Despite falling prices and increasing competition, marijuana business officials across the state, and particularly in Central Massachusetts, still see the cannabis market as primed for opportunity, with operators having to be smarter about the way they operate their marijuana businesses.
Sandwich shop Ziggy Bombs, which opened its first permanent location in December on Franklin Street in Worcester, plans to open a second store in Leicester.
The North Central Massachusetts Development Corp. in Fitchburg loaned $100,000 loan to MK Dance Center in Leominster. The owners will use the funds to renovate and build out their new space at Gateway Business Center at 435 Lancaster St.
The North Central Massachusetts Development Corp. in Fitchburg approved a $206,000 loan to help Salt and Life Café purchase its location at 159 Main St. in Groton.
Beer has become big business. In Massachusetts, the industry supports more than 14,000 employees and, according to the Brewers Association, had an economic impact of more than $1.6 billion in 2021.
The Main South Community Development Corporation in Worcester has received a $350,000 Community Empowerment and Reinvestment Grant from the Massachusetts Executive Office of Housing and Economic Development for the Main South Empowerment Project.
Bri’s Sweet Treats, a Leicester-based chocolatier owned by Briana Azier, will open a location in the Worcester Public Market, expecting to begin serving her products in mid-January.