Cannabis Massachusetts Regulators Approve the Transfer of Marijuana Banking Businesses by Sophia Vida April 04, 2022 Recently Massachusetts’ Needham Bank completed its acquisition of Eastern Bank, which includes the transfer of the cannabis banking and money service businesses after receiving the necessary regulatory approvals. Needham plan...
Money related Marijuana Tax Revenue in this State Now Exceeds Alcohol by Sophia Vida January 25, 2022 According to new state data which was first reported by WCVB-TV, Massachusetts marijuana tax revenue is now greater than alcohol. As of December 2021, Massachusetts brought in $51.3 million from alcohol taxes while bringing in ...
Money related Jushi Holdings to Buy Massachusetts Marijuana Company for $91.2M by Sophia Vida September 14, 2021 Marijuana multistate operator Jushi Holdings has finalized a $91.2 million deal to buy Massachusetts marijuana company Nature's Remedy. Jushi revised downward the upfront payment for a deal to enter the Massachusetts market thr...
Sector News Former Celtic Player Paul Pierce to Launch Marijuana Brand by Sophia Vida June 16, 2021 Paul Pierce, the former ex Celtic player, is launching the "Truth" marijuana brand in Massachusetts. The NBA champion told the Globe this week that he is launching a line of recreational marijuana products in Massachusetts unde...
Sector News Massachusetts Cloud Creamery Launches Cannabis-infused Ice Cream by Sophia Vida June 11, 2021 For Massachusetts residents or visitors who want to try cannabis-infused ice cream, they are in luck. Cloud Creamery is launching cannabis-infused ice cream in the state. The launch of Cloud Creamery’s cannabis-infused ice cr...
Legal Related Massachusetts Cannabis Control Commission Launches Marijuana Delivery License Application by Sophia Vida June 01, 2021 The Cannabis Control Commission (CCC) in Massachusetts announced this past Friday that eligible applicants can now seek pre-certification and licensure as marijuana delivery operators. These new licenses were created in the ind...
Legal Related Bill Aims to Make Legal Cannabis Lounges in Massachusetts Legal by Sophia Vida March 09, 2021 While it's been legal to buy marijuana in the state of Massachusetts, finding a place to use it has been challenging. A new bill is aiming to address this problem by authorizing licensed cannabis lounges. According to State ...
Legal Related Massachusetts Medical Cannabis Patient List Tops 100,000 by Sophia Vida February 15, 2021 In the last year, the number of medicinal cannabis patients grew over 30,000 and is now at the state's highest level since the first dispensary opened in June of 2015. Massachusetts now has 100,000 medical marijuana patients in...
Legal Related Massachusetts Cannabis Control Commission Caps Number of Marijuana Delivery Licenses by Sophia Vida October 23, 2020 This week marijuana regulators in the state of Massachusetts have finely tuned a plan that would set up structure for home delivery of marijuana as well as create new business opportunities. Home delivery of marijuana has long ...
Legal Related Massachusetts Marijuana Company is Suing the State Over This by Sophia Vida September 23, 2020 A marijuana retailer in Massachusetts has filed a suit against the state over licensing delays and alleges that the unnecessary delays on one of its business licenses had cost it $1.2 million. Northeast Alternatives has a medic...
