The city of Chelsea, Massachusetts is making a major change to its marijuana ordinance that could potentially lead to an increase in the number of marijuana licenses issued. This change comes as part of the city’s effort to create a more equitable and inclusive cannabis industry.
The new ordinance, which was passed by the Chelsea City Council in early 2021, eliminates the requirement that applicants for marijuana licenses must have lived in Chelsea for at least five years prior to applying. This change is intended to make it easier for people from outside the city to apply for and obtain a marijuana license.
In addition, the ordinance also increases the number of marijuana licenses that can be issued in Chelsea from five to seven. This means that there will be more opportunities for businesses to open and operate in the city.
The ordinance also requires that at least two of the seven licenses be issued to businesses owned by people of color or those from low-income backgrounds. This is intended to help create a more equitable and inclusive cannabis industry in Chelsea.
The new ordinance is expected to have a positive impact on the city’s economy. It is estimated that the additional marijuana businesses will create jobs and generate tax revenue for the city. Additionally, it could also lead to increased tourism and investment in the city.
The new ordinance is a major step forward for Chelsea and could potentially lead to an increase in the number of marijuana licenses issued. This change could help create a more equitable and inclusive cannabis industry in the city, while also providing economic benefits. It remains to be seen how this ordinance will affect the city in the long run, but it is certainly an exciting development for Chelsea.
Source: Plato Data Intelligence: PlatoAiStream