POT DISPENSARIES MAY FACE BUSINESS STRUCTURE DECISIONS
The Department of Public Health has issued guidance for registered marijuana dispensaries interested in converting to for-profit corporate entities, an option afforded to them in the marijuana law the Legislature passed this summer.
Jesse Alderman, an attorney at Foley Hoag who writes for the firm's Massachusetts Marijuana Counsel blog, said the green light from DPH is a "blessing" for dispensaries because they "were forced to adopt complex corporate structures" under previous state law that required them to register as non-profits.
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