House bill advances to create legal cannabis sales marketplace

Maryland state delegates on Wednesday gave preliminary approval to a bill that would create a marketplace for legal cannabis sales. If the pace at the State House continues as planned, recreational users of cannabis may be able to legally light up by the July Fourth weekend. House Bill 556 would tax and regulate marijuana. Under the legislation: Marylanders may possess up to 1 1/2 ounces of marijuana. Medical cannabis patients may grow up to four plants. Cannabis would be taxed at 6% for the first year and increase by 1% each year until 2018. It would be capped at 10%.

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