A Slow Burn For Both Marijuana Stores And Education Funding In Massachusetts
Many adults in Massachusetts supported the legalization of recreational marijuana. And it seems delayed.
The Cannabis Control Commission is carrying out its due diligence. But how long will it be before this “hold on sales” affects the state’s tax revenues and bottom line?
Matt Murphy, State House News Service: That’s a great question, and I don’t think anybody really knows the answer.
The Cannabis Control Commission is obviously working under the soft deadline of July 1 that the legislature set last year to license retail sale of marijuana shops. It is apparently safe to say that there will be no new marijuana retail shops opening on street corners by July 1.
Later this week, if some of these licenses start to get issued to medical marijuana dispensaries who are open and functioning, and selling to medical patients — they just need to make the switch to sell recreational marijuana as well. Those sales could begin “on time.”
But this deadline, as the commissioner has said, is arbitrary. The legislature did pick this as their target date, and has been the target date of the Cannabis Control Commission, who has been working towards it. But it appears that some of these retail locations may be a little slower to open.
That could have tax ramifications, if this really extends through the summer and into the fall, but we don’t know yet.
A month has passed since the Senate passed an education bill. It makes big changes to the way the funding formula calculates the cost of public education. We have yet to see any movement on it in the House, right?
That’s right. I mean the Senate, this session, after last session, tackling a major education bill that called for pouring more than $200 million a year extra into education, took