Marijuana excise taxes outpace alcohol in Massachusetts
Marijuana Industry NewsMassachusetts January 24, 2022 0
BOSTON (AP) — Excise taxes for marijuana sold for adult recreational use exceeded alcohol excise taxes for the first time in Massachusetts, reflecting growing marijuana sales that reached $2.54 billion, according to the Cannabis Control Commission. Massachusetts collected $74.2 million in marijuana excise tax through December 2021 — halfway... Read more
Omicron strains marijuana industry supply chain in Massachusetts
Marijuana Industry NewsMassachusettsRecreational Marijuana January 18, 2022 0
Licensed marijuana firms cannot legally move pot products across state lines. But that doesn’t mean they’ve been spared the supply chain disruptions wreaking havoc on the rest of the business world. As the Omicron variant surges, Massachusetts cannabis companies are facing significant shortages of foreign-made packaging and construction materials that... Read more
‘An utter failure’: Law meant to clear old convictions, including for marijuana possession, helps few in Massachussetts
Marijuana Industry NewsMassachusetts November 30, 2021 0
When state legislators passed a criminal justice reform bill in 2018, Massachusetts residents won the ability to clear away certain criminal records — including convictions for marijuana possession and other now-legal activities — that can make it difficult to land a job, rent an apartment, and otherwise move on... Read more
Massachusetts pot shops are a billion-dollar market, but cannabis industry still faces hurdles
Marijuana IndustryMarijuana Industry NewsMassachusettsRecreational Marijuana November 2, 2021 0
While recreational marijuana sales have soared in 2021 as Massachusetts emerges from the pandemic, business complications and governmental actions have slowed the pace of the industry’s growth, cannabis advocates say. Massachusetts legalized marijuana in 2016, becoming the seventh state to do so, but only licensed sales in 2018. “Right out... Read more
