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Maryland medical marijuana sales surpassing forecast

In this Sept. 24, 2018 photo, different strains of marijuana are displayed for sale at the Warmland Centre, a medical marijuana dispensary in Mill Bay, British Columbia on Vancouver Island in Canada. On Oct. 17, 2018, Canada will become the second and largest country with a legal national marijuana marketplace, forcing many dispensaries, including Warmland, to close temporarily until they receive licenses under the new recreational system. (AP Photo/Ted S. Warren)

BALTIMORE (AP) — Medical marijuana sales in Maryland are surpassing a previous forecast and could reach $100 million this year.

The Baltimore Sun reports that medical marijuana sales totaled $67 million for the first nine months of 2018.

A market research firm predicted last year that the state’s sales in 2018 would be about $46 million. New Frontier Data Senior Economist Beau Whitney said sales could now hit $100 million in December.

State lawmakers have expressed concern that the state’s new medical marijuana industry could be dominated by a handful of big companies. Lawmakers approved legislation earlier this year aimed at improving diversity in the industry by increasing the number of grower licenses and licenses to process marijuana.

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