Business
‘American Pot Story: Oaksterdam’ To Make Hollywood Premiere
American Pot Story: Oaksterdam premieres Thursday at the TCL Chinese Theatres on Hollywood Boulevard.
The feature film American Pot Story: Oaksterdam will have its Hollywood premiere on Thursday, June 29 at the Dances With Films festival in Los Angeles, with festivities planned for the event including an appearance from weed icon Tommy Chong and a Q&A with the film’s directors, Dan Katzir and Ravit Markus. The premiere continues a successful string of screenings for the film about the cannabis legalization efforts of Oakland-based cannabis training school Oaksterdam University, including the world premiere at the Slamdance Film Festival in January that garnered the prestigious Audience Award for Unstoppable Feature.
American Pot Story: Oaksterdam follows two of the driving forces behind the institution, founder Richard Lee and executive chancellor Dale Sky Jones, over a pivotal decade for both the pioneering cannabis college and the marijuana legalization movement.
“In 2010, we read in the newspaper that a group of activists was saying they’re going to do a legalization ballot measure in California,” director Dan Katzir explains in a virtual interview. “To us, it seemed like the media was laughing at them in their faces treating them as stoners that think they can change a policy that will never be changed.”

Film Documents More Than 10 Years Of Activism
Katzir and Markus followed Jones and Lee’s campaign for Proposition 19, the 2010 ballot measure to legalize recreational marijuana in California that captured nearly 47% of the vote. The effort led to the film Legalize It, but the proposition’s failure at the polls gave the film a “sad ending,” says Katzir.
“We didn’t want to end our journey into this world of cannabis activism with that sad defeat,” he continues. “We had a feeling that the story of marijuana policy reform is not over yet, so we decided to do a new film about Oaksterdam, America’s first cannabis school that transformed the entire downtown of Oakland into a hub of marijuana resistance.”
Jones says in a telephone interview that she found it “borderline excruciating” to watch herself on American Pot Story: Oaksterdam when she first viewed the film. But overall, she is quite pleased with the outcome.
“I’m so terribly proud of the story they managed to tell,” she says. “It really did capture the essence of what we were trying to get across.”
To gain support for Proposition 19, the campaign focused largely on how the prohibition of marijuana and the resulting War on Drugs has consumed resources that could be going to other needs including public education.
“It’s my job to tie, whatever it is you care about to the drug war,” states Jones. “Because I promise, the drug war is only one degree of separation from stealing resources from something you care about, including maybe someone you care about.”
“Once you can start drawing lines of the cost of putting someone in prison versus the cost of putting someone in college or even more importantly, putting them in preschool, it really starts to hit home,” she adds. “And I think that’s what this movie does.”
The film also follows the evolution of Oaksterdam over more than 10 years, including a 2012 raid by the DEA that many blame on the efforts to pass Proposition 19. The film also follows the push to draft a new initiative that resulted in the legalization of cannabis in California in 2016.
Hollywood Premiere This Week
The Hollywood premiere for American Pot Story: Oaksterdam will take place on Thursday, June 29 at the TCL Chinese Theatres on Hollywood Boulevard as part of the Dances With Films festival. Running through July 2, Dances With Film is celebrating its 25th year in 2023, featuring screenings of more than 250 films.
The premiere will be followed by a Q&A with Katzir and Markus and film participants Dale Sky Jones, Jeffrey Jones and actor Tommy Chong. Later, an after-party will be held at Teddy’s nightclub at the historic Hollywood Roosevelt Hotel for ticket holders and special guests.
The directors of American Pot Story: Oaksterdam hope the film will be screened at additional events through the summer and have applied to several other film festivals for consideration. They also are vying to be selected by a streaming platform, a process that Katzir says fans can support by following the film on Instagram and Facebook.
Source: https://hightimes.com/news/california-news/american-pot-story-oaksterdam-marks-hollywood-premiere/
Business
Jio’s 1,600-Satellite LEO Constellation Gets Technical Green Light
Reliance Jio has crossed a significant milestone in its space connectivity ambitions after its proposal to deploy a Low Earth Orbit (LEO) satellite constellation of around 1,600 satellites received a positive technical assessment from the Indian National Space Promotion and Authorisation Centre (IN-SPACe).
