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Governor vetoes marijuana bill

Wed, 05/24/2017 - 3:56pm -- tim

Vermont Business Magazine At a well-attended press conference at noon today in the governor's fifth floor conference room, Governor Scott said he would veto S22, the marijuana legalization bill the Legislature passed late in the session. The bill would legalize possession of a small amount of pot while allowing individuals very limited production only for personal use. Unlike in Colorado, the Vermont law would not establish commercial production and sale of marijuana.

Vermont to get $377,000 in OTC drug settlement

Wed, 05/24/2017 - 2:09pm -- tim

Vermont Business Magazine The Attorneys General have reached a $33 million settlement with Johnson & Johnson Consumer Inc. and Johnson & Johnson (“Defendants”), the settlement resolves claims that Defendants, through subsidiary McNeil-PPC, Inc, unlawfully promoted over-the-counter drugs as complying with federal current Good Manufacturing Practices (cGMP) when they did not comply. Under the terms of the settlement agreement Vermont will receive $377,832.59 for costs and fees associated with the litigation.

Kevin Mullin to chair Green Mountain Care Board

Wed, 05/24/2017 - 10:31am -- tim

Vermont Business Magazine One of the most influential members of the state Senate will now lead one of the state's most complex and important regulatory bodies. Governor Phil Scott today announced the appointment of Kevin Mullin as chair of the Green Mountain Care Board (GMCB). The Board is responsible for regulation, innovation and evaluation within Vermont’s healthcare system, with a mission to reduce the rate of healthcare cost growth while ensuring high-quality, accessible care for Vermonters. Scott also named Maureen Usifer as a board member.

McClaughry: Seizing the teacher health insurance opportunity

Wed, 05/24/2017 - 8:21am -- tim

by John McClaughry The sudden political struggle over health insurance for unionized teachers isn’t over but some useful lessons are emerging. This struggle was triggered by a provision of ObamaCare called “the Cadillac tax”. Starting in 2018, plans with premiums of over $10,800 a year for individuals and $29,500 for families will face a crushing 40% tax on those premiums.

Attorney General Donovan joins bipartisan group opposing elimination of funding for legal services

Tue, 05/23/2017 - 3:39pm -- katie


Vermont Business Magazine Highlighting the need for legal services in rural and low-income communities across the country, Attorney General Donovan today joined a bipartisan group of 32 attorneys general in urging Congress to oppose the Trump Administration’s proposal to eliminate federal funding for the Legal Services Corporation (LSC).

Castleton hosts 2017 Commencement Ceremony

Tue, 05/23/2017 - 3:34pm -- katie

Vermont Business Magazine The second graduating class of Castleton University passed across the stage at its 230th Commencement ceremony on Saturday, May 13, bringing to close the 2016-17 academic year. Governor Phil Scott addressed the more than 3,500 guests in attendance and thousands more streaming the ceremony live online. Scott urged the graduates to understand that the best, is yet to come.

Sanders responds to Trump's budget

Tue, 05/23/2017 - 3:31pm -- katie

Vermont Business Magazine Sen. Bernie Sanders (I-Vt.) responded to President Donald Trump's budget at a press conference Tuesday. See below for a full transcript and click here to watch the speech.

This Budget Is Immoral

"This is a budget that is immoral and that will cause an enormous amount of pain for the most vulnerable people in our nation.

BioTek Instruments completes major site expansion

Tue, 05/23/2017 - 2:02pm -- katie

Vermont Business Magazine BioTek Instruments celebrated the completion of a $4.5 million facility expansion and renovation during a company-wide event on Thursday, May 18. The 22,000 square foot expansion is already supporting the Company’s rapid growth. While many departments are benefitting from the additional space, the Company’s manufacturing area is most notably affected, growing by 33%. The project also includes a new 1,400 square foot training facility for the Company’s new and existing employees.