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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

Entrepreneurship 03/15/2024

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,...

JUMPED THE BORDER: Edward Dow, CEO of Massachusetts-based Solar Cannabis Co., has opened a dispensary in Warwick. He’s seen sales in Rhode Island growing steadily while business in Massachusetts has declined.  PBN PHOTO/RUPERT WHITELEY

Cannabis complications: Promising marijuana industry falling short of expectations

Cover Story 06/09/2023

Dr. Jason Iannuccilli has invested a lot in his lab in the past year. Like many entrepreneurs in the cannabis industry, the co-founder of PureVita...

R.I. cannabis sector still in waiting mode

Government 03/31/2023

Nearly four months after the legalization of the recreational use of cannabis, the fledgling industry in Rhode Island is being stifled by delays in...

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