Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(a) In this section, “Fund” means the Cannabis Regulation and Enforcement Fund.
(b) There is a Cannabis Regulation and Enforcement Fund.
(c) The purpose of the Fund is to provide funds to cover the costs of:
(1) the operation of the Administration; and
(2) administering and enforcing this title.
(d) The Administration shall administer the Fund.
(e)(1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(2) The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(f) The Fund consists of:
(1) fees distributed to the Fund under § 36-205 of this subtitle;
(2) revenue distributed to the Fund under § 2-1302.2 of the Tax--General Article;
(3) interest earnings of the Fund; and
(4) any other money from any other source accepted for the benefit of the Fund, in accordance with any conditions adopted by the Commission for the acceptance of donations or gifts to the Fund.
(g) The Fund may be used only for carrying out this title.
(h)(1) The State Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
(2) Any interest earnings of the Fund shall be credited to the Fund.
(i) The Fund is subject to audit by the Office of Legislative Audits as provided for in § 2-1220 of the State Government Article.
(j)(1) On or before March 15 each year, the Administration shall publish on its website a detailed report on revenue distributed to and expenditures from the Fund.
(2) The report shall also be submitted to the General Assembly in accordance with § 2-1257 of the State Government Article.
Cite this article: FindLaw.com - Maryland Code, Alcoholic Beverages and Cannabis § 36-206 - last updated January 01, 2025 | https://codes.findlaw.com/md/alcoholic-beverages-and-cannabis/md-code-al-bev-sect-36-206/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)