Olde World Remedies license deactivated in Massachusetts
Massachusetts license roster shows Olde World Remedies no longer active, part of six closures recorded on Sept. 15.
FILE — closure · Ivan Radic / CC BY 2.0Olde World Remedies, Inc.'s license is no longer active in Massachusetts, according to the state license roster. The deactivation occurred alongside five other license closures—including Solar Therapeutics Inc., berkley botanicals, llc, Thrive Cultivation & Dispensary, LLC, and Ideal Craft Cannabis, Inc.—all recorded on September 15.
The closures come as Massachusetts maintains 546 active retail licenses, 160 cultivation operations, and 149 manufacturing facilities. Simultaneously, the state approved four new licenses on the same date: M1 Enterprises, LLC (cultivation), Route 133 Cannabis, LLC and Zenith United LLC (retail), and Aunty Budz LLC (microbusiness). This turnover suggests ongoing market churn beneath Massachusetts' cumulative $10 billion in cannabis sales.
Watch whether the pace of deactivations accelerates or stabilizes in coming roster updates, as churn metrics can signal operational stress across the market segment.