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Massachusetts Regulators Approve the Transfer of Marijuana Banking Businesses
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...
Marijuana Tax Revenue in this State Now Exceeds Alcohol
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 ...
Jushi Holdings to Buy Massachusetts Marijuana Company for $91.2M
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...
Former Celtic Player Paul Pierce to Launch Marijuana Brand
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...
Massachusetts Cloud Creamery Launches Cannabis-infused Ice Cream
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...
Massachusetts Cannabis Control Commission Launches Marijuana Delivery License Application
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...
Bill Aims to Make Legal Cannabis Lounges in Massachusetts Legal
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 ...
Massachusetts Medical Cannabis Patient List Tops 100,000
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...
Massachusetts Cannabis Control Commission Caps Number of Marijuana Delivery Licenses
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 ...
Massachusetts Marijuana Company is Suing the State Over This
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...

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