“A recreational dispensary for Brockton is clearly the goal,” said David Noble, President, In Good Health. “There are many steps to get there and In Good Health continues to work closely with state and city officials to make this happen.”
According to the Cannabis Control Commission, any medical marijuana dispensary that opens an additional recreational marijuana division must reserve at least 35 percent of its supply for medical patients.
“In Good Health plans to continue to serve all of our existing patients as well as operate a recreational dispensary,” said Noble, reacting to the news of the priority applicant certification, “and we are pleased with the designation from the state and the support of the city.”
The Cannabis Control Commission previously designated July 1 as the first day that recreational marijuana sales could begin.
The city of Brockton would have to reach a new host community agreement with In Good Health that could provide the city with a maximum host community fee of 3 percent on gross sales, which would come in addition to a 3 percent tax on any retail recreational marijuana sales conducted there, according to Mayor Bill Carpenter. During the last three years, the city has received 2.5 percent from In Good Health sales, in addition to 1 percent that has been directed to nonprofits helping people suffering from the opioid crisis, Carpenter told The Enterprise recently.
Carpenter said that, based on the more than $10 million in annual revenue generated previously by In Good Health, he estimates that its retail recreational marijuana operations could be estimated “in the neighborhood of $25 million.”