Massachusetts Medical Cannabis Business & Marijuana Legal News

Marijuana investment firm 4Front Holdings raises $6M for out-of-state growth

Cannabis investment and management firm 4Front Holdings has raised $6 million toward its multiple-state expansion. The funds were raised through the issuance of convertible notes. According to a news release, 4Front manages operating licenses in emerging, state-legal medical cannabis markets. Here’s what you need to know: The company – which has offices in Phoenix and Boston […]

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Toronto firm buys operator of US medical marijuana ‘evaluation centers’

A Toronto company billing itself as the “WebMD of medical cannabis” has acquired Massachusetts-based Canna Care Docs, which certifies MMJ patients in 21 “evaluation centers” across nine states. Sail Cannabis funded the Canna Care acquisition with proceeds from a brokered private placement led by Canaccord Genuity worth about 4 million Canadian dollars ($3.2 million), Sail […]

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US attorneys in two East Coast states differ on Sessions’ anti-marijuana stance

The top federal prosecutor in Massachusetts refuses to rule out a crackdown on legal marijuana businesses in the state after U.S. Attorney General Jeff Sessions rescinded the Cole Memo last week. According to The Boston Globe, the U.S. attorney for Massachusetts, Andrew E. Lelling, said he cannot “provide assurances that certain categories of participants in the state-level marijuana […]

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Rhode Island considering medical marijuana deliveries

Fearful of how recreational legalization in neighboring Massachusetts could affect their businesses, Rhode Island’s three medical marijuana dispensaries are pushing state regulators to allow them to start delivering to their patients. Rhode Island regulators – apparently in favor of MMJ deliveries – are preparing to review the dispensaries’ proposals, according to the Providence Journal. Both […]

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Industry insiders, state officials in recreational cannabis markets vow to stay the course

Prominent figures from the nine recreational marijuana markets in the United States reacted defiantly to the announcement that Attorney General Jeff Sessions is throwing out Obama-era protections for the legalized cannabis industry. From Alaska to Maine, industry insiders in states with legal adult-use programs and politicians from both sides of the aisle spoke out against the action. But […]

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Massachusetts to continue rolling out rec cannabis legalization, officials say

Massachusetts cannabis regulators said Thursday they will proceed with plans to legalize recreational marijuana, downplaying Attorney General Jeff Sessions’ reported decision to rescind an Obama-era policy that paved the way for legalized cannabis to flourish. The state’s five-member Cannabis Control Commission said in a statement its job “remains the same,” the Boston Herald reported. “As […]

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Massachusetts marijuana regulators sign off on industry draft rules

Massachusetts is a step closer to a legalized recreational marijuana industry. The Cannabis Control Commission has approved a wide-ranging set of draft regulations, though the regulations are not final. The rules will be subject to public hearings over the next few months, and some revisions are possible before the business licensing process begins. Facing a July […]

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Massachusetts advances recreational cannabis diversity plan

Massachusetts regulators have approved a draft proposal that would give priority review in the recreational marijuana licensing process to business applicants from economically disadvantaged communities. The state’s Cannabis Control Commission will vote next week to finalize those and a slew of other regulations the group has been working on in recent weeks. Adult-use license applicants […]

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Massachusetts aims to release recreational cannabis draft rules in December

A Massachusetts commission is planning to make significant headway next month in crafting regulations for the state’s upcoming recreational marijuana industry, with draft rules expected before the end of the year. The Cannabis Control Commission will hold public meetings on the draft regulations the week of Dec. 11, State House News Service reported, along with […]

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Rhode Island dispensary owner fears Massachusetts’ recreational cannabis

At least one of Rhode Island’s three medical cannabis dispensary chiefs is afraid the launch of the Massachusetts recreational market will be the death of his business. Seth Bock – the CEO of Greenleaf Compassionate Care Center in Portsmouth – told a Rhode Island legislative committee that unless officials make changes to the MMJ program, […]

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New US recreational marijuana markets – one year later

The recreational marijuana industry had a big year in 2016, when voters in four states – California, Maine, Massachusetts and Nevada – approved sales of adult-use cannabis.

But one year later, what the voters approved and the reality of what’s happening look vastly different.

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