A Massachusetts cannabis company filed a suit against the state, alleging that unnecessary state regulatory delays on one of its business licenses have cost it $1.2 million. The suit alleges that Northeast Alternatives’ application was finalized Feb. 20, when the town of Lakeville notified the commission that the company had completed all local requirements. The commission then, under state law, had 90 days to act on the application. While waiting for the commission’s response, the lawsuit alleges, the company has continued to pay $200,000 a month in rent. The lawsuit argues that the eight-month wait cost the company an extra $1.2 million while the commission has yet to make a decision about the license application.
Marijuana Business Daily, 09/21/2020 10:26:07