A wave of new developments is sweeping across Loíza Street, injecting renewed vibrancy into this well-known sector of San Juan and highlighting once again the area's resilience in the face of Puerto Rico's endless recession.
Las Vegas, Nevada-based GrowBLOX Sciences Inc., a biotechnology and research company, announced Tuesday it has opened a local subsidiary, GB Sciences Puerto Rico Inc. in anticipation of what it believes will be the legalization of medical marihuana on the island.
Doral Financial Corp. announced Monday it has entered into an agreement to sell $242.1 million in loans to FirstBank Puerto Rico through a transaction that closed May 30.