Monthly Archives: October 2018

Cannabis Control Commission: Fall 2018 Update

With July 1st now fully in the rear-view mirror, we thought it would be a good time to update you on the latest developments at the Cannabis Control Commission.  Earlier this month, the Commission approved two final retail licences for businesses in Northampton and Leicester.  These represent the very first final adult-use retail licenses awarded in the Commonwealth.  With this, Massachusetts residents should expect adult-use retail shops to open to the public within a matter of weeks. … More

Massachusetts Banks Open to Serving Recreational Cannabis Companies

GFA Federal Credit Union, a Massachusetts credit union with headquarters in Gardner, will become the first financial institution in the Commonwealth to serve the recreational cannabis industry by offering banking services to cannabis companies.  This represents a major step forward for companies in the Commonwealth’s burgeoning recreational cannabis industry, as previously most companies resorted to running cash-only operations without being able to offer customers the benefits of credit or debit purchases. … More