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HURDLES AHEAD: Steven J. Hoffman, chairman of the Cannabis Control Commission in Massachusetts and keynote speaker at PBN’s The Business of Cannabis Summit at the Omni Providence Hotel on Feb. 26, says there are formidable obstacles for anyone considering a cannabis enterprise, partly because the federal government still considers it an illegal drug, which has negative implications for banking and taxes. / PBN PHOTO/RUPERT WHITELEY

Mass. cannabis chief offers guidance for Ocean State

When Massachusetts voted to legalize recreational marijuana in 2016, many felt that Rhode Island would shortly follow suit. But that hasn’t happened yet. And the...
ECONOMIC CONCERNS: Panelists, from left, Kristen Urbach, Thomas O. Sweeney, Stefan Pryor, Mark K. W. Gim and Luke Ebersold discuss a variety of concerns at the PBN Economic Trends Summit while moderator Thomas Zitzouris looks on. / PBN PHOTO/MIKE SKORSKI

PBN summit: High business costs, education are concerns in R.I.

The Rhode Island economy has come a long way since the dark days of the Great Recession, when the unemployment rate was among the...
SUNNY OUTLOOK: Thomas Tzitzouris, director for Strategas Research Partners in New York, tells attendees at the Providence Business News Economic Trends Summit that although the year has gotten off to a sluggish start, he predicts a 2% growth rate in the gross national product in 2020. / PBN PHOTO/ MIKE SKORSKI

Economist doesn’t believe recession in the forecast

Some businesspeople might feel there’s an economic downturn looming ahead, but Thomas Tzitzouris doesn’t see it that way. “There is no reason to suspect there...

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