MA City Suspends Fee For Cannabis Retailers
“These funds have never been collected, this would have been the first time”
The city is offering a break to its cannabis businesses, and at least one has paid the kindness forward.
The city counts five cannabis retail or cultivation facilities either in development or operation. CNA Stores and Alternative Therapies Group Inc. both own retail shops and CNA Stores and Jamaco LLC have plans for cultivation facilities as well.
Alternative Therapies Group Inc. opened its retail location on Route 110 in January 2020, just weeks before the COVID-19 pandemic began, and CNA Stores opened its Route 110 retail location in January 2021.
Cannabis-related businesses in Massachusetts typically sign a host community agreement with municipalities. Host community agreements often include the company paying 2 to 3% of its annual gross sales revenue to the municipality as well as a 2 to 3% community impact fee to pay for potential negative effects to services brought on by the new businesses.
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