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Cassius Shuman

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Senate passes legislation calling for legalization of marijuana

PROVIDENCE – The Senate passed legislation on Tuesday at Rhode Island College’s Sapinsley Hall by a 29-9 vote that would legalize, regulate and tax...

R.I. Dem. leadership agrees on PPP tax threshold of $250K

PROVIDENCE – Rhode Island's Democratic leadership announced on Thursday that the threshold for taxation on businesses that profited while in receipt of Paycheck Protection...

Key House panel approves $13.1B fiscal 2022 budget

PROVIDENCE – The House Committee on Finance approved a $13.1 billion budget for fiscal 2022 late Thursday night that creates a business tax on...

Rhode Island leaders back statewide body camera program

PROVIDENCE – Rhode Island's state leaders are aiming to equip about 1,700 police officers across the state with body-worn cameras over the next 12...

Lardaro: Rhode Island’s economy is beginning to recover

PROVIDENCE – Rhode Island's economy expanded for the first time in a long time year over year in April, especially in retail sales, payroll...

Senate committee approves amended cannabis legislation

PROVIDENCE – The Senate Committee on the Judiciary voted in favor of passing amended legislation that would legalize, tax, and regulate cannabis in the...

Business leaders painting gloomy picture of PPP taxation

PROVIDENCE – Rhode Island business leaders are painting a gloomy picture for the state if Gov. Daniel J. McKee’s proposal to tax forgivable Paycheck...

Everybody’s Business: He adopted strategy of adapting

(Editor’s note: This is the 10th installment in a monthly series speaking with minority business owners and leaders. Each is asked their views on...
UNDER CONSTRUCTION: Christian Cowan, executive director of 401 Tech Bridge in Portsmouth, and Mary Johnson, manager, outside the location of what will become the organization’s Advanced Materials and Technology Center, a 17,000-square-foot research and development facility slated to be completed by the end of the year. / PBN PHOTO/ELIZABETH GRAHAM

R.I. tech ‘super connector’ gaining momentum

Christian Cowan experienced a lot of sleepless nights last year. Cowan is in charge of 401 Tech Bridge, an economic development initiative launched in 2019...
OPENING THE DOOR: Frederick Reinhardt, CEO and president of Greenwood Credit Union, says the Warwick credit union started providing services to cannabis-related businesses in part because of safety concerns over operating a large all-cash enterprise. / PBN PHOTO/MICHAEL SALERNO

Lack of banking hinders R.I.’s cannabis sector

The cannabis industry may be expanding in Rhode Island, but these types of businesses still struggle to find financial institutions that will provide financing...
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