Close Menu
  • Home
  • News
  • Lifestyle
  • Law
  • Business
  • Education

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Australian Publishers Face Legal Action for Cannabis Advertisements

June 20, 2025

Hemp Companies Sue Maryland Over Cannabis Licensing

June 19, 2025

Missouri Hemp Groups Seek to Deregulate Cannabis via Ballot Initiative

June 19, 2025
Facebook X (Twitter) Instagram
Saturday, June 21
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram LinkedIn VKontakte
Smoke Professional
  • Home
  • News

    More Than 1,000 Arrested in Sweep of U.K. Weed Grows

    July 8, 2023

    Scotland Calls On UK To End ‘Failed’ Drug War With Decriminalization And Harm Reduction Approach

    July 8, 2023

    Germany’s draft law for first phase of cannabis reform

    July 8, 2023

    High Times Cannabis Cup Illinois: People’s Choice Edition 2023 Kicks Off

    July 8, 2023

    Pennsylvania Committee Advances Expansion to State Medical Cannabis Program

    July 7, 2023
  • Lifestyle

    How Watching the News Can Trigger Anxiety and Panic Attacks

    October 28, 2024

    Record High Cannabis and Hallucinogen Use Among Adults

    October 27, 2024

    Weekend Sleep Catch-Up May Lower Heart Disease Risk by 20%

    October 27, 2024

    Energy Drinks Linked to Poor Sleep Quality and Insomnia

    October 26, 2024

    First Psychedelic Church for Magic Mushrooms

    October 26, 2024
  • Law

    Republican Lawmakers Kill Cannabis Legalization Provisions in Wisconsin Gov’s Budget Proposal

    June 16, 2025

    Pennsylvania Senate Committee Rejects Adult-Use Legalization Bill

    June 15, 2025

    Results from Swiss Cannabis Pilot Program Suggest Legalization Reduces Problematic Cannabis Use

    June 14, 2025

    Study: Cannabis Use Among Older Adults Higher Than Ever

    June 13, 2025

    North Carolina Gov. Creates Advisory Council to Explore Cannabis Reforms

    June 12, 2025
  • Business

    Australian Publishers Face Legal Action for Cannabis Advertisements

    June 20, 2025

    Hemp Companies Sue Maryland Over Cannabis Licensing

    June 19, 2025

    Missouri Hemp Groups Seek to Deregulate Cannabis via Ballot Initiative

    June 19, 2025

    Maine Credit Union Dropping Medical Cannabis Caregiver Accounts

    June 18, 2025

    HIGH TIMES RETURNS: The Counterculture Giant Reclaims Its Roots

    June 17, 2025
  • Education

    CBD and the Aging Population—What Science Says Today

    March 12, 2025

    Wholesale Nootropic Skincare: Boost Your Product Line

    March 10, 2025

    Ideal for Your Business Needs

    March 8, 2025

    A Must-have For Every Smoke Shop

    March 3, 2025

    The Perfect Addition to Your Product Line

    March 1, 2025
Smoke Professional
You are at:Home»Business»Long-Awaited Maryland Lottery Awards First Social Equity Cannabis Licenses
Business

Long-Awaited Maryland Lottery Awards First Social Equity Cannabis Licenses

adminBy adminMarch 27, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Long-Awaited Maryland Lottery Awards First Social Equity Cannabis Licenses
Share
Facebook Twitter LinkedIn Pinterest Email

Editor’s note: this article originally appeared in The Outlaw Report, and has been republished with permission.

After a 73-day delay, Maryland held its first cannabis lottery for adult-use licenses on March 14, 2024. The lottery awarded 174 lucky applicants dispensary, grower or processor licenses.

This was the first opportunity for new businesses to enter the market since adult-use cannabis was legalized last summer. Until now, only existing medical dispensaries that expanded to adult-use sales have benefited from the explosion in profit. According to reports, adult-use sales generated an additional $447 million in the first nine months.

Both Calvert and Talbot County were not included in the lottery due to pending litigation. 

Over 1,500 applications qualified for the social equity lottery, which was part of a larger pool of about 3,000 applications submitted last fall. Multiple lawsuits challenging the social equity requirements ultimately failed to delay the lottery.

Mainor Ramirez and his wife, Shalain, were among the lucky winners. They entered the lottery for a micro dispensary license in the Southern district where their chance of winning was less than 3%. Their business, ShayshayTreats and Delivery Service, was one of only two winners chosen from 71 applicants.

The Ramirez’s, who identify as Black and Latino, qualified for social equity in the fall. Being on the starting line of a race for two and half months while they waited for the delayed lottery was not easy. Mr. Ramirez said the couple had to put everything in their lives on hold, but now that they’ve won:

“It feels unreal. [I am] overwhelmed with joy and happiness, and excited but nervous for what’s to come,” Ramirez said. Stepping into the legal market is intimidating, but the couple have waited a long time for an opportunity like this.

Get daily cannabis business news updates. Subscribe

Source link

Awards cannabis Equity Licenses LongAwaited Lottery Maryland Social
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article7 Best Pre-Roll Machines Designed for Profitable Production
Next Article German Cannabis Legalization Fuels Surge in Weed Stocks
admin
  • Website

Related Posts

Australian Publishers Face Legal Action for Cannabis Advertisements

June 20, 2025

Hemp Companies Sue Maryland Over Cannabis Licensing

June 19, 2025

Missouri Hemp Groups Seek to Deregulate Cannabis via Ballot Initiative

June 19, 2025

Comments are closed.

Our Picks

Australian Publishers Face Legal Action for Cannabis Advertisements

June 20, 2025

Hemp Companies Sue Maryland Over Cannabis Licensing

June 19, 2025

Missouri Hemp Groups Seek to Deregulate Cannabis via Ballot Initiative

June 19, 2025

Maine Credit Union Dropping Medical Cannabis Caregiver Accounts

June 18, 2025
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Business

Australian Publishers Face Legal Action for Cannabis Advertisements

By adminJune 20, 20250

The Australian Therapeutic Goods Administration (TGA) — the country’s agency for monitoring, assessing, and regulating…

Hemp Companies Sue Maryland Over Cannabis Licensing

June 19, 2025

Missouri Hemp Groups Seek to Deregulate Cannabis via Ballot Initiative

June 19, 2025

Maine Credit Union Dropping Medical Cannabis Caregiver Accounts

June 18, 2025

Subscribe to Updates

Get the latest creative news from Smoke Unlimited about Weed & CBD vaping.

From Our Partners
About Us
About Us

Get all the current news stories, latest trends and legislation regarding cannabidiol, products, usages and its benefits. So don’t miss out any buzz and stay tuned! We offer a minute to minute updates regarding Marijuana industry.

Facebook X (Twitter) Instagram Pinterest
Our Picks

Australian Publishers Face Legal Action for Cannabis Advertisements

June 20, 2025

Hemp Companies Sue Maryland Over Cannabis Licensing

June 19, 2025

Missouri Hemp Groups Seek to Deregulate Cannabis via Ballot Initiative

June 19, 2025
Sponsors
Copyright © 2025. SmokeProfessional
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.