A bill to follow voters’ wishes and establish a licensed, regulated and taxed system of legal marijuana stores has been passed by Maryland’s Senate Finance Committee.
The committee approved Senate Bill 516 by a vote of 7 to 2, moving it towards a vote by the full Senate. A version of the bill has already passed the House of Representatives, but will need to go back (or a conference committee established) if it’s passed by the full Senate in order to concur with or make changes to committee-approved amendments.
If Senate Bill 516 is passed into law The Marijuana Alcohol and Tobacco Commission would be renamed as the Maryland Alcohol, Tobacco and Cannabis Commission, which would be responsible for overseeing industry regulations. A Division of Cannabis Regulation and Enforcement would be in charge of reviewing, approving and issuing licenses for marijuana businesses.
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