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MASSACHUSETTS recreational marijuana shops posted more than $20 million in sales in 2019, according to the state. / AP FILE PHOTO/JULIO CORTEZ

Mass. marijuana shops report $420M in sales in 2019

BOSTON (AP) – Recreational marijuana shops in Massachusetts raked in more than $420 million in sales in the first full calendar year of legalization,...

Raimondo planning to introduce recreational marijuana proposal, despite opposition

PROVIDENCE – Gov. Gina M. Raimondo said she still plans to introduce a proposal in January that would legalize and regulate recreational marijuana and...

Cerebration wins R.I. Business Competition’s Elevator Pitch Contest

PROVIDENCE – Cerebration bested 44 other contestants to emerge as the winner of the Rhode Island Business Competition’s Elevator Pitch Contest held at Venture...

Baker administration estimates vaping ban costing stores up to $8M in...

PROVIDENCE – A three-month ban on retail nicotine and marijuana vaping products in Massachusetts has the potential to cost private businesses $7 million to...

Was Gov. Gina M. Raimondo right to file a lawsuit to...

Gov. Gina M. Raimondo on Oct. 22 filed a lawsuit in Superior Court challenging the need for legislative approval of marijuana and hemp regulations. The...

Union gets toehold in R.I.’s marijuana industry

THE NASCENT CANNABIS INDUSTRY in Rhode Island is expanding quickly and attracting the attention of a national union best known for organizing supermarket workers. The...
NOT WORKING: Democratic Gov. Gina M. Raimondo’s Oct. 22 lawsuit over marijuana regulatory power was the latest example of her fractured relationship with legislative leaders from her own political party. 
 / PBN FILE PHOTO/ARTISTIC IMAGES

Raimondo, GA leaders must stop sniping, find common ground

The fractured working relationship between Gov. Gina M. Raimondo and legislative leaders from her own party in the Democrat-controlled General Assembly is again on...

Raimondo sues over marijuana regulatory power; GA signals it was already...

PROVIDENCE – Gov. Gina M. Raimondo on Oct. 22 filed a lawsuit in Superior Court that argues against a provision of the fiscal 2020...
REGULATION LITIGATION: Gov. Gina M. Raimondo filed a lawsuit calling budget provisions passed by the General Assembly in the fiscal 2020 budget giving veto power to the GA regarding marijuana and hemp regulations unconstitutional. / PBN FILE PHOTO/ARTISTIC IMAGES

Raimondo sues over marijuana regulatory power; GA signals it was already...

PROVIDENCE – Gov. Gina M. Raimondo on Tuesday filed a lawsuit in Superior Court that argues against a provision of the fiscal 2020 budget...
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 –...

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