Baltimore, MD – In an open letter from the Chairman of the Commission,
the MMCC released preliminary demographic data on ownership and employee participation in the emerging medical cannabis industry.
Preliminary numbers obtained from the industry are showing that there is substantial racial and ethnic diversity as well as female participation within the pre-approved Growers, Processors, and Dispensaries.
Initial Reports Show Diverse Ownership and Employee Participation in Emerging Industry
Preliminary Industry Ownership Demographic Totals
35% Racial and Ethnic Diversity Participation
57% Minority Participation Including Females
Preliminary Industry Employee Demographic Totals
58% Racial and Ethnic Diversity Participation
75% Minority Participation Including Females
Dr. Paul W. Davies, Chairman for the Maryland Medical Cannabis Commission stated, “I am encouraged by this preliminary data, and I must emphasize preliminary, which shows that the Commission is on the right path to achieving a diverse group of industry participants. The medical cannabis industry is charged with making new and innovative medicine to help alleviate the pain and suffering of qualifying patients, including sick children. The Commission is dedicated to creating a world-class program to support this mission, and believes that politics and misleading narratives should be kept out of the process.”
The data was obtained by surveying the pre-approved Grower, Processor, and Dispensary applicants. Based on COMAR, on June 1 of each year, each licensee will be required to submit a report to the Commission regarding the licensee’s minority owners and employees. The Commission noted that the recent numbers will change as all companies become licensed.
For the full letter and breakdown of the data, go to MMCC’s Homepage.
Contact: Vanessa Lyon