Who can apply?
The Cannabis Reform Act (HB556/SB516) requires that all applicants in Round 1 qualify as social equity applicants. A social equity applicant is defined as an applicant that has at least 65% ownership and control held by one or more individuals who:
- Lived in a disproportionately impacted area for at least five of the past 10 years;
- Attended a public school in a disproportionately impacted area for at least 5 years; or
- Attended, for at least two years, a 4-year institution of higher educaiton in the State where at least 40% of the individuals who attended the institution are eligible for a Pell grant.
What is a "Disproportionately Impacted Area"?
The Cannabis Reform Act (HB556/SB516) defines a disproportionately impacted area as an area that had above 150% of the state's 10-year average for cannabis possession charges. A map of disproportionately impacted areas and associated zip codes in Maryland will be shared in the coming weeks.
What do I need to apply?
In addition to meeting the criteria for a social equity applicant, your application must include:
- A detailed operational plan
- A business plan; and
- A detailed diversity plan.
Is it free to apply?
No. An applicant must submit an applicaiton fee of either $5,000 for a standard license; or $1,000 for a micro license.
What's the difference between a standard license and a micro license?
Both standard and micro licenses offer the opportunity to form a business to grow, process , or dispense cannabis and cannabis products in Maryland. Micro licenses are intended for smaller businesses, and the amount of cannabis a buisness can grow or process is limited under law. Similarly, micro dispensaries may establish a delivery service for cannabis and cannabis products to patients and consumers.
When can I apply?
Applications for the initial license round are not yet public. We expect them to be released in September 2023. Fill out this form here to be notified when the application is published and for more information on how to apply.
