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June 12, 2023Edition

🔒Q&A: The vintage farmhouse vibe in Webster

Shop owner Sheri Putnam, together with her husband Bob Putnam and Design Coordinator Susan Krysinski, maintain an ever-rotating stock of farmhouse-styled merchandise that all but bursts off the shelves.

🔒A Thousand Words: Cannabis dispensary closures

Multistate operator Trulieve is closing three cannabis dispensaries in Massachusetts, including in Worcester and Framingham.

🔒Editorial: Housing push needs local cooperation

Massachusetts needs housing. As one of her main efforts to alleviate the increasingly unaffordable cost of buying and renting housing, Gov. Maura Healey has prioritized building new homes throughout Mass.

🔒Viewpoint: Small businesses remain bullish for 2023

Despite economic headwinds, small business owners in Worcester and elsewhere are confident in their abilities to manage their businesses through difficult times.
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🔒Viewpoint: Why UMass Memorial needs to close maternity services in Leominster

Maternity care is highly specialized and requires continuous and consistent coverage. The advanced nature of these services, combined with existing labor shortages and the steadily declining number of births at the hospital, has heightened the difficulties of staffing this unit.

🔒101: Generating leads

Sales lead to revenue, and revenue leads to meeting company goals; but what leads to sales? Leads, of course.

🔒The high dive into entrepreneurship

inspired by her brother, a local entrepreneur Lauren Howe details how she overcame the many challenges of entrepreneurship and COVID to build her business from the ground up.

🔒10 Things I know about … Accessing liquidity for an investment opportunity

With higher interest rates and tightening credit conditions, you may need to get creative on how to tap liquidity for a business investment or real estate acquisition.
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Movers & Shakers for June 12, 2023

People are on the move at UMass Memorial Medical Group, Fidelity Bank, and Clark University.

🔒Cannabis comes of age: Five years in, regulators face a new set of issues

When the first recreational cannabis dispensaries in Massachusetts opened in November 2018, their parking lots assumed a festive air as people lined up, sometimes for hours, to get the newly legal product. Nearly five years later, legal cannabis has become an unremarkable part of the state economy.

🔒Retail is king: How small cannabis businesses are surviving the plunging marijuana prices

Smaller cannabis companies are white labeling and collaborating as they try to survive a fierce pricing competition against large corporations in an increasingly saturated market.

🔒Artificial intelligence: The new era of electronic health records

Artificial intelligence offers ways to improve the burdensome electronic health records process, but a leading Westborough company urges caution amid innovation.
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🔒Real Estate Insider: As the State seeks to increase housing construction, some towns pump the brakes

Multifamily residential developers have been proposing thousands of apartments throughout Central Massachusetts, but communities are resisting the push for more housing to protect their resources and what residents and officials see as their town’s character.

🔒From the Editor: A cannabis future without stigma

Dispensaries would be as common as liquor stores, discussion around cannabis use would be as tolerated as drinking wine, and cannabis cafes would dot the landscape as bars do now.

Despite shortfalls, Worcester anticipates making Polar Park debt payments as promised

As was the case for the first two years of debt payments, the saving grace for the current fiscal year 2023 and the next fiscal year 2024 is a $3-million property sale from 2021.
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