Curaleaf Drops Maryland Pot License After Exceeding Cap

Law360 (September 3, 2020, 6:01 PM EDT) -- Curaleaf has agreed to give up one of its Maryland medical marijuana processor licenses and pay a $150,000 fine after the state's cannabis regulator found the cannabis giant had exceeded its one-license cap.

The Maryland Medical Cannabis Commission said in an Aug. 27 consent order that Curaleaf exceeded its license limit through its ownership of CLF MD Processing LLC, which has a management agreement with an unnamed Maryland company that holds a processing license.

Curaleaf has complied and given up the license controlled by CLF MD, according to the order. The commission could increase the company's fine to $400,000 if it...

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