Theory Wellness Medford Dispensary

The first employee-owned cannabis company in MA opened the doors of its newest location on Sunday, January 21st. The location includes a full-service dispensary and the world's first cannabis beverage outlet.

Theory Wellness, a pioneer in the Massachusetts cannabis industry, opened its flagship dispensary in Medford along with the world's first-ever beverage dispensary this past week. The dispensaries are located just minutes from downtown Boston at 162 Mystic Avenue, minutes off I-93.

The new store opening came just weeks after the company announced that it had transitioned 100% ownership to its staff, making Theory the first employee-owned cannabis company in the Commonwealth and the largest in the country.

That's not the only first; Theory also opened the world's only cannabis beverage outlet named after their well-established, in-house drink brand Hi5 in the same building. As a rapidly growing category in cannabis, this beverage outlet provides the largest selection of cannabis beverages at wholesale prices. They've brought on some of the best brands in the market, featuring trusted partners like Cann, Levia, and Good Feels at the most affordable prices in the state.

Beyond the cannabis offerings, there is a cultural impact, too. Theory donated nearly 10,000 square feet of space adjacent to its dispensary for the Arts Collaborative Medford. This community-based non-profit had been seeking a space for almost a decade before Theory offered to donate part of its building and construct a brand-new arts center.

The Medford dispensary is the final retail license for the company in Massachusetts, following other locations in Great Barrington, Chicopee, and Bridgewater. The Theory dispensary is open seven days a week from 9 AM - 9 PM, Sunday through Thursday, and 8 AM - 10 PM, Fridays and Saturdays. The Hi5 Beverage Dispensary is open from 12 to 8 PM, seven days a week. Both locations will offer both in-store shopping and advanced pre-orders on their website.