By Todd Wallack and Dan Adams Globe Staff March 28, 2019
State regulators said Wednesday they are investigating whether large marijuana companies are flouting state rules on the number of licenses that can be controlled or owned by a single entity, potentially making it harder for smaller, independent entrepreneurs to compete.The revelation by the Cannabis Control Commission comes a week after the Globe Spotlight Team reported that two major companies, Sea Hunter Therapeutics and Acreage Holdings, have publicly bragged to investors about amassing large numbers of licenses in Massachusetts — despite rules barring any one entity from owning or controlling more than three licenses to operate medical marijuana stores or three licenses for recreational stores.
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