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New Frontier Data, in partnership with Arcview Market Research, has released the 2016 Massachusetts Legal Cannabis Market State Profile.
As one of the first New England states to legalize cannabis for adult use, Massachusetts represents a significant opportunity for business owners and entrepreneurs in the space. There are no limitations on product forms or statewide caps on retail dispensary licenses, which means the market could potentially become a billion dollar market by 2020. The full regulatory structure and key program details of the adult use market remain to be determined, and the market could take a few different directions depending on the actions of the Massachusetts Cannabis Control Commission and local municipalities across the state. Learn more about our market projections and other key trends that will be critical in shaping the growth of Massachusetts’ market. Below are just a few of the factors that are covered in the report:
- Existing State Medical Market
- Bordering Legal States
- Tourism
- Physician Participation
And much, much more…
* Published December 2016
