Wednesday, September 11, 2024

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Marijuana reclassification not expected until after presidential election

WASHINGTON (AP) – A decision on whether to reclassify marijuana as a less dangerous drug in the U.S. won't come until after the November...

Programs keeps Greenwood Credit Union employees robust

PBN Healthiest Employers Awards 2024 2-99 EMPLOYEES #2. Greenwood Credit Union CEO (or equivalent): Frederick Reinhardt, CEO and president Number of employees: 76 WELLNESS PROGRAMS ARE FLEXIBLE...
JEFFREY WOLFSBERG, program director for the R.I. Recovery Friendly Workplace initiative, delivered the Thursday the keynote address of the Providence Business News 2024 Healthiest Employers of Rhode Island Awards event. / PBN PHOTO/MIKE SKORSKI

Groov-Pin, Centreville Bank, Neighborhood Health Plan, AAA, CVS named PBN’s top...

PROVIDENCE – Groov-Pin Corp., Centreville Bank, Neighborhood Health Plan of Rhode Island, AAA Northeast and CVS Health Corp. were the top companies recognized Thursday...
PROVIDENCE BUSINESS NEWS has announced 24 honorees for its 2024 Healthiest Employers of Rhode Island Awards program.

PBN unveils 2024 Healthiest Employers of Rhode Island

PROVIDENCE – Twenty-four organizations have been named as honorees in Providence Business News’ 2024 Healthiest Employers of Rhode Island Awards program. All the honorees for...
CASH-ONLY CROP: Some of the products for sale at the cannabis retail store called Mother Earth Wellness in Pawtucket. Despite the Biden administration’s move to recategorize cannabis as a less-dangerous controlled drug on the federal level, it won’t do much to persuade banks to enter the sector. 
PBN FILE PHOTO/MICHAEL SALERNO

Pot regulation proposal leaves banking problem

The Biden administration’s move to reclassify marijuana as a less-dangerous controlled drug was hailed as a monumental step in reshaping national policy. But it...
DOGGED DETERMINATION: Greenwood Credit Union employees celebrate a win during the 2023 Hot Dog Day event. 
COURTESY GREENWOOD CREDIT UNION

Greenwood Credit Union

Best Places to Work 2024 Awards MIDSIZE COMPANIES #11. Greenwood Credit Union Employees in R.I.: 75 CEO and president: Frederick Reinhardt Questions answered by Frederick Reinhardt What fun activities...
GROWTH OPPORTUNITY: Anthony Ramon, owner of Sopha’s Café in Cranston, says a $120,000 loan through the State Small Business Credit Initiative allowed him to purchase the space to open his new culinary venture.
PBN PHOTO/MICHAEL SALERNO

$61.7M credit initiative slow to deploy money

In today’s economy, Anthony Ramon would have had a tough time securing a mortgage to buy a commercial building on Cranston’s Park Avenue, if...

PBN announces 2024 Best Places to Work

PROVIDENCE – Sixty-seven honorees have been named by Providence Business News for its 2024 Best Places to Work Awards program. Each company and organization recognized...

$14K in scholarships awarded at Lt. Gov.’s Entrepreneurship Challenge

JOHNSTON – Raneem Al Suwaidani, a senior at The Metropolitan Career and Technical Center, or The Met, in Providence, won first place and a...
CREDIT ­ISSUES: Spencer Blier, left, CEO and founder of Mammoth Inc., one of Rhode Island’s licensed cannabis cultivators, in his facility with one of the Mammoth technicians. Because the federal government has not legalized cannabis, banking services and credit card processing are difficult to come by for businesses in the industry. 
PBN FILE PHOTO/MICHAEL SALERNO

Credit card restrictions curbing cannabis sector

People’s Credit Union CEO and President Sean Daly says major credit card companies and financial institutions remain cautious about entering the legal cannabis industry,...
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