If you or your group is seeking to purchase a Maryland retail dispensary license or the real estate anchored to those licenses, please reach out to see if there is alignment with your pursuit. Call Jamie at 302-750-9678
SB 215 allows ESOP-based license transfers an exemption from the 5-year waiting period and approval from the Maryland Cannabis Administration has been confirmed.
The process is arduous and expensive, but comes with upside for all parties, including but not limited to 280E relief, exit liquidity, capital gains deferral, and otherwise stagnant M&A activity.
Fun fact: Roughly 40% of the currently operating Maryland cannabis dispensaries are owned by larger MSOs.
