Medical cannabis flies off the shelves as dispensaries open in Montgomery County

Within its first 15 hours of selling medical cannabis, Potomac Holistics was already completely out of marijuana buds, owner William Askinazi said Monday. “We had lines out the door and down the hallways,” Askinazi said of Friday’s opening. After running out of the marijuana buds, the dispensary off Darnestown Road in the Shady Grove medical district had to close Sunday and Monday. (Bethesda)

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First Cross Street Market pop-up restaurant opens Tuesday

The first of five new pop-up stalls launched Tuesday in Federal Hill's Cross Street Market. Smoke BBQ, an outpost of Chef Josh White's barbecue restaurant in Cockeysville, opened for its first day of business in the market at noon. An opening-day post on the pop-up's Facebook page says it aims to mix "some old school bmore (while you can) with some nü school bbq." (Balt. Bus. Journal)

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Chevy Chase Supermarket to close in April

Chevy Chase Supermarket, a family-owned grocery store for nearly 60 years, will close in April. Brothers and co-owners Jason and Kevin Kirsch announced the closure on Facebook Tuesday morning. “Without the support of our dedicated employees and this community, we would not have prospered through the years. We are grateful,” Jason Kirsch wrote in a statement. “However, we are now facing the inherent risk associated with leasing space, and we are compelled to share this news in order for our community and long-time, loyal employees to plan accordingly.” (Bethesda)

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Hampden readies for a second cat cafe

Baltimore cat lovers will soon have two options for hanging out with cats and a cup of coffee. Neko No Kafe, a coffee shop offering visitors the opportunity to interact with adoption-ready cats, is planning to open on Falls Road in Hampden early next year. The news comes two months after Charm Kitty Cafe debuted at Whitehall Mill, several blocks away, in late September. (Balt. Bus. Journal)

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Bethesda 'microlearning' health startup Mytonomy raises $7 million

Bethesda health startup Mytonomy Inc. is closing a $7 million Series A round from multiple investors, including Columbia-based MedStar Health and the venture arm of global electronics giant Philips (NYSE: PHG). Launched in 2016, Mytonomy offers "microlearning" software tools to provide patient education that can be accessed anywhere via the internet. For example, instead of giving patients broad education materials in the form of pamphlets or printouts, the software offers the information through online education modules in short, clear bursts specific to their procedure or diagnosis. (Wash. Bus. Journal)

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December 5 // Realtors say tax bill will hurt Maryland housing prices from 10-20%

According to the NAR, homeowners in New Jersey, Connecticut, Illinois, New Hampshire, Maryland, Rhode Island, Virginia, Wisconsin, Georgia, Minnesota, New York, Ohio, Pennsylvania, and Texas (in order of sharpest decline with New Jersey most impacted) would see the sharpest dives. Estimated drops range from 10% on the low end to 21% at the high end. (Forbes)

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Kamenetz proposes more than $40 million in county aid for Towson Row

Baltimore County Executive Kevin Kamenetz has proposed giving nearly $43 million to the developers behind the long-stalled Towson Row in downtown Towson to jump-start the project. The county would give the money to developers Greenberg Gibbons and Caves Valley Partners over the next five years. The money would be repaid via the real estate and hotel taxes generated by the project over the next 20 years. (Balt. Sun)

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Under Armour's chief digital officer is departing the company

Under Armour Inc.'s top digital executive is departing the company as the sportswear maker continues to refine its focus amid a restructuring plan. Michael Lee, chief digital officer or Baltimore-based Under Armour, and his brother Albert Lee, will leave in January. Paul Fipps, the company's chief technology officer, will now oversee Under Armour's connected fitness and digital offerings. The company is also bringing on former Yahoo executive Michael La Guardia as a senior vice president overseeing digital products. (Balt. Bus. Journal)

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