Medical Marijuana Market In D.C. At Risk Of Perishing, Affected Business Owner Explains
Washington, D.C.’s medical market could perish within the next three months if the downtrend burdened by the underground market and neighboring Maryland continues. That’s according to Grace Hyde, the owner of District Cannabis.
“If enforcement doesn’t meaningfully begin by the end of July and start to turn things around, I think the medical market could cease to exist within the next 90 days,” Hyde told Green Market Report’s John Schroyer recently.
At the moment, only 15 of 23 operators that are licensed to sell medical cannabis are operational in D.C.
Hyde has been running a cannabis cultivation business for eight years and has ventured into retail this past spring with a new medical marijuana dispensary. However, she’s been facing enormous challenges. “Since January of 2024, the market has been in a really big slump,” Hyde said. “We sold …