Policy

Welcome to Ganjachusetts

Smell that? It’s the scent of money. Now that recreational pot has been legalized in Massachusetts, entrepreneurs are on the brink of a billion-dollar green rush—that is, if bureaucratic fumbling and political infighting don’t ruin the high.

Banks and Marijuana Business

While marijuana is legal in Massachusetts, it’s still illegal federally, so financial institutions potentially risk prosecution if they work with cannabis firms.

The Pros and Cons of Legalized Marijuana

When Massachusetts voters legalized marijuana, they transformed state law and launched a new industry. Here’s who stands to gain the most—and who may see their fortunes go up in smoke.