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.
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.
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.
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.
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.
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.
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.