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Massachusetts’ state agency in charge of the rollout of recreational cannabis is expecting a very slow start come legalization. By the time cannabis is legal, less than a dozen retail pot shops will be open for the state of 6.7 million. 

Among the issues holding back the store fronts include: local restrictions on marijuana businesses; the reluctance of banks, landlords, and traditional lenders to work with them; and the stigma around the product. 

Voters elected to allow recreational marijuana in mid 2017 and expected sales to begin in January of 2018.

Source: https://www.bostonglobe.com/metro/2018/05/16/marijuana-industry-expects-slow-debut-amid-local-restrictions-banking-challenges/FmyzyCUrDghSB2xsBK05uL/story.html


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