Acreage Holdings, a prominent multi-state cannabis operator, has been instrumental in shaping the adult-use cannabis landscape in Massachusetts. Through its retail brand, The Botanist, Acreage has established a significant presence in the state, offering both medical and recreational cannabis products: GlobeNewswire
Entry into the Massachusetts Market
Acreage Holdings entered the Massachusetts cannabis market by opening The Botanist dispensaries, which cater to both medical patients and adult-use consumers. The company’s strategic expansion aligned with Massachusetts’ legalization of recreational cannabis sales, which began in July 2018 .
Timeline of Key Developments
- November 10, 2020: Acreage commenced adult-use sales at The Botanist locations in Worcester and Shrewsbury, marking a significant milestone in its Massachusetts operations : Cannabis Business Times
- December 2021: The company announced plans to open a third dispensary in Massachusetts, further solidifying its footprint in the state: New Cannabis Ventures
Dispensary Locations
Acreage Holdings operates the following The Botanist dispensaries in Massachusetts: New Cannabis Ventures
- Worcester: 65 Pullman Street The Botanist
- Shrewsbury: 235 Hartford Turnpike The Botanist
These locations offer a range of cannabis products, including flower, concentrates, edibles, and tinctures, catering to both medical patients and adult-use consumers . The Botanist
Cultivation and Processing Facilities
In addition to its retail operations, Acreage Holdings has invested in cultivation and processing facilities to support its Massachusetts dispensaries. The company operates a 36,000-square-foot cultivation facility in Sterling, Massachusetts, which includes an extraction laboratory and trimming and packing rooms : Cannabis Business Times, R.H. White Companies, Inc.
Regulatory Compliance and Challenges
Acreage Holdings has navigated the complex regulatory environment of Massachusetts’ cannabis industry. In 2020, the company agreed to pay a $250,000 fine to the Massachusetts Cannabis Control Commission to resolve charges related to exceeding the state’s dispensary ownership limits . This incident underscores the importance of compliance in the evolving cannabis sector: Massachusetts Cannabis Control
Looking Ahead
Acreage Holdings continues to expand its presence in Massachusetts, focusing on providing high-quality cannabis products and experiences through The Botanist brand. The company’s commitment to compliance, innovation, and customer service positions it as a key player in the state’s cannabis industry: Acreage Holdings
