Home Farm Equipment The $8 Billion Question: Which Towns Will Cash In on Marijuana?

The $8 Billion Question: Which Towns Will Cash In on Marijuana?

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On the West Coast, California and the neighboring states of Washington, Oregon, Nevada and Arizona, the place marijuana can also be authorized, are more likely to stay the nation’s dominant market.

In Massachusetts, town of Easthampton, which opened its first dispensary in December 2018, and is near at the least 5 faculties, expects to be residence to 5 dispensaries by the top of the 12 months, the mayor, Nicole LaChapelle, stated.

The additional income has been tremendously useful, she stated, particularly in the course of the pandemic.

A small 1,000-square-foot dispensary generated $84,000 in income for town of roughly 16,000 in April, Might and June alone, she stated.

The rollout has not been with out hiccups. However the issues town has confronted, Ms. LaChapelle stated, weren’t the identical ones it anticipated.

“There was not an uptick in crime,” she stated, nor elevated ambulance calls. “We did not need more patrols.”

As a substitute, town has been compelled to restore and repave roads broken by a heavy move of shoppers.

“The people just come from everywhere,” Ms. LaChapelle stated, including that pedestrian crosswalks additionally needed to be redesigned to make them safer.

Rob Mejia, a professor who teaches within the hashish research division at Stockton College close to Atlantic Metropolis, N.J., stated he anticipated the municipal jitters to fade over time, as has occurred elsewhere.

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