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THOMAS SPERRY is co-founder and managing partner of Rogue Venture Capital, the firm hired to manage R.I. Commerce Corp.'s new $2 million Rhode Island Venture Capital Fund. / PBN FILE PHOTO/ELIZABETH GRAHAM

Commerce board members want close eye kept on new venture capital...

When a $2 million proposal to start a state-sponsored venture capital fund to spur more high-potential startups came before the R.I. Commerce Corp. board...
MICHELLE A. REDDISH, left, administrator for the R.I. Cannabis Commission, speaks at Providence Business News' The Business of Cannabis Summit at the Providence Marriott on Thursday. Also on the panel is, from left, Benjamin L. Rackliffe, partner of Pannone Lopes Devereaux & O’Gara LLC; Sasha Gorski, co-owner of Talaria LLC; and Ronald Crosson II, executive director of Urban Ventures Inc. and chairman and so­cial equity officer of the R.I. Cannabis Advisory Board. PBN Editor Michael Mello, standing, moderates. / PBN PHOTO/MIKE SKORSKI 

PBN summit: Past missteps, current limbo still hampering legal cannabis sector

PROVIDENCE – In some ways, challenges facing Rhode Island’s legal cannabis industry were born from decisions made years ago. The panel discussion during Providence Business...

Federal commercial real estate cancellations surprise R.I. landlords

PROVIDENCE – Mary Sadlier was surprised when she opened an email from the General Services Administration last week. The agency informed Sadlier the federal government...

Bank of America gifts $1M to Crossroads, Women & Infants Hospital

PROVIDENCE – Women & Infants Hospital and Crossroads Rhode Island are the beneficiaries of $1 million in grants from Bank of America Corp. to...

McKee announces reelection bid via campaign video

PROVIDENCE – It’s official, Gov. Daniel J. McKee will seek another four-year term in 2026.  In a two-minute video released by his campaign Monday morning,...

PBN’s 2025 Business of Cannabis Summit slated for March 6

PROVIDENCE – The impact of recently released draft rules and regulations governing the state’s adult-use marijuana industry is among the topics to be discussed...

R.I. Foundation awards $130K in grants to 22 organizations supporting Black...

PROVIDENCE – Twenty-two nonprofit organizations that serve the state’s Black community were awarded close to $130,000 in grants from the Rhode Island Foundation, the...

Report: Hasbro’s potential HQ move could be announced by week’s end

PAWTUCKET – An announcement on Hasbro Inc.’s potential move to Massachusetts may be imminent.  WPRI-TV CBS 12 reported Wednesday that officials in Pawtucket are expecting...

Commerce Corp. approves creation of Rhode Island Venture Capital Fund

PROVIDENCE – R.I. Commerce Corp.’s board of directors on Monday voted unanimously to hire Oregon-based Rogue Venture Capital to manage a newly created venture...

‘We’re literally waiting by the telephones’: Edesia inventory is moving, though...

NORTH KINGSTOWN – It's been an intense last couple of weeks for Edesia Inc. The Rhode Island-based humanitarian aid organization has seen a stop-work order...
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