National marijuana operator Acreage Holdings has agreed to pay Massachusetts $250,000 to resolve prices that it tried to management extra dispensaries than allowed by legislation.
The state Cannabis Control Commission at its month-to-month assembly on Thursday voted unanimously to approve the settlement, which was reached after Acreage pressed forward with questionable contracts that have been the topic of a 2019 Spotlight Team report.
Commission investigators in January warned Acreage that its administration companies contracts with two seemingly impartial marijuana operators — Patient Centric of Martha’s Vineyard, which is looking for leisure pot licenses in West Tisbury and Framingham, and Health Circle, which is working to open marijuana shops in Rockland and Marshfield — gave Acreage a lot leverage over the smaller companies it technically managed them.
With Acreage already pursuing a number of dispensary licenses by means of its straight owned Botanist subsidiary, regulators stated, the administration offers threatened to put the conglomerate accountable for 5 or extra marijuana retailers — nicely over the authorized most of three.
But the corporate requested the fee to course of its license functions anyway, whereas promising to reform any problematic clauses. That try didn’t work: The fee in February refused to approve the applications, tabling them pending a staff recommendation on disciplinary action. [Read More @ The Boston Globe]