Three members of the Massachusetts Cannabis Equity Council are calling for the state to keep current limits on cannabis business licenses held by individuals. They argue that these limits are crucial for ensuring that small businesses can thrive in a market increasingly dominated by larger companies.
The council members highlight that allowing individuals to hold multiple licenses could lead to monopolization, harming small operators who struggle to compete. They stress that maintaining the current restrictions is essential for a more equitable cannabis industry, which can provide opportunities for those historically marginalized in the market.
The council members believe that large corporations could overshadow small businesses if regulations are loosened. They emphasize that protecting small operators will lead to a diverse marketplace where all players can succeed, rather than a few large businesses controlling the entire market.
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