The cannabis industry is benefiting the state of Maryland
The marijuana industry has yielded 4,000 jobs for Maryland and $21.7MM in tax revenue, according to a report by Beacon Economics.
Between January 2012 and December 2019, $811.56 million was invested in the U.S. medical cannabis industry, the report stated. In 2019, $240 million of it was invested compared to just $35,000 in 2012. Between January of 2018 and June of 2018, sales of medical cannabis in Maryland totaled $34.9 million. For the same time period a year later, sales exceeded $106 million with a growth rate of over 200 percent, the report stated.https://www.wusa9.com/article/news/local/maryland/cannabis-industry-generates-millions-for-maryland/65-c9db5123-aaa4-435d-b9b1-48de87dd49e7