MariMed Advisors, a wholly owned subsidiary of Worlds Online, Inc. (OTCQB:

WORX), and DispensaryPermits.com provide America's emerging medical

marijuana entrepreneurs with assistance from license applications to facility

development and operations. MariMed Advisors is leveraging its established

regulatory compliance capabilities and proven operating system to become a

model for excellence across the entire spectrum of medical marijuana

consulting. The two firms have successfully assisted dispensary and cultivation

permit winners in California, Washington D.C., Arizona, New Jersey, Rhode

Island, Delaware and Nevada.

Our Services:

• Application and Business Plan Development

• Design and Develop full service Cultivation Centers and Dispensaries

• Turnkey Management of Cultivation Centers and Dispensaries

• Financial Planning, Structuring and Funding of Cannabis Facilities

• Patient Education and Physician Outreach

• Precision Dosing, Product Development, and Branding

Company Background

New York’s Gov. Andrew Cuomo supported and signed a

bill passed by the Senate 49-10 Saturday, July 5th, which

will allow for marijuana to be used for therapeutic purposes

for seriously ill patients.

The bill will allow for cannabis to be consumed in various

forms including edibles, tinctures, pills and vaporized, but

may not be smoked.

New York is now the 23rd state that is set to legalize

marijuana for medicinal purposes.

New York Overview

New York OverviewThe health department will select no more than five

registered organizations to manufacture medical

marijuana. They may be for-profit or non-profit and

may have no more than four dispensing locations

each.

Applicants must have all executed deeds or

documents to show they possess or have the right to

sufficient land, buildings or other premises - OR - posts

bond of $2M.

Registrations are non transferrable

Must manufacture in an indoor, enclosed, secure

facility

QUALIFYING MEDICAL CONDITIONS: New

York

• Epilepsy

• Multiple Sclerosis

• ALS (Lou Gehrig’s Disease)

• Parkinson’s Disease

• Huntington’s Disease

• Neuropathies

• Spinal Chord Injuries

• Cancer

• HIV/AIDS

• Inflammatory Bowel Disease

• Cachexia/Wasting Syndrome

• Severe or Chronic Pain

• Severe Nausea

• Seizures

• Severe or Persistent Muscle

Spasms

• Such other conditions,

symptoms or complications as

added by the commissioner.

GOVERNMENT FEES: New York

APPLICATION FEE: $10,000

accompanied by a check for $200,000

(to be refunded if not awarded a permit)

Maryland Overview

On April 14th, 2014, Gov. Martin O’Malley made history in

the state of Maryland, signing two bills that will make

Maryland the 21st state to enact a medical marijuana

program and the 18th state to decriminalize marijuana

possession.

Senate Bill 923 and House Bill 881 will significantly change

the medical marijuana program.

Maryland is transitioning from having an unworkable

research-based program to having an effective program

that will provide real access to patients.

Maryland OverviewNovember 13, 2014: The Medical Marijuana

Commissioners approved the draft regulations.

Until May 31, 2016, the commission may issue pre

approvals of a license up to a total of 15 licenses

based on application rankings

After June 1, 2016 the commission may issue pre

approvals of a license necessary to meet the

demand for medical marijuana for qualifying patients.

Within 10 business days of the commissions

decision, the commission will notify an applicant who

has been pre approved for a license.

QUALIFYING MEDICAL CONDITIONS:

Maryland

• Cachexia, anorexia, or wasting syndrome;

• Severe or chronic pain;

• Severe nausea;

• Seizures; or

• Severe or persistant muscle spasms.

Will allow recommendations for “any other condition that is

severe and for which other medical treatments have been

ineffective if the symptoms reasonable can be expected to be

relieved by the medical use of marijuana.”

State health officials estimate that 45,000 patients would be

eligible to obtain medical marijuana.

GOVERNMENT FEES: Maryland

Grower Fees

• Application Fee: $6,000

• 2 year licensing fee of $250,000: $125,000/yr

Dispensary Fees

• Application Fee: $5,000

• 2 year licensing fee: $80,000: $40,000/yr

Grower and Dispensary Fees

• Application Fee: $11,000

• 2 year licensing fee: $330,000: $165,000/yr

Arizona Overview

How will this work?

A medical marijuana dispensary registered with ADHS must

be operated on a not-for-profit basis, but will be able to receive

payment for expenses incurred in its operation.

The Department can issue no more than one nonprofit medical

marijuana dispensary registration certificate for every ten

pharmacy permits issued by the Arizona State Board of

Pharmacy under current law.

A dispensary can cultivate marijuana only in an enclosed, locked facility.

A dispensary can acquire marijuana from other registered nonprofit

dispensaries or from a registered qualifying patient or designated caregiver if

the patient or caregiver is not compensated for the marijuana.

The Department anticipates issuing 126 total dispensary registration

certificates.

Arizona Overview

Important Dates:

February 5, 2014: Drafted Regulations

Late 2015: Applications being accepted

Applying for a Dispensary Registration Certificate: 30 working days

Applying to Operate a Dispensary: 45 working days

The Department will accept dispensary registration certificate

applications for 10 working days beginning 30 days after the

Department posts on the ADHS website that it will be accepting

applications.

Arizona Overview

If only one complete application is received for a dispensary in a particular

CHAA (Community Health Analysis Areas), that applicant will be awarded a

dispensary registration certificate.

• If more than one complete application is received for a dispensary in a

particular CHAA;

• All individuals access to $150,000 in capital;

• No individuals with more than 20% interest in the dispensary that are not

the applicant, principal officer, or board member of the dispensary

Then the Department will use a random selection process to allocate the

dispensary registration certificate.

QUALIFYING MEDICAL CONDITIONS:

Arizona

• Cancer

• Glaucoma

• HIV

• AIDS

• Hepatitis C

• ALS

• Crohn’s Disease

• Agitation of Alzheimer’s disease

• Cachexia or wasting syndrome

• Severe and chronic pain

• Severe nausea

• Seizures, including those characteristic of epilepsy

• Severe or persistent muscle spasms, including those

characteristic of multiple sclerosis

GOVERNMENT FEES: Arizona

Dispensary Application Fee: $5,000

Dispensary Registration Renewal Fee: $1,000

Dispensary Location Change: $2,500

Dispensary’s Cultivation Site Location

Change (Or to Add a Cultivation Site): $2,500

If a dispensary registration certificate application is complete and the applicant is

not allocated a dispensary registration certificate, the applicant will be refunded

$1,000 of the $5,000 application fee.

ASK THE EXPERT: Dispensary Application &

Operations

Combined with nearly a decade of experience executing online and traditional marketing

campaign with a BA in communications from ASU and an MBA from Keller University

Sara Gullickson is the Executive Director of

DispensaryPermits.com, VP of Sales and Marketing for MariMed

Advisors

Country wide industry leader in the Medical Marijuana industry

with over 4 years of experience

Women Grow Co - Chair for the Phoenix Chapter

Passionate about wellness and patient accessibility

Guided clients through 9 State medical marijuana application

process

ASK THE EXPERT: Dispensary Application &

Operations

QUESTION

S?

RACHEL SCHUBERT, Rachel@DispensaryPermits.com

DispensaryPermits.com MariMedAdvisors.com

Thank You for Joining!

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