To keep pace with the growing cannabis industry in Massachusetts, certain banks and credit unions in the state are now expanding the services that they offer to cannabis companies. According to The Boston Globe, a small group of financial institutions in Massachusetts have begun offering banking to recreational marijuana companies.
Read MoreAs the cannabis industry continues to expand in Massachusetts following the state’s legalization of recreational marijuana, Massachusetts Secretary of State William Galvin warned that cannabis companies will face increased scrutiny from the state’s securities regulators.
Read MoreAccording to this recent article in the Boston Globe, last week the Massachusetts Cannabis Control Commission voted 4-1 in favor of allowing delivery of marijuana products to residential properties across the state.
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