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In 2016, 54% of Massachusetts voters cast their ballots in favor of legalizing adult-use cannabis in the commonwealth, a sharp rebuke of many state leaders, including Gov. Charlie Baker, Attorney General Maura Healey and Boston Mayor Marty Walsh, who co-authored an op-ed in The Boston Globe earlier that year, opposing the initiative. After the ballot measure passed, dozens of Central Massachusetts cities and towns placed bans and moratoriums on potential cannabis businesses.
Massachusetts adult-use cannabis stores officially opened two years later, in November 2018. Since that time, community fears about dispensaries and adult-use consumers wreaking havoc on town safety, traffic backups and other community concerns have largely gone unrealized. While the industry has rolled out slower than expected, cannabis firms have generated $1.22 billion in revenue for the Massachusetts economy since those first stores opened, with significant tax revenues going to the state and hosting municipalities. Regulators and businesses face other challenges, particularly in their efforts to recruit store owners from disadvantaged communities who were targeted to benefit the most, an effort that has fallen well short of its target.
If Charlie, Maura and Marty are against it, I am all for it.
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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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In 2016, 54% of Massachusetts voters cast their ballots in favor of legalizing adult-use cannabis in the commonwealth, a sharp rebuke of many state leaders, including Gov. Charlie Baker, Attorney General Maura Healey and Boston Mayor Marty Walsh, who co-authored an op-ed in The Boston Globe earlier that year, opposing the initiative. After the ballot measure passed, dozens of Central Massachusetts cities and towns placed bans and moratoriums on potential cannabis businesses.
Massachusetts adult-use cannabis stores officially opened two years later, in November 2018. Since that time, community fears about dispensaries and adult-use consumers wreaking havoc on town safety, traffic backups and other community concerns have largely gone unrealized. While the industry has rolled out slower than expected, cannabis firms have generated $1.22 billion in revenue for the Massachusetts economy since those first stores opened, with significant tax revenues going to the state and hosting municipalities. Regulators and businesses face other challenges, particularly in their efforts to recruit store owners from disadvantaged communities who were targeted to benefit the most, an effort that has fallen well short of its target.