CONTRACTONGOING

Cultivate Cannabis Revenues Total $737K in FY20

Leicester Water Supply District logoLeicester Water Supply District
Disclosed value
$300,000 in Host Community Agreement funds plus $437,304 in marijuana sales tax receipts (total $737,304 in FY20)
From report
Document date
Dec 31, 2020
Term
Fiscal Year 2020

The 30-second brief

What it covers

Leicester recorded $737,304 in FY20 revenue from Cultivate, including Host Community Agreement funds and marijuana sales tax. The cannabis operator continues to contribute significant financial resources to the town despite increasing competition.

Who holds it

CULTIVATE holds this financial services contract with Leicester Water Supply District. Its other public contracts on record include work for Cumberland County and Dayton Independent School District.

What happens next

Term as filed: Fiscal Year 2020.

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Contract details

Contract type
Financial Services
Amount
$300,000 in Host Community Agreement funds plus $437,304 in marijuana sales tax receipts (total $737,304 in FY20)
Document date
December 31, 2020
Term
Fiscal Year 2020
Vendor
CULTIVATE
Source document
Town of Leicester 2020 Annual Report (Report)

CULTIVATE's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Leicester Water Supply District?

CULTIVATE was awarded this financial services contract by Leicester Water Supply District, as recorded on December 31, 2020. The contract value is $300,000 in Host Community Agreement funds plus $437,304 in marijuana sales tax receipts (total $737,304 in FY20).

How much is the CULTIVATE contract with Leicester Water Supply District worth?

The CULTIVATE contract with Leicester Water Supply District is valued at $300,000 in Host Community Agreement funds plus $437,304 in marijuana sales tax receipts (total $737,304 in FY20), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Town of Leicester 2020 Annual Report (Report), dated December 31, 2020 from Leicester Water Supply District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does CULTIVATE hold?

CULTIVATE may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Leicester Water Supply District currently buying?

Explore Leicester Water Supply District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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