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Maryland’s ‘social equity’ cannabis lottery is today. Here’s how it works.

March 14, 2024

Hundreds of hopeful entrepreneurs will learn on Thursday if they’re one step closer to starting a cannabis business in Maryland, a state-regulated industry experts have estimated could take in more than $1 billion in annual sales. Each of the more than 1,500 eligible applicants have checked all the boxes in a multistep vetting process to qualify as what’s been dubbed a “social equity” applicant for their shot at one of the 179 licenses being distributed in this first of three possible licensing rounds.

 

Article Source: The Baltimore Banner

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