First Massachusetts Dispensary Opening Renews Hope for Entrepreneurs, Investors

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http://mjbizdaily.com/first-massachusetts-dispensary-opening-renews-hope-for-business-owners-investors/

The first dispensary in Massachusetts opens today, kicking off a medical marijuana industry that’s been nearly three years in the making and could eventually generate tens of millions of dollars in annual sales.

Alternative Therapies Group (ATG) in Salem received a three-month waiver from Gov. Baker’s office last week to forgo testing requirements.

The dispensary, which didn’t return e-mails seeking comment, announced on its website that it will begin serving registered patients today by appointment only after receiving approval on Tuesday to being operations. Unlike in other states, patients will not see marijuana on display in the converted factory, instead they will make choices by viewing products on a computer screen, Salem police chief Mary Butler told the Boston Globe. The city will receive 1.25% of ATG’s sales in its first two years and 2% each year after that, the newspaper reported.

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