‘Local Cannabis Companies Face Extinction;’ Recreational Marijuana Businesses Plead With Mass. Lawmakers for State Loan Program Amid Pandemic
It took almost two years for Massachusetts marijuana company T. Bear, Inc., to receive approval to commence operations, which finally came down on March 20, recounted owner and CEO Angela Brown.
That approval authorized the East Wareham company to start operations on March 24, which happened to end up being the day an order from the governor shut down businesses deemed non-essential, including marijuana companies.
“Just one day before we were able to make our first sale, we were shut down,” said Brown on Tuesday, testifying before state lawmakers in support of a bill that would offer a Massachusetts version of the federal Paycheck Protection Program, or PPP, amid the COVID-19 pandemic.
– Read the entire article at Mass Live.