Maryland

Maryland’s medical marijuana program came into effect in 2017, three years after state approval. In total, 15 industrial hemp, 15 medical marijuana processors and 102 potential dispensary licenses were distributed in MD. While Maryland is not often thought of as the most progressive cananbis state, it has made one very significant contribution to the industry’s lack of a traditional banking system. The Bulldog Federal Credit Union, which was originally founded Maryland in 1968 has begun offering banking services to meet the needs of Maryland’s rising medical marijuana industry.