Business
Los Angeles mayor expected to pick new chief for city’s cannabis agency
Los Angeles Mayor Karen Bass is shaking up leadership at several city agencies, including an expected management overhaul at L.A.’s cannabis regulatory agency – which oversees a roughly $1 billion marijuana market.
A listing for an executive director for the Department of Cannabis Regulation (DCR) has been posted on the city’s employment website for several weeks, increasing speculation that interim director Michelle Garakian is on the way out.
The deadline for candidates to submit their applications is 4 p.m. PT Aug. 18.
The annual salary for the position is $155,681 to $276,075, according to the posting.
The DCR executive director oversees a staff of 55 employees and an adult-use marijuana market that generates about $1 billion in annual sales – on par with entire states that have established recreational programs.
Los Angeles’ program recorded first-quarter total taxable cannabis sales were $236,871,994, according to the California Department of Tax and Fee Administration.
Garakian is a longtime DCR insider and former aide to previous Mayor Eric Garcetti, who appointed her in March 2022 as interim Los Angeles marijuana czar.
Garcetti’s mayoral term ended in November 2022, opening the door for Bass, a Democrat and former member of the U.S. Congress who campaigned on affordable housing and homeless-shelter expansion in the mayoral election.
The homeless population in L.A. has nearly doubled in the past decade, with 42,000 living on city streets at any given time, according to estimates.
Some of the mayor’s early large-scale initiatives to house the homeless has already limited the DCR’s efforts to give social equity license holders and other retailers a greater role in the city’s cannabis industry.
The mayor’s office did not response to several MJBizDaily inquiries regarding the open executive director position at DCR and Garakian’s future.
DCR spokesperson Jennifer Marroquin, in an emailed statement, said: “The department supports and defers to the Mayor and the Mayor’s Office on these important decisions in relation to the city’s cannabis industry.”
Since Garakian replaced former executive director Cat Packer, the DCR has dealt with numerous challenges related to licensing, administrative setbacks, legal challenges and greater influence at City Hall, which has few marijuana industry advocates.
“There’s very few council members that are enthusiastic about the industry,” Solomon Rivera, chief of staff for Councilor Marqueece Harris-Dawson, told MJBizDaily in April.
Harris-Dawson is one of the few cannabis industry advocates on the City Council.
Goals and milestones
When Garakian took the post in March of last year, she told MJBizDaily her top priority was unclogging a bottleneck of cannabis business license applications and approvals as well as transitioning a glut of provisional licenses to annual licenses by Jan. 1, 2026, under state law.
She also hoped “to get back to the mission of the department, which is licensing,” Garakian said shortly after taking the role.
The DCR, for its part, has made some significant strides over the past few years under Garakian.
Among them:
- Migrating more than 1,100 applications from the temporary licensing process to the annual licensing process.
- As of July 31, 2023, issuing environmental-review letters to every business with temporary approvals to start the transition from provisional licensure to annual licensure at the state level.
- Fully staffing the agency for the first time in its five-year history with a total of 55 workers.
Perennial problems and new challenges
Despite the accomplishments, large-scale problems persist in L.A.’s marijuana industry.
While the DCR has issued more than 400 social equity businesses licenses, including more than 80 for retail – among the highest totals in the country – getting those licensees up and running has been difficult.
Only a handful of social equity retailers are operational today, as capital shortages and securing approved real estate remain perennial challenges.
More recently, Bass’ plan to build and retrofit thousands of single-family homes and multifamily units for the homeless is creating new obstacles for marijuana retailers and entrepreneurs searching for property in one of the nation’s priciest real estate markets.
Such dwellings – known as Permanent Supportive Housing (PSH) properties – are considered one of several “sensitive uses” under L.A. zoning laws.
Cannabis stores are prohibited from operating within a 700-foot radius of such properties.
L.A.’s vast network of unlicensed operators has continued to flourish as well, even with dozens of illegal stores shutting down throughout the city.
Of course, the illicit market has been an ongoing problem across California for years.
Law enforcement officials across the state have told MJBizDaily they do not have enough personnel or resources to limit the sheer number of unlicensed cultivation sites in the region.
Similarly, most serious marijuana-related criminal penalties – which used to serve as deterrents for many illegal operators – were thrown out in 2016 when California voters approved Proposition 64, the ballot measure that legalized adult use.
To exacerbate matters, the “DCR has no authority under local law to enforce against unlicensed activity … nor do we have any authority to directly influence how other city agencies prioritize their resources to address this issue,” Garakian told MJBizDaily about a year ago.
The agency, however, told MJBizDaily it has addressed 92% of all complaints received to date or referred them to the Los Angeles Police Department for further criminal investigation.
Source: https://mjbizdaily.com/los-angeles-mayor-expected-to-pick-new-chief-for-marijuana-agency/
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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