After a ballot initiative to legalize medical marijuana was approved by Massachusetts voters in the 2012 election, finding a bank that was willing to provide services to a cannabis business was a bit like trying to buy marijuana before it was legal.
The Massachusetts Cannabis Control Commission moved to re-appoint Ava Callender Concepcion as the agency’s active chair after a lengthy hour-and-a-half debate Thursday morning that initially sought to replace Concepcion as acting chair amid the uncertainty following the removal of Shannon O’Brien as leader of the CCC board.
New cannabis industry rules that seek to increase equity in the cannabis industry and add oversight to host community agreements have gone into effect.
Eric Casey, a Worcester-based reporter who most recently founded the publication Burn After Reading to cover the cannabis industry, has been hired as the newest staff writer at Worcester Business Journal.
A coalition of cannabis businesses operating in Massachusetts have filed a lawsuit in federal court, hoping to convince the courts the Controlled Substances Act is unconstitutional when it is applied to state-legal cannabis businesses.