Here’s how Ganjapreneur introduce their piece. Looking at what’s been agreed it seems to CLR that 2 precedents are being set here
- Corporate responsibility to the host village, town city
- The other side of the coin is, if we look at the numbers, it suggests to us that local mom & pop type dispensaries will never get the opportunity to get a toehold in a market that requests that this % of turnover goes back to the community
North Attleboro, Massachusetts and Green Leaf Health Inc. have reached a “host community agreement” that will see it pay 3 percent of its gross annual sales to the town and donate between $25,000 and $50,000 a year to local charities, the Sun Chronicle reports. The agreement, which also requires full-time employees to perform 150 hours of community service annually, is required under the state’s recreational cannabis law for businesses to open adult-use dispensaries in municipalities.
The five-year agreement requires the company to pay all of its own construction, water and sewer fees and will be renegotiated when there are six months left in the deal. Green Leaf is the first company to strike a deal to sell adult-use cannabis in North Attleboro but the deal with the community does not allow it to cultivate crops at the site.