While enormous fanfare currently surrounds hot and developing marijuana markets already in play, like Oregon, Nevada, New York and California, East-coaster Maryland has begun to come into its own a bit more quietly but its market development is not going unnoticed.
Industry watchers, in particular, investors, are watching the state market develop with interest because of the investment climate it is creating for those interested in financing the green rush. There is no residency requirement for those seeking gold in green, unlike many other states.
Leslie Bocskor, Managing Partner at Electrum Partners
It looks like Maryland is getting some things right that others haven’t. They may not have reciprocity as we do in Nevada but still allowing for out-of-state travelers to use local dispensaries is better than anyone else. The number of conditions they’re allowing is relatively broad and their overall approach seems quite sensible.
Read Marguerite Arnold’s “State Market Analysis: Is the Maryland Market the ‘Next Big Thing’?”: http://www.mjinews.com/maryland-market-next-big-thing/