As you might expect, the process to obtain a medical cannabis dispensary license in Maryland is quite complex. Since the state will be allowing a limited number of dispensary licenses, it’s in your best interests as a prospective cannabis business owner to seek legal counseling in Maryland before submitting your application. Attorneys can advise you of relevant compliance issues and make sure that your application is in order with all necessary supporting documents.
Required Information
Prospective cannabis dispensary owners can expect to fill out a lengthy application. It requires basic information such as the legal name of the entity and the identifying information for each principal officer. Bear in mind that no applicant or principal officer may apply for a Maryland license if he or she has previously served as a principal officer in a dispensary that has had a revoked registration certificate. One large section of the application requires you to check off boxes to demonstrate that you acknowledge various requirements and that you agree with them. Then, you can expect to answer in-depth questions about your proposed medicinal marijuana dispensary, such as how you plan to minimize any negative impact to the surrounding community and how you will train all dispensary agents in detecting and preventing the diversion of medicinal marijuana. Other examples of required information are:
- How you plan to educate dispensary agents every 12 months regarding the latest medicinal marijuana information
- How the premises will be constructed to prevent unauthorized entry
- How the secure room within the dispensary will be constructed
- How you will maintain surveillance and security systems
These are just a few of the many questions you can expect to answer. It’s highly advisable to consult an attorney in Maryland to ensure that your application package is in order before submitting it.
Applicable Fees
If you are able to obtain a medicinal marijuana dispensary license, you will be required to pay an annual licensing fee of $40,000 for every year that you are in business. Combined grower/dispensary operators are required to pay higher fees.