Gov. Chris Sununu blocked a bill that would have allowed nonprofit medical marijuana treatment centers to organize as for-profit businesses.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine Cannabis Report
When hemp prices crashed, two oil and gas tycoons gobbled up market share. Now they expect $100 million in revenue this year
Texas company Delta AG calls itself the largest full-service producer and processor of hemp in the U.S.
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Posted inBusiness, Health, Nation & World
FDA allows Pfizer boosters for 12- to 15-year-olds as omicron surges
The Centers for Disease Control and Prevention now must decide whether to go along with the recommended boosters for the younger teens.
Posted inBusiness, Maine
As Maine’s climate changes, scallop farming offers optimism
Automation technology and farming techniques borrowed from more mature scallop fisheries as far away as Japan are giving some seafood harvesters a glimpse of a potentially profitable future.
Posted inBusiness, Maine, News, Schools and Education
Facing an existential crisis, some colleges do something increasingly rare: Adapt
Schools such as the Maine College of Art & Design are confronting demographic realities that have been shrinking enrollment in higher education for 10 years.
Posted inBusiness, News
Central Maine business briefs 0102: Franklin Savings Bank board chairman retires
People & Places: Kennebec Savings Bank awards $30,000 Catalyst Grants to two local nonprofits.
Posted inBusiness
Stocks end 2021 on weak note, still notch big yearly gain
Along the way, the S&P 500 set 70 all-time highs, its most recent one on Wednesday.
Posted inBusiness, Nation & World
Warren Buffett rejects Bernie Sanders’ call to intervene in strike
About 450 workers have been on the picket line outside Berkshire Hathaway plant in West Virginia since Oct. 1.
Posted inBusiness, Nation & World
Partygoers urged not to travel across U.K.
Prime Minister Boris Johnson has resisted tightening restrictions in England.
Posted inBusiness, Kennebec Journal, Maine
Kenney Awards shifting to outdoor summer event to celebrate 90 years of chamber of commerce
Following a virtual ceremony because of the pandemic, the annual Kennebec Valley Chamber of Commerce Kenney Awards will be held in-person in July at Mill Park to celebrate the business organization’s 90 years in Augusta.