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BAYCOAST BANK, one of its Rhode Island branches shown here, is one of the few banks in the area that openly court deposits from marijuana-related businesses. The Swansea, Mass.-based community bank decided to take the step nearly a year ago as more marijuana-related businesses were opening after Massachusetts began licensing recreational marijuana dispensaries, in addition to medical marijuana dispensaries previously legalized in Massachusetts and Rhode Island./COURTESY/BAYCOAST BANK

BayCoast accepts marijuana-industry deposits

Legalizing marijuana is one thing, banking on it is another. At least one bank in the area, however, is venturing into those waters –...

Marijuana businesses need banks

BayCoast Bank is setting a much-needed standard locally with its public acceptance of deposits from businesses in the burgeoning marijuana industry.The Swansea-based bank has...

Correia’s former chief of staff indicted on extortion charges

FALL RIVER – Genoveva Andrade, the former chief of staff to Mayor Jasiel F. Correia II, was indicted Sept. 19 on six federal charges,...

Nova Farms marijuana licenses suspended; principal investigated for drug violations

ATTLEBORO – The Cannabis Control Commission has halted all medical and recreational cannabis operations of Nova Farms LLC after learning of pending criminal charges...

A wise pause on marijuana legalization

The state-by-state march toward marijuana legalization has run into a wall in two left-leaning states. Faced with objections from parents, teachers, police and others...
PBN PHOTO/DAVE HANSEN

Raimondo: A ‘partner with business’

You could say Gov. Gina M. Raimondo is a pragmatist. The way she puts it, she’s not trying to change the world so much...
DRUG TESTING: Craig Pickell is the president and CEO of Bullard, which makes custom grinders and abrasives. Manufacturers such as Pickell, who also serves as chairman of the Rhode Island Manufacturers Association, are concerned about the worker-safety issues and employer rights regarding drug testing if recreational marijuana use is legalized.
 / PBN PHOTO/MICHAEL SALERNO

‘We’re not going to stop [legal pot]’

Amid the rolling fields and wooded hills outside Worcester, Mass., people park their cars in a dirt lot then take a shuttle bus to...

R.I. businesses wary of legalizing marijuana

Gov. Gina M. Raimondo sees millions of dollars in new state revenue from legalizing recreational marijuana use but business owners don’t want it to...
CVS Health will begin selling products infused with CBD, a non-intoxicating hemp component, at more than 800 of its stores as part of a distribution deal with marijuana company Curaleaf Holdings. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS joins cannabis wellness trend by adding CBD products

NEW YORK - CBD has landed at CVS. CVS Health Corp. this week will begin selling products infused with the trendy, non-intoxicating hemp component at...
STEVEN HOFFMAN, chairman of the Massachusetts Cannabis Control Commission, speaks with several businesspeople after giving a speech before the Greater Providence Chamber of Commerce on Tuesday. / PBN PHOTO/WILLIAM HAMILTON

Mass. cannabis official cautions R.I. on legalization issues

PROVIDENCE -- One of Massachusetts' top cannabis officials offered advice for Rhode Island Tuesday morning as state lawmakers here kick off the debate on...
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