The evaluation, conducted jointly by IN-SPACe, the Indian Space Research Organisation (ISRO), and the Wireless Planning and Coordination (WPC) wing of the Department of Telecommunications, reportedly concluded that Jio’s proposed system meets the required technical standards and is comparable to leading global satellite broadband networks.
India’s Indigenous LEO Satellite Vision
Under the proposal, Reliance Jio plans to deploy between 1,600 and 1,650 satellites in Low Earth Orbit at an altitude of around 650 kilometres.
The planned constellation is expected to provide high-speed satellite connectivity across India, with approximately 32 satellites visible from any location at a given time. The company aims to roll out the network within the next two to three years, subject to regulatory approvals.
According to industry estimates, the satellite system could deliver 4.5 to 5 terabits per second (Tbps) of total data capacity, making it one of the largest satellite broadband projects proposed in India.
The project is expected to require an investment of $10–15 billion (approximately ₹95,000 crore to ₹1.42 lakh crore), reflecting the scale of infrastructure needed for satellite manufacturing, launches, ground stations, and user terminals.
Regulatory Process Moves Forward
Following the successful technical review, the proposal is expected to move into the next phase of regulatory approvals.
The government may now assist Jio in securing orbital slots, coordinating spectrum usage, and filing applications with the International Telecommunication Union (ITU), the global body responsible for managing satellite orbit and frequency allocations.
Obtaining orbital rights remains a critical step, as Low Earth Orbit has become increasingly competitive due to the growing number of satellite broadband projects being planned worldwide.
Officials also indicated that the proposed satellite architecture has been designed to coexist with future Indian LEO constellations, allowing multiple domestic operators to share orbital resources efficiently.
Broadband, Mobile Connectivity, and Strategic Applications
Jio plans to use the satellite network to provide a range of communication services, including satellite broadband, mobile backhaul, enterprise connectivity, and direct-to-device (D2D) satellite communication, particularly in remote and underserved regions where conventional telecom infrastructure is limited.
The company also intends to establish 20 to 22 ground stations across India to support network operations.
Apart from commercial telecommunications, officials have highlighted the project’s potential strategic importance. A domestically developed satellite constellation could strengthen India’s communication infrastructure, reduce dependence on foreign satellite operators, and support national security requirements.
Reports suggest preliminary discussions are underway regarding the possibility of integrating defence-related payloads into some satellites, enabling both civilian and strategic use.
Major Step for India’s Space and Telecom Sectors
Industry analysts view the technical clearance as an important milestone in India’s expanding private space ecosystem. If Jio secures the remaining regulatory approvals and international orbital clearances, the project could become the country’s first large-scale indigenous LEO satellite broadband network.
The initiative also aligns with India’s broader efforts to expand digital connectivity while strengthening its presence in the global satellite communications market.
Business
Alleged Crores Pharma Scam Mastermind Arrested from Surat
After evading law enforcement for nearly 13 years, an accused linked to a large-scale pharmaceutical fraud case has been arrested by Delhi Police from Surat, Gujarat. The suspect is alleged to have orchestrated a series of financial scams involving fake identities, forged documents, and dishonoured cheques used to procure high-value pharmaceutical raw materials.
Authorities say the accused, identified as Himmat Singh Lodha, is believed to have defrauded multiple pharmaceutical companies in Delhi of goods worth approximately ₹98 lakh before disappearing and remaining underground for years.
Fake Business Deals and Dishonoured Cheques Used in Fraud
Investigators claim the accused posed as a legitimate pharmaceutical trader and placed bulk orders for expensive drug ingredients, offering post-dated cheques as payment security.
In one documented case from 2013, he allegedly obtained around 550 kilograms of Gliclazide, a diabetes-related pharmaceutical ingredient, valued at over ₹26 lakh. When suppliers attempted to encash the cheques, they were reportedly returned with the remark “account closed.”
Following the transaction, the accused allegedly vacated his office and rented residence and disappeared without settling payments. He was later declared a proclaimed offender in 2016 after repeatedly failing to appear before court proceedings. Authorities had also issued a reward for information leading to his arrest.
