Maryland Moves to Revoke Preliminary Cannabis Licenses Issued to Vireo Health Affiliate

The Baltimore Sun reports that MaryMed LLC, which won a preliminary license for both cultivation and for processing in Maryland earlier this year, will not be receiving its final license. The Maryland Medical Cannabis Commission is concerned about its former parent, Vireo Health, which endured a diversion issue by employees who allegedly transported cannabis materials in late 2015 from Minnesota to New York.

MaryMed will be appealing the decision, and the program doesn’t intend to issue the licenses to other parties until the issue is fully resolved. The agency claims that MaryMed has been delinquent in producing records and delayed informing it about a change in its relationship with Vireo Health, which is no longer the owner but receives a $30,000 per month consulting fee.

Read Erin Cox’s “Maryland regulators want to deny license to medical cannabis firm”:

Published by NCV Newswire
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