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Jacquelyn Voghel

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SWEETSPOT DISPENSARY will open for recreational cannabis sales on Tuesday at 560 South County Trail, Exeter. It will be the sixth licensed cannabis retailer in the state. / COURTESY JASON WEBSKI

Exeter dispensary to begin recreational cannabis sales Tuesday

EXETER – A sixth hybrid cannabis dispensary will begin offering recreational sales in the state on Tuesday. Sweetspot Dispensary, operated by Plant Based Compassionate Care,...

McKee’s eviction order of Statehouse encampment upheld

PROVIDENCE – A R.I. Superior Court judge on Friday ruled in favor of Gov. Daniel J. McKee's order to evict homeless individuals camped outside...

Nelipak investing $11.8M into new North Carolina facility

CRANSTON – Nelipak Corp. is expanding its operations into North Carolina, with a planned initial investment of at least $11.8 million into a 110,000-square-foot...

Providence launches new program for discounted internet

PROVIDENCE – City residents may be eligible for discounted internet services under a new municipal program. The city’s Affordable Connectivity Program will provide eligible residents...

NUWC appoints Dawn Vaillancourt as new business director

NEWPORT – The Naval Undersea Warfare Center recently appointed Dawn Vaillancourt as its new business director. In her new role, Vaillancourt, the former head of...

New virtual video studio established in East Providence

EAST PROVIDENCE – A newly launched virtual video studio will help producers overcome logistics to take film and gaming production to new heights, says Rhode Island-based (add)ventures agency. The...

Pure Haven donates $20K-plus in products to domestic violence relief

JOHNSTON – Toxin-free health, beauty and household product manufacturer Pure Haven LLC recently donated more than $20,000 in products to Turning Point, an Ohio-based organization that assists those...

CVS Health expands time-delay safe technology rollout in pharmacies

WOONSOCKET – CVS Health Corp. is broadening the use of its time-delay technology on safes across all U.S. pharmacies, the company recently announced. The Woonsocket-based...

Zoning board approves one new Salve Regina residence hall, second denied

NEWPORT – After years-long public debate, one of of two proposed Salve Regina residential halls will move forward, the Newport Zoning Board of Appeals...
TAKING THE LEAD: Swansea-based BayCoast Bank is one of the few banks that has offered financial services to cannabis-related businesses in Massachusetts, and BayCoast Senior Vice President and Chief Financial Risk Officer Gary J. Vierra says the bank is doing the same in Rhode Island as retail cannabis sales ramp up.
PBN PHOTO/MICHAEL SALERNO

Many banks remain leery despite legalized cannabis

As recreational cannabis sales take off in Rhode Island, opening and running a business still isn’t exactly simple for these merchants. For one, a delayed...
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