Multiple Identities and Repeated Fraud Pattern
Police investigations further link the accused to another cheating case dating back to 2012, where he allegedly used a fake identity, “Kailash Jain,” to obtain a large consignment of Ambroxol HCL, a pharmaceutical compound used in cough medications. The value of that consignment was estimated at around ₹72 lakh.
Officials believe the accused followed a consistent modus operandi—posing as a credible businessman, securing high-value goods on deferred payment terms, and then disappearing after delivery while shutting down business operations.
Investigators suspect that forged business records, fake company credentials, and fabricated financial histories were used to build trust with suppliers and gain access to expensive raw materials.
Multi-State Surveillance Leads to Arrest in Surat
A special Crime Branch team tracked the accused through coordinated surveillance efforts across multiple cities, including Mumbai, Ahmedabad, and Surat. After nearly a month of technical monitoring and intelligence gathering, officials located and arrested him from a residential area in Surat.
Authorities also revealed that the accused had been involved in property-related activities while staying under the radar to avoid detection.
Growing Threat of Corporate Identity Fraud
The case highlights a rising trend of organised financial fraud targeting industries that rely heavily on trust-based transactions and deferred payments. Experts note that criminals increasingly exploit gaps in corporate verification systems by using fake GST registrations, temporary offices, and forged documentation to appear legitimate.
Cybercrime and financial fraud specialists warn that such schemes are becoming more complex with the widespread availability of digital business tools, making it easier to create convincing but fraudulent corporate identities.
Experts Urge Stronger Due Diligence in High-Value Transactions
Experts, including former IPS officer and cybercrime specialist Prof. Triveni Singh, emphasize the need for stricter verification procedures in commercial dealings. He noted that relying solely on paperwork or digital business profiles can expose companies to significant financial risk.
Authorities and industry experts recommend physical verification of business operations, bank account validation, and detailed background checks before engaging in high-value or deferred-payment transactions—particularly in sectors like pharmaceuticals, where single consignments can involve transactions worth crores.
Business
EU Pressure Builds on Google as Regulators Face Calls for Massive Fine Over Search Practices
A growing coalition of European industry groups is intensifying pressure on regulators to take decisive action against Google over allegations of unfair search practices that could reshape competition rules across the region’s digital economy.
Investigation Under Digital Markets Act Gains Momentum
The case is being examined by the European Commission under the European Union’s landmark Digital Markets Act (DMA), introduced to curb the dominance of major technology platforms and ensure fair competition.
Launched in March 2024, the investigation focuses on whether Google has been prioritising its own services in search results, potentially disadvantaging rival businesses that rely on online visibility to reach customers.
Industry Groups Demand Swift Action
Several prominent European organizations have jointly urged regulators to conclude the probe without further delay. They argue that prolonged investigations allow alleged anti-competitive practices to continue, putting European companies—especially startups—at a disadvantage.
Signatories include the European Publishers Council, the European Magazine Media Association, the European Tech Alliance, and EU Travel Tech.
In a joint statement, these groups warned that delays in enforcement are affecting innovation, profitability, and growth prospects for regional businesses competing in digital markets.
Google Denies Allegations
Google has rejected claims of bias, stating that its search algorithms are designed to deliver the most relevant and useful results to users. The company has also proposed adjustments to address regulatory concerns.
However, critics argue that these changes are insufficient and fail to address the core issue of market dominance.
Potential Billion-Euro Penalties
If found in violation of the DMA, Google could face significant financial penalties. Under EU rules, fines can reach a substantial percentage of a company’s global turnover, potentially amounting to billions of euros.
Regulators may also impose corrective measures requiring changes to business practices, which could have long-term implications for how digital platforms operate in Europe.
Wider Implications for Big Tech
The case highlights ongoing tensions between European regulators and major U.S. technology firms. In recent years, the EU has taken a more aggressive stance in enforcing competition laws, aiming to create a level playing field for local businesses.
A final ruling against Google could set a major precedent, influencing future enforcement actions and shaping the regulatory landscape for global tech companies operating within Europe.
As scrutiny intensifies, the outcome of the investigation is expected to play a critical role in defining the future of digital competition across the European Union.
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