Massachusetts Pot Regulator Wants to Cut License Wait Time in Half

Massachusetts' marijuana industry regulator would like to make its licensing process quicker, with its head officially stating this goal on Monday. In a budget hearing with the state legislature's Joint Ways and Means Committee, Steven Hoffman, chairman of the Cannabis Control Commission, said he wants to reduce the waiting time for awarding a license by 50%.

At present, the average waiting period is 121 days for the initial review phase of licensing applications. According to the commission, if its budget were increased it could hire enough additional staff to reduce that time sufficiently to meet the stated goal in fiscal 2021.

Image source: Getty Images.

Source Fool.com