Cryptocurrency Q&A How many liquor stores can one person own in Massachusetts?

How many liquor stores can one person own in Massachusetts?

Stefano Stefano Sun Oct 13 2024 | 5 answers 1173
I'm wondering about the regulations in Massachusetts related to liquor store ownership. Specifically, I want to know how many liquor stores a single person is allowed to own in that state. How many liquor stores can one person own in Massachusetts?

5 answers

CharmedVoyager CharmedVoyager Tue Oct 15 2024
To foster growth and expand opportunities in the retail alcohol sector, the state has proposed a progressive increase in the number of alcohol licenses that a single retailer can hold. Starting in 2023, the total number of licenses will be raised from the current limit of nine.

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Martino Martino Mon Oct 14 2024
By 2027, the cap on licenses will be further lifted to fifteen, reflecting a recognition of the industry's potential and demand for expansion. This adjustment aims to accommodate the growth of businesses and cater to the evolving consumer preferences.

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SkyWalkerEcho SkyWalkerEcho Mon Oct 14 2024
Ultimately, by 2031, the maximum number of licenses per retailer will reach eighteen. This significant increase underscores the state's commitment to supporting the development of the retail alcohol industry and ensuring its sustained growth.

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Tommaso Tommaso Mon Oct 14 2024
It's important to note that these new limits encompass two distinct types of retail alcohol licenses: "all-alcohol" licenses, which authorize the sale of all types of alcoholic beverages, and "wines and malt beverages" licenses, restricted to the sale of those specific categories.

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SamsungSpark SamsungSpark Mon Oct 14 2024
The phased approach to increasing license limits allows for a gradual and manageable transition, enabling retailers to plan and adapt their business strategies accordingly. It also ensures that the industry's growth remains sustainable and responsible.

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