Medical Marijuana Taxes In Massachusetts On The Rise For Potential Dispensaries

July 25, 2016
AggregatedNews
Massachusetts
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Massachusetts cities and towns are exacting increasingly hefty payments from medical marijuana dispensaries in exchange for letters the companies need to win state licenses, a Globe review of recent compacts shows.

In Worcester, a dispensary promised to pay the city $450,000 over three years — and $200,000 a year after that — if officials gave their blessing to the business.

In Springfield, the city is negotiating a deal that would ultimately take 7 percent of a dispensary’s revenue, plus a $50,000 annual donation to the Police Department — a pact that could amount to hundreds of thousands of dollars.

And in Salem, where the first dispensary opened a year ago, the medical marijuana shop contributed $82,856, a paltry amount compared with more recent deals. [Read more at Boston Globe]

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