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Founder and chairman of Cognex to step down

Natick machine vision systems and bar code reader manufacturer Cognex Corp. has announced that the company’s founder, Robert Shillman, will resign from the company’s board of directors and as an executive officer of Cognex. 

ReWalk reports $13M loss for 2020

Medical device manufacturer ReWalk Robotics, of Marlborough, reported a $13-million loss for 2020, according to a quarterly earnings report released Thursday, a 17% decrease from last year, when the company reported a $15.6-million loss.

Central Mass. cannabis dispensary promotes student artwork

Mayflower Medicinals, a cannabis company that operates an adult-use dispensary in Worcester and a cultivation and manufacturing facility in Holliston, is using its packaging as an opportunity to raise money for Unbound Visual Arts.

Worcester marijuana dispensary seeks food license

Major Bloom, a cannabis company with provisional manufacturing and retail licenses to operate an adult use dispensary at 76 Millbury St. in Worcester, is seeking a food license from the Worcester Planning Board.
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Arch Therapeutics to raise $6.9 million

Framingham biosurgical device manufacturer Arch Therapeutics, Inc., plans to raise $6.9 million by entering into securities purchase agreements with certain institutional and accredited investors.

IPG Reports $50M profit in fourth quarter

Oxford laser manufacturer IPG Photonics has reported $49.7 million in profits for the company’s fourth quarter.

Worcester Envelope Co., at 125 years old, acquired by national marketing firm

Moore DM Group, a marketing firm headquartered in Washington, D.C. has acquired Worcester Envelope Co. of Auburn, Moore announced on Friday.

Waters launches new liquid analytics solution

Milford life sciences company Waters Corp. has announced a new analytics system it says will impact the development of treatments and therapies for novel diseases.
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MCR Labs launches spinoff consulting firm to support cannabis labs nationwide

Leadership behind cannabis testing company MCR Labs, of Framingham, has launched a spinoff consulting and process development firm aimed at helping cannabis companies navigate administrative and business development projects.

Curaleaf opens 100th dispensary

Cannabis company Curaleaf, headquartered in Wakefield, has opened its 100th dispensary, located in Jacksonville, Fla., the company announced on Wednesday.
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