Delaware in upper half of states viewed as good candidates for marijuana-based businessesPosted by On

Delaware is in the upper half of the 50 states in a ranking of the best place to open a marijuana-based business.

At 21st the First State ranked higher than New Jersey, which appears to be moving closer to full legalization of marijuana, but well below No. 12 Maryland, which is rolling out its medical marijuana system.

The report from noted that regulatory and other barriers remain high in many states.

Ranking No. 1 was Oregon, due to a lower cost of living than nearby states on the West Coast and lower taxes. Massachusetts, Maine, and Vermont have the highest rankings on the East Coast.

Factors used in the ranking included legal environment, 30 percent; ease of market entry, 25 percent; and market entry costs 20, percent. Lesser factors were tax climate and market opportunity.

Delaware has been building out a medical marijuana dispensary system that uses…

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