Marijuana Business Magazine February 2019

Marijuana Business Magazine | February 2019 26 Maryland Maryland’s medical marijuana industry brought in $96.3 million during its first year of operation. MMJ sales began in December 2017, and the state currently counts nearly 52,000 patients, with almost 23,000 awaiting approval. The state has licensed 71 dispensaries, 15 growers, five testing labs and 16 processors. Massachusetts Retail stores rang up $9.3 million in recreational marijuana sales during the first four weeks of operation, an impressive feat considering only two stores were selling adult-use cannabis during the bulk of this period. As of Dec. 16, the Cannabis Control Commission had received a total of 224 complete applications. Of those, 13 businesses received their final licenses and 11 had commenced operations, including five retailers, two cultivators, two testing laboratories and two product manufacturers. Industry Developments | International & State Cultivation Rooms