Maryland Marijuana Market Analysis Now Available
July 14, 2015
We are pleased to announce the launch of our Maryland Marijuana Market Analysis!
Since Maryland legalized marijuana possession in April 2014, we at GRC have been watching with interest to see how the growth and sales regulations would unfold. So far, we have been very impressed: the draft regulations have been clear and comprehensive, but reasonable in their expectations.
As a result, we are particularly excited to share our Maryland Market Analysis for the Medical Marijuana Industry.
Regulators and Residents Favor Medical Marijuana Businesses
With a favorable political climate and more than 50% of Maryland residents in favor of recreational marijuana, the Maryland market is full of promise for the medical marijuana industry.
Our analysis not only estimates the industry revenue potential, but also breaks down the patient population – critical information for opening a medical marijuana dispensary in Maryland.
Our report also contains information relevant for investors and physicians, as well as those interested in opening a cultivation center or processing facility in the state.
Learn How to Open a Maryland Dispensary or Medical Marijuana Business
With applications expected to open in September, the information in the Maryland Marijuana Market Analysis is critical to gaining a competitive edge:
- Comprehensive analysis of Maryland’s political climate as it relates to medical and recreational marijuana;
- Descriptions of the qualifying conditions for patients, and a disease-by-disease estimate of the potential patient pool;
- Detailed breakdown of the application process for cultivation centers, processors, dispensaries, physicians, and patients;
- Projections of the revenue potential for dispensaries and cultivation centers; and
- Discussion of the potential future of recreational marijuana in Maryland.
Be Competitive: Start Developing Your Application Now
Maryland’s regulations for the medical marijuana industry are still in draft form. The Natalie M. LaPrade Maryland Medical Cannabis Commission is accepting comments on the regulations until July 27, with anticipated adoption in September. At that time applications for business licenses will open.
However, license applications are complex. To have a competitive application, GRC strongly recommends that any individuals with significant interest in operating in Maryland get started now.
Start understanding the specific Maryland application process by purchasing our Maryland Market Analysis for the Medical Marijuana Industry.