A Conversation with Canna Provisions’ Meg Sanders March 12, 2024 Tom Hymes Company Stories, Massachusetts, News & Insights, Spotlight 0 Comments Meg Sanders is co-founder and CEO of Massachusetts-based Canna Provisions, which currently boasts two popular retail outlets, one in the Berkshire/Western Mass. town of Lee, the other in the small nearby city of Holyoke. The company also produces products under… Read More→
Massachusetts governor to issue pardons for those convicted of cannabis possession March 11, 2024 AggregatedNews Massachusetts 0 Comments Massachusetts Gov. Maura Healey plans to announce this week that she’s following the lead of President Joe Biden and issuing pardons to those convicted of simple possession of cannabis at the state level, her office said Monday. The move could… Read More→
New regulations aim to level the marijuana playing field in Massachusetts August 9, 2023 AggregatedNews Massachusetts 0 Comments When marijuana was legalized in Massachusetts, Commonwealth leaders said it wasn't just big business that was going to profit, yet the promises that everyone would have an even chance at the now-billion-dollar industry have not materialized. With that in mind,… Read More→
Massachusetts Crisis Part 2: Does the CCC Have its Priorities Right? August 3, 2023 Tom Hymes Lab Testing, Massachusetts, News & Insights, Spotlight 0 Comments According to its chairperson, Massachusetts’ cannabis regulatory body is currently in crisis, but for some stakeholders in the state, it’s a long-simmering crisis endemic to a dysfunctional agency unable to deal with serious issues facing the Massachusetts cannabis market. One… Read More→
Trulieve to Close Last California Store; Exit Massachusetts by End of 2023 June 2, 2023 Tom Hymes News & Insights 0 Comments Trulieve announced today that it is cutting losses in two mature markets where it has a minimal footprint relative to other states. The multistate operator said it is closing its last retail location in California, in Grover Beach, and in… Read More→
Massachusetts Regulators Suspend Three Elev8 Licenses Following Threats of Violence, Owner Arrested April 3, 2023 Tom Hymes Compliance and Regulations, News & Insights 0 Comments The Massachusetts Cannabis Control Commission (CCC) last Friday issued a rare summary suspension order against Elev8 Cannabis, its majority owner, Seun Adedeji, and several registered agents of the business, after a video was posted to Instagram a day earlier in… Read More→
Jim Belushi Serenades NECANN Keynote Audience March 13, 2023 Tom Hymes Multiple State Operators, News & Insights, Spotlight 0 Comments Perhaps to calm his own nerves or those of the audience that came to hear his keynote address Saturday afternoon at NECANN in Boston, Jim Belushi of Belushi’s Farm and numerous other vocations pulled out a harmonica before he even… Read More→
A topless marijuana dispensary may be coming to Western Mass. February 28, 2023 AggregatedNews Retail 0 Comments "This is definitely a way to stand out." Two entrepreneurs in Whately are looking to strip down their existing business model and reimagine it to provide what would be a unique offering in the state’s competitive cannabis industry. The owners… Read More→
As recreational marijuana prices plummet in Massachusetts, medical sales slump November 13, 2022 AggregatedNews News & Insights 0 Comments Consumers rejoice, but data suggest state’s cannabis sector is stumbling amid increasing competition Six years after Massachusetts voters legalized marijuana, the state’s cannabis industry is bigger than ever, with cumulative recreational sales soaring toward $4 billion and more than 225… Read More→
Mass. Cannabis Regulator Confirms It Learned About Workplace-Related Death in January October 15, 2022 Tom Hymes Policy & Legal, Spotlight 0 Comments In response to an inquiry, the Massachusetts Cannabis Control Commission has confirmed that it first learned about the work-related death of Trulieve employee Lorna McMurrey "on or around January 10." McMurrey, who worked at Trulieve’s cultivation facility in Holyoke, died… Read More→
Sweeping cannabis bill becomes law, after yearslong effort on reforms August 11, 2022 AggregatedNews Massachusetts 0 Comments Vetoes study on medical marijuana in schools Governor Charlie Baker on Thursday signed into law a package of significant reforms to the state’s multibillion-dollar marijuana industry, capping a yearslong campaign by advocates, entrepreneurs, and regulators to rewrite the rules of… Read More→
Mass. House approves sweeping marijuana reforms on 153-2 vote May 19, 2022 AggregatedNews Massachusetts 0 Comments Bill would crack down on local fees, boost equity applicants, and pave way for pot cafés The Massachusetts House voted overwhelmingly on Wednesday to approve major reforms to the state’s marijuana laws, with legislative leaders saying they were implementing changes… Read More→
Consumers say Massachusetts weed stinks — and not in a good way April 7, 2022 AggregatedNews News & Insights 0 Comments Growers cite improvements but acknowledge state’s reputation for selling “schwag” In interviews and social media posts, many said the marijuana here — all of which must be grown within the state — has gradually improved since recreational sales began in… Read More→
When Cannabis Businesses face financial distress February 14, 2022 Jacques Santucci Banking, Finance & Real Estate 0 Comments After another rollercoaster of a year, I’m reflecting back on some of the insights my partners and I shared with the Cannabis Industry throughout the COVID-19 pandemic. One area that we’ve continued to monitor (and have recently become directly involved… Read More→
Marijuana excise taxes outpace alcohol in Massachusetts January 23, 2022 AggregatedNews Massachusetts, Taxes 0 Comments 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… Read More→