On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

420 with CNW – Massachusetts Cannabis Regulators Consider Restricting Delivery Licenses to Small Entities

State marijuana regulators in Massachusetts have for long been baffled by how to ensure that there is equity regarding access to the different opportunities available in the cannabis industry. Now that dilemma may be solved if the proposals floated to ring fence cannabis delivery licenses for “equity” applicants are implemented.

The Cannabis Advisory Board has suggested that as the state moves towards making it possible for cannabis to be delivered to people’s homes, all the home delivery licenses should be reserved for minorities that suffered disproportionately during the war on drugs that lasted for decades.

The board is also suggesting that “equity” applicants should also be given priority when home delivery licenses are being awarded by the state. Equity applicants include people who have a marijuana arrest or conviction on their criminal history.

So far, most of the opportunities, such as dispensary licenses, have been gobbled up by the large cannabis companies at the expense of disadvantaged communities and “equity” applicants. This is because the large companies have easy access to resources and can therefore effortlessly meet the requirements needed by various jurisdictions.

This is in stark contrast to the members of minority populations, such as African-Americans, who may find it hard to obtain financing to secure the premises needed to set up a cannabis grow or manufacturing facility.

The recommendations of the Cannabis Advisory Board aren’t binding, so the Cannabis Control Commission isn’t obliged to implement them. However, the Commission has promised to consider the suggestions made by the Cannabis Advisory Board as it drafts the rules that will be followed when licensing home delivery firms.

If the proposals sail through, then home delivery of cannabis will be done exclusively by small businesses and “equity” applicants at least for the first five years.

This special consideration will foster an air of inclusion for those groups and people who felt that big businesses were locking them out of the cannabis industry. The five years of preferential treatment will also allow minorities and people from impoverished communities to accumulate some capital in order to get a shot at participating in the industry at a higher level.

Chances are also high that the bigger cannabis companies that would like to see their products delivered to people’s homes will help people from the minority groups to secure funding for their small home delivery businesses in a sort of partnership that will benefit both parties. The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) and Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) hope that the Cannabis Control Board in Massachusetts adopts the suggestions made by the Cannabis Advisory Board so that more people can be included in the industry.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

Archives

Select A Month

Official NewsWire Relationships

Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo Cannabis World Congress & Business Exposition MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo USA CBD Expo

CannabisNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 303.498.7722