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Back in 2016, the ballot initiative passed by voters called for a 12% tax on marijuana retail sales, which included a 3.75% state excise tax, the 6.25% state sales tax, and a 2% local excise tax. Let's aim toward that formula, as a starting point.
For the last 10 years, WBJ readers have voted for the best companies, venues, people, and services in Central Massachusetts, for our annual Best of Business awards.
Solutions like government money do help address these issues, but the real struggle is the effort to win over hearts and minds of businesspeople.
Increased values make renting or purchasing a commercial building more expensive, and rising housing costs make purchasing or renting less affordable, driving some long-time community residents and businesses out of the city.
The next generation of leaders in Central Mass. higher education is taking shape, and the region appears strongly positioned with great talent.
A restaurant only open for two days a week hardly seems like a model for the future of the hospitality industry, but maybe its owners realize something the rest of the world is just catching onto: Pre-pandemic life will never fully return, and it’s
The lack of having clear federal guidance has led Massachusetts banks into murky waters, where they can provide some services to marijuana businesses, but it still puts their Federal Deposit Insurance Corp. standing at risk.
At WBJ, we strive to be the go-to source for business news throughout all of Central Massachusetts. That geography extends as far east as Natick, west to Harwick, north to the New Hampshire border, and south to the Connecticut and Rhode Island
The workforce development system has been shifting to supply more trained employees to meet demand, but this effort takes time.
In the two years since countless Central Massachusetts businesses pledged to increase diversity, equity, and inclusion at their organizations, it is increasingly apparent which ones have truly committed to the effort vs. those who were just putting
Let’s not lose sight of the special sauce delivered by the creative community that makes Worcester such an attractive place to live and work.
While most of us make a big deal out of our kids’ birthdays, many adults would just as soon look past the opportunity to register their annual odometer reading. However, when you hit a really big number, like 300 years, it’s worth a pause and a
In 2018, before the first adult-use cannabis dispensaries had even opened, 46 Central Massachusetts cities and towns had either moratoriums or all-out bans against any marijuana businesses opening in their communities. Today, that number sits at 15.
As the exact date of the 300th anniversary of Worcester’s founding ticks closer to June 14 and all the tercentennial celebrations ensue, the focus should then shift away from the past and toward the future.
Inflation has had uneven impacts across the country and in different sectors of the economy.
The one reliable source of working-age adults has essentially been shut off for the past five years: immigration.