$4,000.00

Open a Dispensary in Maryland – Maryland Medical Marijuana

Description

Green Rush Consulting, LLC, is a vanguard cannabis consulting firm with a verifiable track record of securing Medical Marijuana Dispensary and Cultivation Center Licenses.

The ultimate goal of GRC is to foster the development of the professional cannabis industry. The cannabis industry is emerging rapidly throughout the nation and is currently at a complicated intersection between the potential medical and recreational markets. We believe the proper way to foster professional growth within the industry is to establish a professional environment – where the benefits of regulated expert cultivation processes are paired with the safe and knowledgeable distribution of products to help facilitate the elimination of black market competition and improve the image of cannabis in society.

Maryland Medical Marijuana Program in Phase 2

Application deadlines for stage one of the licensing process have passed, and the Natalie M. LaPrade Maryland Medical Cannabis Commission (the Commission) will no longer be accepting submissions from individuals intending to grow, process, or dispense medical marijuana in the state of Maryland.

Green Rush Consulting helped 8 clients in the state apply and won pre-approval for all 8 of them for a total of 2 processing licenses and 6 dispensary licenses!

A total of 1081 applications were submitted to the Commission, of which there were:
811 dispensary (102 approved)
146 cultivating (15 approved)
124 processing (15 approved)

Phase 2 tasks include: include completing regulatory requirements, raising capital, acquiring real estate, securing local zoning approvals, construction of facilities, installation of equipment, and the hiring and training of staff.

Green Rush Consulting can help you develop your standard operating procedures.

Key Dates

Applicants have 365 days to receive approval to operate.

August 2017 – cultivator and processor deadline

December 2017 – dispensary deadline

Projected Startup Costs

Stage Two Application Fees

Cannabis Grower
Stage Two application fee: $4000
Biennial licensing fee: $125,000

Cannabis Grower/Dispenser
Stage Two application fee (for two applications): $8,000
Biennial licensing fee for growing (every other year): $250,000
Biennial licensing fee for dispensing (every other year): $80,000

Cannabis Dispensary
Stage Two application fee: $4,000
Biennial licensing fee (every other year): $80,000

Cannabis Processor
Stage Two application fee: $4,000
Biennial licensing fee (every other year): $80,000

Biennial licensing payments may be made in annual installments with no penalty or additional fee.

Green Rush Consulting anticipates an additional $500,000 will be required for location build-out and other start-up costs for each facility. Green Rush Consulting recommends a minimum capitalization of $1,000,000.

Forthcoming cannabis license types

Applicants were allowed to file for a license type in each of the three categories available, allowing the potential for vertical integration. Dispensary applicants were allowed to apply in multiple legislative districts throughout Maryland, but will only be allowed to accept a single license for a single location.

Dispensary: sells directly to consumers.
Grower: cultivates medical cannabis from seed or clone.
Processor: transforms raw marijuana into another product or extract.

Summary of Maryland medical cannabis laws

Senate Bill 923, passed on April 14, 2014, authorized access to medical cannabis by patients with serious illnesses. To manage the medical marijuana industry in Maryland, the state’s Congress appointed the Natalie M. LaPrade Medical Cannabis Commission (MMCC), a 15-member committee.

The MMCC promulgated medical cannabis industry regulations. In September 2015, these became official regulations published in section 10 Maryland Department of Health and Mental Hygiene, Subtitle 62.


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  • Phone Number: 510) 479-7327
  • City: MD
  • Zip/Postal Code: MD
  • Posting Area: Baltimore
  • Listed: April 20, 2017 1:24 am
  • Expires: 25 days, 13 hours

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Listing ID: 16458f80dae64d31

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