Medical Marijuana: 13 to Watch in Central Mass in 2013
Tuesday, January 01, 2013
According to SeeChange Consulting Inc., an independent financial analysis firm that specializes in new and unique markets, the medical marijuana industry generated $1.7 billion in 2011. That number is expected to climb to nearly $9 billion in the next four years. With some luck, 2013 could be a prosperous year for the Commonwealth.
"It's still going to be very competitive in Massachusetts," said DispensaryPermits.com partner Jig Patel, who has already received inquiries about obtaining a dispensary permit from interest parties in the Commonwealth and as far as Tennessee and Florida.
The DPH starts taking applications in spring of 2013.
While some are less optimistic about the chance that these dispensaries could open soon, some are positing that by 2016 legalization could be on the ballot.
Either way, this issue is sure to make headlines in the new year both locally and nationally as laws and regulations are hammered out for the future.