‘There’s no financing’: Cannabis equity applicants look forward to home delivery, but struggle with startup costs
Updated Mar 03, 2021;
Posted Feb 17, 2021
Major Bloom, a cannabis retailer and economic empowerment business looking to open in Worcester, has its provisional license as a temporary window covering.
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This year is poised to have a milestone moment for the Massachusetts cannabis industry with the anticipated launch of home delivery. But members of the state’s equity programs still struggle with finding the financing to get their businesses off the ground.
To start 2021, the state Cannabis Control Commission promulgated new regulations including a delivery operator license that will allow for the wholesale purchase of cannabis items to be warehoused and then sold and delivered.