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Party registration a factor in choosing next CCC commissioner

There's an open seat on the Cannabis Control Commission for someone who has experience in a regulated industry, but the 1.5 million registered Democrats in the state shouldn't bother applying.

WBJ Podcast: How the Central Mass. workforce is changing now and in the future

More than 20% of the Massachusetts workforce has applied for unemployment since the coronavirus crisis began in mid-March, particularly those employees in the hospitality, retail and healthcare sectors.

Insulet reports 24% revenue growth, as it narrows losses to $2.1M

The first quarter started to show the economic strains of the coronavirus pandemic — but not for Acton's Insulet.

Waters Corp. in Milford cuts 3% of workforce

Milford laboratory equipment manufacturer Waters Corp. said it has cut 3% of its workforce, incurring $18 million in severance-related costs, with another $5 million expected through the remainder of the year.
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Marijuana delivery business applications open this month

The Massachusetts Cannabis Control Commission will begin accepting applications for prospective adult-use, delivery-only marijuana businesses, as well as for certain microbusinesses seeking delivery endorsements on May 28, the commission announced on Thursday.

Kopin reports 42% revenue gain, lower net losses in first quarter

Westborough’s Kopin Corporation, a manufacturer of wearable technology, reported a 42% year-over-year increase in revenues for the first quarter.

Concrete company president buys Hudson commercial building for $1.4M

A nearly 9,000-square-foot multi-tenant commercial building in Hudson has sold for nearly $1.4 million.

Short of reopening, some lawmakers eye cannabis business loans

It would be a "damn shame" if instead of allowing marijuana companies to resume operations in Massachusetts the state had to establish a forgivable loan fund for an industry that doesn't qualify for federal aid, the Senate chair of the Cannabis Policy Committee said Tuesday.
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After steep drop, Mass. biz confidence nudges lower

Business confidence slid further into negative territory as Massachusetts employers dealt with financial fallout of the coronavirus pandemic and uncertainty about re-opening plans in April, but remains above its all-time low during the Great Recession.

IPG sees $66M drop in first-quarter revenue, 34% drop in profits

Oxford's IPG Photonics reported Tuesday a nearly $66 million, or 21%, drop in first quarter revenue, a figure the laser manufacturer said was at the high end of its expectations during the coronavirus pandemic.
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