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The Massachusetts House passed an overhaul marijuana oversight bill on June 4, part of which would raise the retail license limit for each business from three to six over a three-year period. The three-license limit was established to prevent large companies from taking over the legal cannabis industry and push out smaller firms. However, the new six-license-limit proposal is seen as a way for firms to achieve economies of scale and survive in the ultra-competitive industry.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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The Massachusetts House passed an overhaul marijuana oversight bill on June 4, part of which would raise the retail license limit for each business from three to six over a three-year period. The three-license limit was established to prevent large companies from taking over the legal cannabis industry and push out smaller firms. However, the new six-license-limit proposal is seen as a way for firms to achieve economies of scale and survive in the ultra-competitive industry.