Worcester Business Journal

June 24,2019

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wbjournal.com | June 24, 2019 | Worcester Business Journal 3 Worcester Business Journal (ISSN#1063-6595) is published bi-weekly, 24x per year, including 4 special issues in May, September, October, and December by New England Business Media. 172 Shrewsbury St., Worcester, MA 01604. Periodicals postage paid at Worcester, MA. Copyright 2019. All rights reserved. Postmaster: Please send address changes to: Worcester Business Journal, PO Box 330, Congers, NY 10920-9894. Subscriptions: Annual subscriptions are available for $54.95. For more information, please email wbjournal@ cambeywest.com or contact our circulation department at 845-267-3008. Fax: 845.267.3478 Advertising: For advertising information, please call Mark Murray at 508-755-8004 ext. 227. Fax: 508-755-8860. Worcester Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Worcester Business Journal 172 Shrewsbury Street, Worcester, MA 01604 508-755-8004 tel. • 508-755-8860 fax www.wbjournal.com A division of: Worcester Business Journal WBJ W hen Worcester Business Journal's management team first floated the idea of hosting a business of marijuana event, we had a lot of trepidation. Even though medical and recreational marijuana are legitimate in the state now, the industry still is illegal federally and a handful of long-time WBJ's readers have expressed a distaste over the cannabis industry. Still, focusing strictly on the business of marijuana, WBJ decided to proceed with what became e Business of Cannabis Fo- rum on June 10 at the DCU Center. Even though WBJ Events Manager Kris Prosser put together an all-star list of speakers and topics for professionals who are in the industry, are thinking about joining it, or want to support it in some way, we thought we would be lucky to get 150 people. Turns out, the marijuana event got nearly double that amount of attendees, as WBJ had to close off registrations as we neared the capacity of the meeting room at the DCU Center. While plenty of familiar faces attended the event, most of the crowd was people who don't regularly attend WBJ events – farmers, young entrepreneurs, marijuana advocates – and everyone was extremely enthusiastic. e dress was a healthy mix of suits, T-shirts and plaid. Granted, this event was a small inno- vation for WBJ, but – even though we've been covering the Massachusetts medical and recreational marijuana industry in the editorial pages of WBJ for years – this was a step out of our business office's comfort zone. And the risk paid off. For our Entrepreneurs & Innovation focus for this edition of WBJ, you will find plenty of people and organizations taking calculated risks in hopes of payoff. Mas- sachusetts Biomedical Initiatives was just a startup incubator 40 years ago and now is expanding into its third location. Eric LaVoie in Holliston sees a future where people will use hydrogen to fuel their cars. e Worcester Business Development Corp. is developing a 44-acre site into a biomanufacturing campus called e Re- actory, hoping it will enhance the Central Massachusetts biotech cluster. Innovation is all about expanding your way of thinking and pursuing new oppor- tunities to realize what you have come to I N T H I S I S S U E believe. Making sure the risks you take are researched and calculated is an important part of success, but going outside your comfort zone is really the best place for the magic to happen. - Brad Kane, editor W It's difficult to think big when the little things get in the way. Our business checking products have the small stuff covered, so you are free to focus more on what lies ahead. Time to let your business soar. Member FDIC Member DIF MINDING YOUR BUSINESS. DREAMING UP WHAT'S TO COME. IF THIS IS YOU, THEN THIS IS YOUR BANK. Visit web5.com or call 800.696.9401 WEBSTER • DUDLEY • OXFORD • AUBURN • WORCESTER • SHREWSBURY NMLS #523049 NEWS & ANALYSIS DEPARTMENTS 4 Central Mass. In Brief 5 Flash Poll 10 Focus on Entrepreneurs & Innovation 14 The List: Incubators in Central Mass. 15 Co-working places and makerspaces 16 Outside the Box, with Bonnie Walker 17 Know How 18 Movers & Shakers 19 Photo Finish 20 The Struggle is Real, by Renee Diaz 21 Opinion 22 Shop Talk: Tom Kinisky, Saint-Gobain 6 On the fly With energy and opportunity, the state's marijuana businesses and regulators are adapting to an industry slowly being built as interest grows. 10 Hydrogen power A Holliston startup wants Massachusetts businesses and residents driving fuel cell vehicles. Innovation is supposed to be scary Editor, Brad Kane, bkane@wbjournal.com News Editor, Grant Welker, gwelker@wbjournal.com (Real estate, higher education, health care) Staff Writer Zachary Comeau, zcomeau@wbjournal.com (Manufacturing) Contributors Susan Shalhoub, Livia Gershon, Sarah Connell Editorial & Events Intern, Devina Bhalla, dbhalla@wbjournal.com Research Director, Stephanie Meagher, smeagher@nebusinessmedia.com Research Assistant, Heide Martin, hmartin@nebusinessmedia.com Production Director, Kira Beaudoin, kbeaudoin@wbjournal.com Art Director, Mitchell Hayes, mhayes@wbjournal.com Senior Accounts Manager Matt Majikas, mmajikas@wbjournal.com Senior Accounts Manager Christine Juetten, cjuetten@wbjournal.com Senior Special Accounts Manager Mary Lynn Bosiak, mlbosiak@wbjournal.com Marketing & Events Manager Kris Prosser, kprosser@wbjournal.com Distribution and Database Coordinator A Guide to STUFF, a publication of New England Business Media Patty Harris, pharris@nebusinessmedia.com COO, Mary Rogers, mrogers@nebusinessmedia.com Accounting Manager, Valerie Clark, vclark@nebusinessmedia.com Accounting Assistant, Rae Rogers, rrogers@nebusinessmedia.com Collections Manager, Raki Zwiebel, rzwiebel@nebusinessmedia.com Human Resources, Jill Coran, jcoran@nebusinessmedia.com Publisher, CEO, Peter Stanton pstanton@nebusinessmedia.com Associate Publisher, Mark Murray mmurray@wbjournal.com President, Joseph Zwiebel jzwiebel@nebusinessmedia.com

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