Cannabis Status: Open
The state of Massachusetts legalized cannabis in 2017, and licenses were issued in March 2018. Land wise, it is a smaller state; however, with big cities such as Boston and Worcester, there are several opportunities in this market. Our team has done research on the Massachusetts’s demographics, market analysis, taxation, cannabis regulation and more to assist clients in searching for the best property in the state.
Update Nov 23, 2024: For the first time, microbusinesses are permitted to apply for additional license types beyond their initial scope. This expansion allows microbusiness license holders to acquire up to three Cultivation licenses and three Product Manufacturer licenses, inclusive of their original Microbusiness license. This change notably enables them to exceed their previous cultivation limits of a 5,000 square-foot canopy and a 2,000-pound limit for marijuana product manufacturing operations. Furthermore, microbusinesses are now eligible to hold other types of licenses, such as Retail and Transport licenses.
If you are a cannabis operator in Massachusetts looking to navigate these new regulations and maximize your business opportunities, WeCann can help. Our expert team is equipped to guide you through the complexities of the regulatory environment, ensuring that you can leverage these reforms to your advantage.
Name: Massachusetts
Population: 6,980,000
Median Income: $77,385
Cannabis Uses:Â Cultivation (Indoor and Outdoor), Marijuana Cooperative, Manufacturing, Microbusiness, Testing, Retail, Consumption, Retail, Transportation, Research
State Cannabis Overview:Â Massachusetts, although a smaller state with a smaller population; the median income and education make up for the population. The state is known as a more progressive state that was one of the earlier states to legalize not only cannabis but also same-sex marriage along with other legislative proceedings that other states have followed.Â
