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State delays choosing Shenandoah medical marijuana provider
At its June 26 meeting, the Virginia Cannabis Control Authority was expected to announce which company, among 40 applicants, had been selected from a highly competitive process to become the sole licensed pharmaceutical processor of medical cannabis for a region including the entire Shenandoah Valley, as well as the cities of Ch[...]
Winchester region sees state’s biggest population growth
Since 2020, Winchester has gained traction as Virginia’s fastest-growing metro area due to an outflow of remote workers from the Washington, D.C., region to the exurbs. That’s squeezing the local housing market and boosting prices — as well as causing worry among the region’s leaders. “Living in Winchester versus D.C. [...]
FOR THE RECORD June 2024
CENTRAL VIRGINIA Washington, D.C.-based real estate analytics and data company CoStar Group will receive a grant from the City of Richmond worth several million dollars because of the company’s plan to build an office tower expected to generate more than $30 million in new tax revenue. On April 22, Richmond City Council approved an ordinance […]
Specialty gift manufacturer establishes $1.4M Harrisonburg operation
Boxer Gifts, a British manufacturer of specialty, often wacky gifts, including the “poo timer” and “old age emergency pants,” will invest $1.4 million to establish its first U.S. light manufacturing, distribution and wholesale operation in Harrisonburg, Gov. Glenn Youngkin announced Tuesday. The project is expected to cr[...]
Shenandoah University receives $20M gift from alumnus
A Shenandoah University alumnus and his wife have pledged $20 million to the university, the largest individual donation in the history of the Winchester school. Wilbur and Clare Dove’s gift, announced last month, will go toward the building of a performing and visual arts center on campus, according to the university. Wilbur[...]
Forty applicants vying for Shenandoah medical marijuana license
Forty complete applications were received for conditional permits to operate as the state’s sole licensed pharmaceutical processor of medical cannabis for a region including the Shenandoah Valley, as well as the cities of Charlottesville and Fredericksburg and the counties of Spotsylvania and Stafford, according to the Vir[...]
SCCF to host national entrepreneurship conference
Shenandoah Community Capital Fund is hosting a national entrepreneurship organization’s summit in Harrisonburg, marking the first time the bi-annual event has convened in a rural area like the Shenandoah Valley, says Anika Horn, who directs SCCF’s entrepreneurial ecosystem-building efforts. The Startup Champions Network (SCN[...]
Shenandoah medical marijuana applications due April 30
While working as an occupational therapist, Stewart Bossman injured his back attempting to help a falling patient. That happened almost 25 years ago, but Bossman continues to deal with back pain. “I’ve had four back surgeries and one neck surgery,” he said, “so sometimes it’s just hard to take.” Bossman, 69, buys CBD[...]
HP Hood announces $83.5M expansion in Frederick County
HP Hood, a nationally branded dairy processor, will invest more than $83.5 million to expand dairy processing operations at its Winchester-area facility in Frederick County, Gov. Glenn Youngkin’s office announced Tuesday. The project includes upgrades to production and packaging equipment as well as construction of additional [...]
Clarke County limits solar development
Clarke County prioritizes agriculture. That’s what drives most of its policy-making as the county navigates the complexities of renewable energy development while preserving its farmland, explains County Administrator Chris Boies. In January, the county’s Board of Supervisors approved new regulations for utility-scale solar [...]
First National to acquire Prince George-based community bank
Strasburg-based First National has entered into a definitive merger agreement to acquire Prince George-based Touchstone Bankshares in an all-stock transaction worth approximately $47 million, First National announced Tuesday. The parent companies’ merger combines community banks First Bank and Touchstone Bank to create a bank [...]
Alger leaving JMU to head American University
American University announced Monday that James Madison University President Jonathan Alger will be its next president, starting July 1. Alger joined the Harrisonburg public university in 2012. Alger will be the 16th president of AU, a private university in Washington, D.C., replacing President Sylvia Burwell. During his tenure,[...]
