State Missing Out on $16M Due to Slow Marijuana Rollout

Saying Massachusetts has already missed out on $16 million in marijuana taxes, officials behind the 2016 legal marijuana ballot question on Monday pointed to staffing levels and bureaucracy at the Cannabis Control Commission as potential reasons for the slow rollout of retail marijuana outlets in Massachusetts.

banking and marijuana

State-Run Pot Bank Not Realistic

With recreational pot sales slated to begin statewide in July and financial institutions largely staying away from the industry, the state’s top cannabis official Steve Hoffman has proposed setting up a state-run pot bank.