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.
The U.S. Bankruptcy Court for the District of Puerto Rico received more than 1,000 petitions in May, when filings were up 0.7 percent in comparison to the same month in 2013, according to information provided Monday by local research firm Boletín de Puerto Rico.