Maryland Wholesale Medical Cannabis Trade Association Trade Association

Organization Overview

Maryland Wholesale Medical Cannabis Trade Association Trade Association, operating under the name Canmd, is located in Princess Anne, MD. Canmd is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Canmd generated $550.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $478.2k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTES THE RESPONSIBLE ADVANCEMENT OF THE MEDICAL CANNABIS INDUSTRY IN MARYLAND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING EDUCATION AND RESOURCES FOR LAWMAKERS, MEDICAL PROVIDERS AND PATIENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
At Large Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$550,000
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $550,000

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