In this episode, Cy and Emily discuss the shifts in Maryland's cannabis scene. They reference a Brookings Institute study which highlights surprising support for cannabis in the state's November '22 election. Interestingly, even traditionally conservative regions in Maryland backed the move to legalize cannabis, proving that the topic transcends typical political lines.
Maryland's approach to cannabis equity stands out. The state's decision to open its first adult-use marijuana license applications exclusively for social equity businesses is noteworthy. These changes also come with a new outlook on regulations, including the significant step of not allowing police searches based on marijuana odor.
On the sales front, Maryland has seen an impressive uptick in numbers, especially since recreational sales began. Price trends show increased costs in specific product categories, hinting at changing consumer preferences. The episode also sheds light on top-performing cannabis brands in Maryland, including the likes of SunMed, which has ties to the established Van Wingerden greenhouse legacy, and others such as Curio Wellness and gLeaf.
Tune in with Cy and Emily to get an insightful overview of the evolving cannabis market in Maryland.
https://www.brookings.edu/articles/marylands-cannabis-politics-offers-insights-for-the-nation/
https://www.headset.io/markets/maryland