Massachusetts dispensary willing to pay $450,000 for business license

Written by Kay Lazar for Boston Globe.

snoopMassachusetts cities and towns are exacting increasingly hefty payments from medical marijuana dispensaries in exchange for letters the companies need to win state licenses, a Globe review of recent compacts shows.

In Worcester, a dispensary promised to pay the city $450,000 over three years — and $200,000 a year after that — if officials gave their blessing to the business.

In Springfield, the city is negotiating a deal that would ultimately take 7 percent of a dispensary’s revenue, plus a $50,000 annual donation to the Police Department — a pact that could amount to hundreds of thousands of dollars.

And in Salem, where the first dispensary opened a year ago, the medical marijuana shop contributed $82,856, a paltry amount compared with more recent deals.

Read full article Here.

About Brent

Hello, My name is Brent and I am a MMPR patient. I write articles for Dankr.ca and help build connections with the Toronto cannabis community. I am also the Content Manager, so message me if you would like to work with Dankr.ca.

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