More than a dozen cultivation, manufacturing, and dispensary owners, along with BECMA and EON, are raising concerns about repeated reports that owners of Ascend Wellness — a large, multistate operator founded and headquartered in Massachusetts — have violated the Commonwealth’s ownership limits.
Tag: Market Consolidation
There is an effort playing out TODAY in Massachusetts to weaken one of the strongest protections for cannabis equity businesses in the Commonwealth — potentially devaluing their licenses and starting a race to the bottom for the benefit of MSOs and a handful of operators.
The amendment could be debated today or tomorrow, so please use the instructions below to email your State Representative ASAP — then follow up with a call!
We sent the following letter to House leaders on behalf of our EON and our Massachusetts Cannabis Equity Council, an advisory committee of Economic Empowerment and Social Equity Program owners, stressing our objection to the license cap amendment and in support of several that would positively impact the entire industry.