Updates

[Webinar] From Maryland Lottery to Cannabis Business License: Priorities, Strategies & Solutions

Apr 5, 2024

On March 14, the Maryland Cannabis Administration (MCA) announced the results of its highly competitive cannabis licensing lottery. With nearly 1,500 applications vying for just 179 licenses, the selection process was rigorous. So, what’s next for the lottery winners?

Watch this informative webinar with members of Vicente’s Maryland and Corporate teams and Cannabis Capital Advisors’ Christopher Stefan. Panelists will guide attendees with essential next steps to successfully navigate Maryland’s cannabis industry, including insights into the application review process, compliance requirements, and financing options for raising capital to build an operational cannabis business in Maryland.

Topics of discussion may include:

  • Understanding the application review process, lottery results, potential legal challenges, and what winning applicants need to do next
  • Exploring financing options (debt vs. equity, additional ownership, M&A, fundraising), navigating compliance requirements, and fulfilling any supplemental application needs
  • A roadmap for property/municipal approvals and understanding the regulatory landscape for a successful business launch

Panelists:

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Charles Alovisetti, license, Licensing, Maryland, Meg Nash, Webinar