{"id":10776,"date":"2018-07-24T10:00:16","date_gmt":"2018-07-24T14:00:16","guid":{"rendered":"https:\/\/www.cashcolorcannabis.com\/?p=10776"},"modified":"2018-07-24T10:00:42","modified_gmt":"2018-07-24T14:00:42","slug":"maryland-mmj-sales-head-toward-100-million-in-first-year","status":"publish","type":"post","link":"https:\/\/www.cashcolorcannabis.com\/2018\/07\/24\/maryland-mmj-sales-head-toward-100-million-in-first-year\/","title":{"rendered":"Maryland MMJ Sales Head Toward $100 million In First Year"},"content":{"rendered":"<figure id=\"attachment_10777\" aria-describedby=\"caption-attachment-10777\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-10777\" src=\"https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/07\/Maryland_State_House_from_College_Ave-1024x866.jpg\" alt=\"\" width=\"1024\" height=\"866\" srcset=\"https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/07\/Maryland_State_House_from_College_Ave-1024x866.jpg 1024w, https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/07\/Maryland_State_House_from_College_Ave-1024x866-300x253.jpg 300w, https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/07\/Maryland_State_House_from_College_Ave-768x650.jpg 768w, https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/07\/Maryland_State_House_from_College_Ave.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-10777\" class=\"wp-caption-text\">via Wikipedia<\/figcaption><\/figure>\n<p>The state of <strong>Maryland<\/strong> is benefitting in a big off the decision to allow for the dale of medical marijuana. After roughly 1-year in, projections show $100 million dollars in sales.<\/p>\n<p>Per <a href=\"https:\/\/mjbizdaily.com\/chart-first-year-medical-marijuana-sales-maryland-could-hit-100-million\/\">MjBizdaily<\/a><\/p>\n<p><span><em>Dispensaries racked up nearly $35 million in sales in the first six months of 2018, and market activity is expected to increase significantly as more stores open their doors and patients register for the program.<\/em><\/span><\/p>\n<p><em>Sales could approach the $100 million mark by the end of the year.<\/em><\/p>\n<p><em>As of June 2018, roughly 32,000 patients had been granted MMJ cards, an increase of 191% from December 2017. Nearly 13,000 additional patient applications are pending.<\/em><\/p>\n<p><strong>MJBiz<\/strong> listed a few reasons as why Maryland&#8217;s program is growing.<\/p>\n<ul>\n<li>The state gives doctors a relatively high degree of flexibility when deciding to recommend medical marijuana to patients. Maryland has a list of qualifying conditions \u2013 like most other states with MMJ programs \u2013 but also allows recommendations in cases where a condition that\u2019s not on the list is severe, unresponsive to other medical treatments and shows symptoms that can \u201creasonably be expected to be relieved\u201d through cannabis.<\/li>\n<\/ul>\n<ul>\n<li>Access to MMJ in the state is high. Currently, 57 dispensaries are licensed throughout Maryland \u2013 more stores per square mile than any other state with a medical cannabis program. Regulators expect to eventually grant 102 dispensary licenses.<\/li>\n<\/ul>\n<ul>\n<li>Maryland allows the sale of flower, a boost for the industry because it is the most popular form of MMJ. States with existing programs that prohibit the sale of flower \u2013 such as New York and Minnesota \u2013 have struggled with low patient counts and lackluster sales. Many states that have yet to come online will restrict access to or ban smokable forms altogether \u2013 such as Louisiana, Ohio, North Dakota and West Virginia \u2013 which is expected to dampen sales prospects.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The state of Maryland is benefitting in a big off the decision to allow for the dale of medical marijuana. After roughly 1-year in, projections show $100 million dollars in sales. Per MjBizdaily Dispensaries racked up nearly $35 million in sales in the first six months of 2018, and market activity is expected to increase [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":10777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1015,4,828,6],"tags":[1436,397,543],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts\/10776"}],"collection":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/comments?post=10776"}],"version-history":[{"count":1,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts\/10776\/revisions"}],"predecessor-version":[{"id":10778,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts\/10776\/revisions\/10778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/media\/10777"}],"wp:attachment":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/media?parent=10776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/categories?post=10776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/tags?post=10776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}