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We interviewed individuals from Maryland's cannabis industry, including Michael Bronfine from Curio Wellness and representatives from SunMed Growers and Offit Kurman's Cannabis Practice. MITA Unshackled Episode 2 State-by-State Overview: Maryland Recorded at MJBizCon 2023 We discuss the legalization of adult-use cannabis in Maryland and its impact on the cannabis industry in the state. Some key points from the include: The driving factor for adult use legalization in Maryland was to create generational wealth for impoverished communities. Governor Wes Moore and Speaker Jones were major proponents of this initiative. Maryland opened its medicinal cannabis market in 2017, and the transition to adult use began in 2023. Maryland currently has 26 cultivation licenses, 26 processor licenses, and 75 retail store licenses. These licenses are initially only available to social equity applicants. The podcast discusses the taxation of cannabis products in Maryland, highlighting that there are no taxes on medical cannabis products, while adult-use products have a 9% premium. There is a brief discussion on civil versus criminal sanctions for participation in the illicit cannabis market, with a focus on the need for a memorandum of understanding between different regulatory agencies. The interviewees emphasize the importance of maintaining a strong medical cannabis market in Maryland. Overall, the podcast provides insights into Maryland's approach to cannabis legalization, taxation, and the challenges and opportunities faced by industry players. Guest: Michael Bronfein / michael-bronfein-745717ab Guest: Andrew Reich / andrew-reich-5bb41683 Guest: Jonathan R. Wachs https://offitkurman.com/attorney/jona... Sponsored by: Curaleaf: https://curaleaf.com/ Dime Industries: https://lnkd.in/gpNgPkAB Dope SEO: https://dopeseo.com/ Policy Quake: https://policyquake.com Hashtags: #maryland #business #podcast #generationalwealth #cannabis #politics #law #legalization #cannabiscultivation #social #justice #civil #education #MJBizCon2023 #CannabisIndustry #MarylandCannabis #MITAUnshackled #MITA Disclaimer: The sponsors of this podcast do not necessarily endorse or agree with the opinions, views, or any controversial content expressed during the production. Their role is limited to sponsoring the podcast, and they do not have control over the editorial or creative aspects of the content. The views and opinions expressed are solely those of the podcast hosts and guests. The sponsors are not responsible for any statements made during the podcast that may be perceived as controversial or objectionable.