By purchasing well-established marijuana stores, Sean "Diddy" Combs is buying into already profitable establishments with a proven track record. His investment creates the first minority-owned, vertically-integrated multi-state cannabis operator in America.
Frank Mathias will step down as the CEO of Rentschler Biopharma SE, which has its American base of operations in Milford, and will join Oxford Biomedica plc in England in March.
Atlanta developer Portman Industrial has withdrawn a proposal to build a 1.2-million-square-foot warehouse in Hudson, following a lawsuit by its neighbors to stop the project.
These types of facilities are expected to become significantly more prevalent as energy costs remain unpredictable and large organizations seek the stability of generating heat and electricity onsite.
Jabil Inc., the global manufacturing company based in Florida with major operations in Clinton, promoted Kenny Wilson to CEO, replacing President and CEO Mark Mondello, who will transition into the role of executive chairman when Kenny takes over as CEO on May 1.Â
Redemption Rock Brewing Co. in Worcester and Dorchester Brewing Co. in Boston collaborated on a new beer to benefit veteran-focused nonprofits in their communities.
Saint-Gobain has transferred 51 acres of underused land to the Worcester Business Development Corp.’s nonprofit entity New Garden Park Inc. as part of redevelopment plans to create 1 million square feet of new manufacturing space in the Greendale area of Worcester.