Massachusetts
General
Jun 2022
3 min

Massachusetts Dispensary Ownership Rules

Answer

  • May not have control in more than 3 licenses of any type
  • May be a business entity or individuals
  • 21+ years of age
  • Must disclose ownership information (% of equity held in the license)

Why is it important?

It's important to know the requirements for ownerships of a cannabis dispensary in Massachusetts so that you can put together a team of owners who qualify for licensing.  Having a team member who does not qualify for licensing could cause denial of licensure and delays in your license application.

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Regulatory Citations for This Article

935 CMR 500.000: ADULT USE OF MARIJUANA

Section 500.050: Marijuana Establishments

(1) General Requirements.

(a) A Marijuana Establishment is required to be registered to do business in the Commonwealth as a domestic business corporation or another domestic business entity in compliance with 935 CMR 500.000 and to maintain the corporation or entity in good standing with the Secretary of the Commonwealth, DOR, and DUA.

(b) Control Limitations.

1.     No Person or Entity Having Direct or Indirect Control shall be granted, or hold, more than three licenses in a particular class, except as otherwise specified in 935 CMR 500.000.