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June 10, 2024

Focus section

Law firms expand to Florida as ultra-wealthy CT residents seek relief amid looming estate tax exemption sunset

Andrew Larson

Law firms in Connecticut are expanding to Florida, and it’s not just for warmer weather and renowned beaches, but largely because of the financial incentives that are attracting their clients to th

Deal Watch

Deal Watch
After bargain acquisition, owners breathing new life into long-neglected Windsor industrial/office complex; major warehouse expansion planned

David Krechevsky
With major projects in the queue, Enfield could finally find its economic development ‘stride’

Hanna Snyder Gambini
Following generational leadership change, new management structure aims to propel Newman Architects’ future growth

Harriet Jones, Hartford Business Journal Contributor
Here’s why one CT woman wants state lawmakers to adopt a bereavement leave mandate

Skyler Frazer

CT Innovations approves tax breaks for major medtech, food manufacturing projects

Andrew Larson

Connecticut Innovations, the state’s quasi-public venture capital arm, has approved sales and use tax exemptions for three major projects, including the state’s first proton therapy center in Wallingford.
Expert corner

Expert corner
New CT cannabis laws will have major implications for businesses

Sarah A. Westby

Major changes are in store for Connecticut cannabis and hemp businesses in 2024. Four bills passed both the House and Senate at the close of the legislative session on May 8, and three have been signed into law by the Governor.
Deal Watch

Deal Watch
Truck driver training school seeking to buy land in Bristol

David Krechevsky

A longtime commercial driver training school is seeking to acquire land in a Bristol industrial park to create a new training facility.
One of CT’s only local cannabis companies seeks growth in recreational market

Skyler Frazer

After several years operating in the state’s medical marijuana market, tucked away in the northwestern corner of Connecticut, Torrington-based Still River Wellness is diversifying to serve recreational customers, with one new dispensary already op
Massachusetts cannabis brand expanding to CT

Skyler Frazer

On the heels of a $20 million private equity investment, a vertically integrated multistate cannabis operator is preparing to launch in Connecticut after building business roots in a neighboring state.
CT hires first cannabis ombudsperson, as number of medical marijuana patients is on decline

Skyler Frazer

After a lengthy search and more than a half-year late from when it was promised, state officials have named Connecticut’s first cannabis ombudsperson tasked with representing the interests of medical marijuana patients and their caregivers.
CT employee ‘poaching’ lawsuit, filed days before FTC ban ruling, provides window into debate over noncompete agreements

David Krechevsky

A Farmington-based healthcare digital marketing agency recently sued a competitor claiming it “poached” a top employee in an effort to steal clients and gain inside knowledge of its business and offerings.
From pizza to oysters, CT focuses on smaller attractions to boost tourism efforts

Hanna Snyder Gambini

Oysters have been harvested from Connecticut waters for thousands of years. New Haven has produced world-famous pizza for more than a century.
Expert corner

Expert corner
Tax planning tips for executives and business owners

James Zahansky

It’s crucial for executives and business owners to proactively plan and strategize to minimize their tax liabilities.
Expert corner

Expert corner
Here’s how endowment managers can get the most out of their investment policy statement

Greg Miller

Serving on a board of an organization supported with endowments can be a wonderful experience.

Today's Poll

Poll Description

The city of Hartford is requesting state support to launch an artificial intelligence hub in the Capital City, an effort that could include an investment up to $100 million over several years.

The Connecticut Center for Applied AI, organizers say, would offer training to create a pipeline of workers capable of using AI tools to solve business problems. It would also contain laboratory spaces where businesses, academics and other entities could test potential AI applications and use cases.

It wouldn’t contain massive banks of servers or a supercomputer. But it would have the technology to securely connect with high-level AI engines.

Mayor Arunan Arulampalam said he envisions the AI hub as an important center of gravity, providing a talent pipeline and testing ground to help keep the city’s existing corporations anchored, while also drawing experts and students to participating universities.

288 Votes
0 Comments

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Award Honorees

Law firms expand to Florida as ultra-wealthy CT residents seek relief amid looming estate tax exemption sunset

After bargain acquisition, owners breathing new life into long-neglected Windsor industrial/office complex; major warehouse expansion planned

With major projects in the queue, Enfield could finally find its economic development ‘stride’

Following generational leadership change, new management structure aims to propel Newman Architects’ future growth

Here’s why one CT woman wants state lawmakers to adopt a bereavement leave mandate

CT Innovations approves tax breaks for major medtech, food manufacturing projects

New CT cannabis laws will have major implications for businesses

Truck driver training school seeking to buy land in Bristol

One of CT’s only local cannabis companies seeks growth in recreational market

Massachusetts cannabis brand expanding to CT

CT hires first cannabis ombudsperson, as number of medical marijuana patients is on decline

CT employee ‘poaching’ lawsuit, filed days before FTC ban ruling, provides window into debate over noncompete agreements

From pizza to oysters, CT focuses on smaller attractions to boost tourism efforts

Tax planning tips for executives and business owners