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Business and Economic News

Hundreds seek social equity cannabis business license in first 24 hours of program

Hundreds seek social equity cannabis business license in first 24 hours of program

The Minnesota Office of Cannabis Management is giving social equity applicants — ranging from veterans to new farmers, to those who’ve faced historical harms from the war on drugs — a head start on business licenses.
by Cathy Wurzer and Gracie Stockton

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This week's televised debate is crucial for Biden and Trump — and for CNN as well

The stakes are high for Joe Biden and Donald Trump for Thursday's first presidential debate. But they're not the only ones on the stage: CNN's Dana Bash and Jake Tapper will be with them, carrying the hopes of a network that could use a boost.
by The Associated Press

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Yellen in Minneapolis to announce efforts to boost housing supply as high prices create a crunch

Yellen in Minneapolis to announce efforts to boost housing supply as high prices create a crunch

The Biden administration is announcing new steps to increase access to affordable housing. The Democratic administration is announcing new federal initiatives as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-coronavirus pandemic years.
by The Associated Press

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Inside the Chinese-funded and staffed marijuana farms springing up across the U.S.

Inside the Chinese-funded and staffed marijuana farms springing up across the U.S.

Large numbers of migrants from China are crossing into the U.S. and finding work on marijuana farms. Some of the businesses are accused of exploiting workers and violating state growing rules.
by Emily Feng

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Heavy rains and climate change challenge Minnesota agriculture, farmers of color

Heavy rains and climate change challenge Minnesota agriculture, farmers of color

“It has been a tough season,” said Marcus Carpenter, founder of an organization that supports greater racial and ethnic diversity in farming. “When you have farmers of color who have very little acreage to deal with in the beginning, having an entire washout can be detrimental for them, both economically … and from a community perspective.”
by Gracie Stockton and Cathy Wurzer

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In Grant County, more than 280 grazing goats provide sustainable solution to buckthorn

In Grant County, more than 280 grazing goats provide sustainable solution to buckthorn

Each month, MPR senior economics contributor Chris Farrell takes us inside a local business. This time he visited a farm in Grant County that is using their goats in a unique way.
by Cathy Wurzer, Chris Farrell and Ellen Finn

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Northside Minneapolis modular housing project unveiled

Northside Minneapolis modular housing project unveiled

The company George Modular Solutions will begin manufacturing residential and commercial modular housing next spring, said CEO Lewis Lockwood. The company is renovating a 83,000-square-foot former printing plant into a modular manufacturing plant.
by Regina Medina

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