Northeaster University study published by the Massachusetts Cannabis Business Association – Massachusetts municipalities have collected more than $53 million in cannabis “impact” fees

Northeaster University study published by the Massachusetts Cannabis Business Association – Massachusetts municipalities have collected more than million in cannabis “impact” fees
CANNANNEW REPORT

Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. The survey of 88 communities comes as lawmakers are considering a bill that would essentially force towns and cities to justify any fees on cannabis businesses that exceed those levied on other businesses.   State Senator Sonia Chang-Díaz (D), a sponsor of the legislation, told the Globe that the report further shows how arbitrary and unequal the process has become.”  Read More at  Massachusetts Municipalities Have Collected More Than $53M in ‘Impact’ Fees from Cannabis Firms   The Franklin Observer writes A new analysis of ‘community impact fees’ collected by Massachusetts municipal governments from local cannabis business operators reveals that while the state’s municipalities have collected more than $50 million in fees since the legalization of adult-use cannabis retail sales, the fees are plagued by a lack of transparent accounting and little oversight. Indeed, the author even found significant discrepancies in reporting by the Town of Franklin. The report, which was written by Dr. Jeffrey Moyer of the School of Public Policy and Urban Affairs at Northeastern University in May 2022, reviewed a sampling of 54 cities and towns that each reported the amount of money they have collected in community impact fees, and how the money has been spent or is planned to be spent. The reports were obtained through public records request to 88 municipalities across the Commonwealth and ranged from small towns such as Georgetown and Barre to large communities including Fall River and Brookline. However, several of the Commonwealth’s largest cities, including Boston, Lowell, and Springfield, did not respond to the public records request.  “Our review of just a sampling…

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Source : Northeaster University study published by the Massachusetts Cannabis Business Association – Massachusetts municipalities have collected more than million in cannabis “impact” fees

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