You are here
Home 🌿 Marijuana Business News 🌿 Lots of interest shown for new batch of marijuana licenses 🌿Lots of interest shown for new batch of marijuana licenses
Massachusetts’s first medical marijuana dispensary opened last week in Salem.
More than 50 applications from companies eager to open medical marijuana dispensaries flooded the offices of state regulators this week, two years after Massachusetts launched its ill-fated licensing process.
The submission of so many applications indicated robust interest in the state’s emerging medical marijuana industry. The state had previously licensed 15 dispensaries, with the first opening last week in Salem.
For marijuana executives who lost hundreds of thousands of dollars vying for licenses during former governor Deval Patrick’s administration, the opportunity to apply again couldn’t come soon enough.
Concerns about political favoritism, conflicts of interest, companies with questionable financial structures, and executives with questionable pasts mired the process last time around. As a result, more than two dozen lawsuits were filed, and patients were left without any dispensaries until last week.
Regulators from the administration of Governor Charlie Baker...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.