Business
Can a small Arizona town jump-start late-night cannabis retail?
The desert Southwest typically isn’t known for trendsetting, but it’s blazing a new trail for all-night cannabis stores.
The Las Vegas and Phoenix markets, hot spots for day drinking and nightclubs, are bringing their serious approach to good times to the cannabis industry.
And now Guadalupe, a small Arizona town less than one square mile in size bordering Phoenix, has joined Las Vegas in breaking the mold of traditional retail by allowing consumers to purchase cannabis after midnight.
The shift makes sense in the right market and reflects the fun, recreational aspect of cannabis, according to retail expert Maddie Scanlon.
New York state, a trendsetter in music, fashion, finance and other realms – and home to “the city that never sleeps” – is taking note.
State regulators have signaled that late-night marijuana sales could be part of the mix when the state launches its recreational cannabis market, touted to open by year’s end.
As marijuana gets more integrated in mainstream culture and normalized, perceptions can change quickly.
“If you’re out late at night, you would expect a thing like cannabis to be for sale, just like you would be able to go into a bar and get something to drink,” said Scanlon, senior insights analyst at Chicago-based market research firm Brightfield Group.
Local economics and business development have been key drivers for early adopters.
Guadalupe, formally incorporated in 1975, is trying to reverse decades of economic blight and government mismanagement with tax-revenue boosters to help support its tiny community of fewer than 6,000 residents, a mix of Mexican descendants and members of the Pascua Yaqui Tribe who have lived on the land for a century.
These rare retail allowances have positioned a small segment of cannabis stores in the Southwest to capture business, build brand loyalty and normalize legal late-night marijuana sales long after most traditional retailers and competitors have closed their doors.
Retail cannabis operations are prohibited to be open after 10 p.m. in most states, including California and Illinois, and are still rare in markets that allow them, such as Arizona and Washington.
For those that remain open well into the wee hours, geography, a free-market ethos and cultural acceptance have played key factors as well.
“Being in the West, they’re able to accelerate and do things that some of the East Coast and Midwest markets just haven’t been able to do,” Scanlon said.
“Vegas makes a lot of sense to have 24-hour dispensaries, and I’m sure they’ll be able to keep them staffed and flowing overnight. But the middle of Michigan, probably not.”
What happens in Vegas
Las Vegas, staying true to its round-the-clock entertainment roots and libertarian streak, is leading the late-night charge by a long shot.
A quick Yelp search calls up more than a dozen after-midnight retailers.
Planet 13, just off the famed Las Vegas Strip, is the largest among them.
The vast, 112,000-square-feet megastore – basically the size of a typical Target – has been operating 24/7 since opening four years ago.
The retailer not only benefits from a steady stream of vacationers – some visit with luggage in hand – but also a continuous feeder system of consumers about town, as well as convention attendees, concertgoers, casino patrons, NFL and NHL fans and foes, hospitality workers and other late-night shifters who expect services anytime.
It’s also located near adult-entertainment venues, hundreds of restaurants and dozens of bars and nightclubs.
“We’re in this culture of all-day, all-night experiences,” said David Farris, Planet 13’s vice president of sales and marketing.
“It’s really what Las Vegas is built for.”
Freshly minted
Last month, Arizona-based Mint Cannabis launched overnight sales at its flagship dispensary in Guadalupe, believed to be the first beyond Las Vegas to approve retail after midnight.
On Oct. 13, the first night of late-night retail in Guadalupe, lines snaked around the 5,000-square-foot dispensary – the largest in Arizona – and down the street, zigzagging into the neighboring hotel parking lot.
“Everybody wanted to come in and do this midnight madness sale,” co-owner Raul Molina said.
From midnight until 8 a.m., Mint generated $39,000 in transactions, more than doubling Molina’s goal of $16,000.
Since then, the store is averaging about $6,000 in sales during the graveyard shift Thursdays, Fridays and Saturdays.
That’s about $70,000 per month that none of the state’s other 120 or so marijuana retailers can claim.
The rest of the week, Mint closes at midnight.
Desert ties
The retailer’s location in Guadalupe holds other benefits as well.
The town is nestled between the urban sprawl of Phoenix and the city of Tempe, home to one of the nation’s largest college campuses, Arizona State University.
Beyond sprawl, climate and topography, the Phoenix and Las Vegas markets share other key attributes.
Their freeways make cannabis stores accessible to millions of consumers within a 30-minute drive.
Both markets, which are roughly 300 miles apart, also have a vibrant base of young adult consumers and offer plenty of late-night entertainment options.
“A young, millennial, outgoing party audience is definitely going to respond well to a 24-hour dispensary,” Brightfield’s Scanlon asserted.
Traffic at Mint spikes from 2 a.m. to about 3:30 a.m., according to Molina.
“You do have all the bars closing. You have a lot of restaurants that are shutting down,” he said.
“A lot of those service people that are getting off those jobs are swinging by and picking up products.”
It helps that metro Phoenix is a dynamic hospitality market as well, attracting millions of tourists annually for spring training baseball, golfing events, major college football bowl games, its renowned national and state parks as well as nightlife and shopping in Scottsdale.
In February, suburban Glendale will host the NFL’s Super Bowl.
Anomaly or trend?
A vibrant, late-night entertainment culture might support overnight cannabis retail in metro Phoenix and Las Vegas, but those dynamics don’t exist in most markets, Scanlon contends.
“Being able to buy it at night will make sense for a lot of consumers in a lot of places,” she said. “Others, it won’t.”
At least one influential market is taking a close look, though.
New York regulators indicated in recent guidance that marijuana stores could operate until midnight and perhaps later if granted written permission by local municipalities.
The global finance and cultural hub, given its influence, could spur changes in other markets.
But it’s a bit early to tell if late-night dispensaries will trend nationwide, according to Scanlon.
“It’s hard to say how widespread a phenomenon like this is going to become.”
Source: https://mjbizdaily.com/late-night-cannabis-retail-sales-las-vegas-arizona-new-york/
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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