While the coveted 15 growing licenses issued by the state of Maryland have not yet been assigned, companies vying for the opportunity to grow marijuana in Maryland are already trying to hedge their bets by forming research partnerships with local universities and incentivizing the communities they will be located in. Though state officials insist that these partnerships will have no bearing on which organizations are ultimately given the licenses, the relationships are seen as a way to promote community engagement and offer a sense of commitment to Maryland’s economy and well-being. Learn more about this interesting development in Maryland’s medical marijuana journey in today’s blog.
Maryland Medical Marijuana Growers Seek to Build Innovative Partnerships
Partnerships offer benefits to both communities and growers
The state of Maryland received an unexpectedly overwhelming deluge of applications for the coveted 15 medical marijuana grower’s licenses. While the competition may be fierce, this isn’t stopping some applicant companies from hedging their bets by ingratiating themselves in the communities in which they hope to work. In Frostburg, MD, Peak Harvest Health recently formed a research partnership with Frostburg State University. While the conditions are strict and would prohibit any marijuana from entering campus, it will allow the institution to research the effects of marijuana.
The University of Maryland, Eastern Shore has also jumped on the bandwagon by signing an agreement with Wellness Farms that would allow the institution to research the youth marijuana use prevention and develop new strains of the drug.
In Hancock, MD, the company Harvest, Inc. has committed to giving up a 5% stake of their business to the town itself. Because cannabis growing is still a stigmatized industry, these types of partnerships can go a long way in improving community relationships. While universities have historically avoided associating themselves with the marijuana industry in order to prevent allegations of wrongdoing, these types of arrangements can have major benefits for both growers and the communities in which they reside.
BRUCE ROBINSON & ASSOCIATES
Bruce Robinson & Associates is a criminal defense law firm based in Baltimore, MD. If you have been accused of criminal actions and need to seek aggressive counsel, Robinson & Associates is here to help. For more information and to schedule your free consultation, give Robinson & Associates a call at 443-524-7395 or visit us at www.marylandcriminallawyer.com. You can also follow us on Facebook, Twitter, and Google+.