New Law Could Put Some Medical Marijuana Dispensaries out of Business

In 2001, Steve DeAngelo agreed to help a friend by attending the delivery of nearly 200 pounds of marijuana in a Maryland trailer park and verifying the quality of the product. In exchange, DeAngelo said he would get 10 pounds of the cannabis that he planned to distribute to medical marijuana patients in that state, where he lived at the time.

Instead, the police swooped in, and DeAngelo ended up convicted of felony possession of marijuana with intent to sell.

Fifteen years later, DeAngelo runs what may be the largest medical marijuana dispensary in the U.S., but a new law says he will have to get a state license by 2018 — and the state can reject applications from those with drug felonies on their records.

DeAngelo, whose Harborside Health Center in Oakland has annual sales of $30 million, plans to go through the appeal process.

– Read the entire article at LA Times.