MJBizMag July 2020 - 30

IndustryDevelopments | International & State
Louisiana
State lawmakers passed two medical cannabis expansion bills, but it's uncertain
whether the reforms will be enough to ensure the business viability of the
small, heavily regulated program. The bills, which were signed by Gov. John Bel
Edwards, will:
* Do away with qualifying conditions and allow physicians to decide whether
to recommend MMJ to patients.
* Prohibit the state from discouraging or penalizing banks and credit unions
from providing financial services to a state-legal cannabis-related business.
Separately, state lawmakers passed legislation providing legal immunity to
physicians who recommend medical marijuana.
Maine
Marijuana businesses in Maine are suing the state to enforce a residency
requirement for the adult-use market. Regulators dropped the four-year
residency requirement in May, saying they didn't believe they could win a
legal challenge from the state's largest medical cannabis company, Wellness
Connection of Maine. Wellness Connection controls four of the state's eight MMJ
licenses and is affiliated with New York-based multistate marijuana operator
Acreage Holdings. The lawsuit argues the Maine Office of Marijuana Policy had no
legal authority to scrap a law without a court decision or state legislative action.
Maryland
Cannabis sales in Maryland hit $252 million in 2019, up from $109 million in
2018. Through March 2020, medical marijuana sales in the state eclipsed
$91 million, an increase of 86% from the first three months of 2019. Average
per-patient sales in March 2020 were just shy of $350, the highest figure in the
program's history. Patient counts increased by nearly 34,000, or 55%, from
March 2019 to March 2020. Currently, roughly 1.6% of Maryland's population is
registered in the state's MMJ program.
Massachusetts
Recreational marijuana stores in Massachusetts resumed sales on Memorial
Day, ending a two-month closure that might have collectively cost those
retailers nearly $2 million per day. Massachusetts was the only market with
state-legal adult-use marijuana where those sales were not declared " essential "
during the coronavirus pandemic; however, medical cannabis dispensaries
were allowed to remain open. Adult-use stores that reopened May 25 reported
strong consumer demand for preorders placed online or by phone to be fulfilled
via curbside pickup. In other news, the Massachusetts Cannabis Control
Commission plans to launch a statewide product catalog listing the various
products manufacturers and retailers have to offer customers.
28 Marijuana Business Magazine | July 2020

MJBizMag July 2020

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