Some Maryland watermen hope for new rules to strengthen their crab harvest

If there are as many of the blue-legged crustaceans as watermen and scientists expect, it will be a busy start to the season. A decade ago, the bay’s blue crab population was on the brink of collapsing when Maryland and Virginia agreed to dramatically reduce the harvest of young and female crabs. Biologists credit the rules with helping the crab population rebound and stabilize, and mild weather this winter portends a third-straight year of gains in crab numbers. But the rules could become a victim of their own success. Officials in Gov. Larry Hogan’s administration said this month that they are willing to consider changes to the harvest limits if crab population growth remains strong, just as they are exploring opening some prosperous oyster sanctuaries to harvest. (Wash. Post)

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Montgomery Co. medical marijuana group to raise $4 million in early funding

Green Leaf Medical LLC — one of the few companies that received approval from Maryland regulators to cultivate medical marijuana — said it's raising more than $4 million from investors toward its buildout and operations. The Gaithersburg-based company, led by a local entrepreneur Philip Goldberg, officially closed on one round of funding worth $1.6 million this month, a Securities and Exchange Commission filing shows. (Wash. Bus. Journal)

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Reed Cordish will play role in White House innovation effort

Former Baltimore developer Reed Cordish will have a hand in overseeing a new White House office to overhaul government functions using ideas from the business sector, the administration announced Monday. The effort, which will be led by Trump's son-in-law Jared Kushner, will "focus on implementing policies and scaling proven private-sector models to spur job creation and innovation," the president said in a statement. Cordish has been involved in some of the region's largest developments, including Power Plant Live and the Maryland Live Casino. The company has developed casinos, hotels and other shopping centers across the country. (Balt. Sun)

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Brewers say new bill will hurt craft beer industry

A new bill passed through the Maryland House has craft brewers on their toes. House Bill 1283, a largely Democrat-sponsored bill adopted by the board of economic matters on Wednesday, March 22, will increase the cap on how much Maryland class 5 breweries will be able to produce annually for on-site consumption — from 500 barrels to 2,000 barrels. However, the restrictions on the bill, from mandatory closing hours at 9 p.m. to halting collaborations between breweries, are said to outweigh the positives. (Daily Times)

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How 'Trump slump' affects Greater Baltimore's public companies

The Dow Jones Industrial average is on the verge of its longest losing streak since 2011 and public companies in Greater Baltimore are feeling the impact. The stock market opened lower after House Speaker Paul Ryan pulled a health care bill on Friday that would have repealed the Affordable Care Act, a signature promise by President Donald Trump during his campaign. Ryan and Trump were unable to corral enough support from factions of the Republican Party for the House to even take a vote. (Balt. Bus. Journal)

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BGE to relocate gas meters from inside garages

A report of a gas leak set the stage for an explosion and subsequent fire at a Columbia townhouse complex back in September of 2015. State regulators later learned a vehicle had struck a gas meter located inside a garage of one of the townhomes, and the Public Service Commission subsequently ordered BGE to relocate such vulnerable meters. "Although our equipment met all safety regulations at the time, we certainly agree this is worthwhile---the recommendations that were proposed by the Public Service Commission in terms of protecting meters,” said Justin Mulcahy, a BGE spokesman. (WMAR)

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Baltimore Small Business Owner Meets With President Trump

A Baltimore small business owner says she felt overjoyed as she left the White House after attending a roundtable discussion with President Donald Trump. Lisa Phillips got the opportunity of a lifetime for a small business owner, as she was invited to attend a meeting with the President of the United States. Phillips was the only business owner in Maryland who was invited to Monday’s roundtable, which was held to promote economic empowerment for female business owners. Straight from the White House, Phillips was already back at work Monday, setting up for her next event. (WJZ-CBS)

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Hopkins startup looks to help regrow human tissue with new technology

Millions of bodies suffer a loss of soft tissue — namely skin or muscle — each year. It can result from trauma, natural aging, or even surgery, like a mastectomy for breast cancer patients. Typically, the only option to repair such damage is surgery, and transferring tissue from one part of the body to another. But a group of Johns Hopkins plastic surgeons and scientists envision a better way to repair soft tissue damage, and make patients whole again. (Balt. Bus. Journal)

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