Tag: Massachusetts weed

Massachusetts to Garner Up to $172 Million in Annual Taxes From Marijuana Sales By 2020

Massachusetts is set to receive a large influx of annual tax money from marijuana sales once the industry gets underway, according to the Department of Revenue. According to the department, the state will receive up to $172 million in annual tax revenue from legal marijuana sales by 2020. Voters legalized cannabis last year, but cannabis …

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Massachusetts Governor Signs Bill Delaying Opening of Cannabis Retail Outlets

Massachusetts Governor Charlie Baker (R) has signed into law a bill that delays the opening of cannabis retail outlets. On November 8th Massachusetts voters gave approval to Question 4 to legalize cannabis. The initiative allows those 21 and older to possess up to an ounce of cannabis (10 ounces at a private residence) and cultivate …

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With No Public Input Massachusetts Lawmakers Delay Opening of Cannabis Outlets

By David Ingram, Reuters Massachusetts lawmakers on Wednesday pushed through a surprise six-month delay in the retail sale of marijuana for recreational use, saying they needed more time to tinker with a legalization measure that voters approved last month. Meeting during a holiday-shortened week, the state’s House and Senate voted to push back the licensing …

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