Once upon a time, Worcester had been forecast to be the cannabis capital of Massachusetts, as its variety of licenses grew. The state’s business regulators even moved their headquarters from Boston to the state’s second largest city.

But now, a special city an hour’s drive west of Worcester — and 90 minutes from Boston — is the new chief in phrases of the variety of accomplished license functions, in keeping with a Boston Business Journal evaluation of submitted leisure marijuana licenses by July 9.

The city of Holyoke has reported 40 accomplished functions that had been submitted to the state. That’s 5% of the 841 complete licenses obtained so far.

Those licenses embrace 4 licensees which have opened — a producing and cultivation license underneath Rise Holdings, and two dispensaries owned by Canna Provisions and Boston Bud Factories. Another 21 licenses have obtained provisional approval, and 15 have self-attested to submitting a accomplished software to the state.

By comparability, Worcester counted 28 licenses: 5 open, 19 provisionally authorised, and 4 submitted functions. Pittsfield reported 26 licenses, whereas Fitchburg counted 24, rating third and fourth.

All informed, Holyoke would have one dispensary for each 1,000 residents if all functions are authorised. That’s a better focus than Worcester, which might have one per each 6,600 residents, in addition to each Pittsfield and Fitchburg. [Read More @ Bizjournals.com]

Source link