Dedham Savings Launches Cannabis Banking
Dedham Savings has launched a cannabis banking business, offering deposit accounts to licensed cannabis-related businesses in Massachusetts.
Top Cannabis Regulator Troubled By ‘Predatory Financing Deals’
The chairman of the Cannabis Control Commission raised concerns Thursday with what he said are “predatory financing deals” being offered by private lenders to minority marijuana entrepreneurs, and urged state legislators to address the issue by setting up a public lender.
Needham Bank Plans to Grow Cannabis Banking
Rather than keep the marijuana banking business it acquired bybuying Century Bank, Boston-based Eastern Bank has decided to transfer the business unit – but not to one of the banks already operating in the space.
Marijuana Real Estate Firm Inks Investment Deal for Holliston Property
The New York Stock Exchange’s only publicly-traded cannabis real estate company has agreed to invest an additional $8 million into a Holliston marijuana production facility in a deal with operator PharmaCann LLC
Marijuana Cultivator Buys Holyoke Mill Building for $3.2M
A 150-year-old brick mill in Holyoke could soon become a hub for Massachusetts’ burgeoning marijuana industry following a $3.2 million sale.
Freetown Cannabis Center Begins $6M First Phase
AmeriCann is beginning construction on its Massachusetts Medical Cannabis Center in Freetown, which will manufacture and process marijuana products for the expanding Bay State medical and recreational market.
Ipswich Company Buys Newburyport Property for Cannabis Cultivation
A vacant industrial building in Newburyport has been acquired by an Ipswich company and is in permitting to open a cannabis cultivation facility.
Cannabis Cultivator Picks Campanelli Construction To Build Freetown Facility
Denver-based AmeriCann Inc. has selected Braintree-based Campanelli Construction as general contractor for its 1 million-square-foot Massachusetts Medical Cannabis Center in Freetown.
Medical Marijuana Growing Facility And Dispensary Breaks Ground
Construction of a 12,000-square-foot medical marijuana cultivation and dispensing facility has begun at 1050 Elm St. in Bridgewater.
