Cannabis company Cresco Labs announced Monday that it is calling off its plans to acquire competitor Columbia Care, which controls the licenses to sell medical marijuana in the greater Richmond region.
Scared off by new state CBD regulations, the company is looking at a move to Washington, D.C., where it also hopes to begin selling psilocybin mushrooms.
The Richmond-area turf war between convenience store giants Sheetz, Wawa and Royal Farms continues, this time with one of them making a move south of the James River. Sheetz last week filed plans with Chesterfield County for a new location at 14301 Midlothian Turnpike, across the street from the Aldi-anchored Winterfield Crossing shopping center. A… Read more »
The company now has 700 employees, four manufacturing facilities and raised $140 million in investor capital last year.
A year in the making, a local coffee company’s new cafe and roastery is ready for its debut. Reviresco Coffee Co. this week began roasting operations at 710 Lafayette St., where it also plans to open a cafe on Monday. Co-owner Steven Dalton said the project, which was first announced last summer when the company… Read more »
Keya Wingfield said she hopes to take her Bombay Chips brand to a new level as one of eight startups making up the accelerator program’s latest cohort.
The first projects to be funded from $540 million in bonds that Chesterfield voters approved in last year’s referendum are being lined up.
With the new space comes a pivot away from textbook sales for the nearly 40-year-old business and greater emphasis on VCU apparel, university merchandise and school supplies as it searches for better margins.
Wednesday’s hearing, which is a regular feature of the state’s approval process for new medical facilities, came in the wake of a state health department staff report released in April that recommended denial of HCA’s proposal.
The new facility comes as the nonprofit continues to plan for a larger, regional family center on the scale of what it envisioned for the nixed VCU Health-anchored redevelopment of the nearby Public Safety Building property.
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