Southern Waves Cannabis opens Maryland and California locations July 15

Multi-state dispensary debut arrives as Maryland market approaches 122 retail locations and quarterly tax revenue climbs.

FILE — retail · My 420 Tours / CC BY-SA 4.0

Southern Waves Cannabis Dispensary opened dual locations in Maryland and California on July 15, according to The BayNet. The expansion comes as Maryland's adult-use retail footprint reaches 121 open dispensaries, suggesting continued market fill-out roughly two years into recreational sales.

Maryland's cannabis sector shows steady transaction velocity. The state collected $26 million in tax revenue in the first quarter of 2026, with June monthly sales near $103 million. Recent regulatory shifts—including eased investment rules (July) and tightened agent registration standards (January)—indicate state authorities are balancing market access with compliance rigor.

Watch whether Southern Waves' entry will be followed by material growth in pending applications or whether the 121-store threshold represents a saturation point in Maryland's competitive retail landscape.