MA Town Nixes Dispensary, Foregoing Big Revenue Stream

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A Massachusetts town has rejected a deal with a medical cannabis dispensary, in essence turning down hundreds of thousands of dollars in future revenue under the proposed terms.

The move by the city council leaves the town of Springfield without a dispensary, MassLive.com reported, and arguably leaves intact a “pay to play” culture in Massachusetts’ medical marijuana industry.

Hampden Care Facility Inc. had agreed to pay $50,000 a year to the town’s police department, plus a percentage of its gross revenue. But the city council didn’t like that the dispensary wanted five years of exclusivity in

MA Town Nixes Dispensary, Foregoing Big Revenue Stream is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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