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Maryland Legalizes Weed – What You Need To Know

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Another state has gone legal and is about to, hopefully, benefit from a growing legal revenue source and wipe out the black market and all the issues that surround the illegal side of the industry.  Governor Wes Moore of Maryland signed Senate Bill 516 regulating the legal commerce of adult-use cannabis after state legislators sent it to hime for approval in April..  By July 4th, legal sales can start in the state (making for an excellent holiday weekend).

During the signing ceremony for the legislation, Moore expressed that the new law would guarantee the fair distribution of opportunities to introduce recreational cannabis in the state. He acknowledged the damage caused to low-income and communities of colour by the past criminalization of marijuana.

He emphasized the importance of ensuring that the legalization of marijuana now benefits these communities in a significant way.

Maryland Voters Legalized Cannabis In November

Question 4, a state referendum that gained almost two-thirds of the vote in November, legalized recreational marijuana in Maryland. The bill signed by Moore paved the way for enacting this legalization. It allows individuals aged 21 and over to possess a maximum of 1.5 ounces of cannabis and cultivate up to two cannabis plants at home.

The passing of Senate Bill 516 also creates a structure for regulating recreational marijuana in Maryland. The legislation involves the formation of a new division for regulation and enforcement under the existing Alcohol and Tobacco Commission. The division will be renamed the Alcohol, Tobacco, and Cannabis Commission.

As shared in the site Cannabis.net Below is a summary of the Maryland cannabis regulation legislation, approved by legislators as SB 516 and HB 556:

  • A tax rate of 9% will be applied to recreational cannabis sales, while medical marijuana sales will be excluded from this tax.
  • A community reinvestment fund will receive 35% of the revenue from marijuana taxes. A Cannabis Public Health Fund, Counties, and a Cannabis Business Assistance Fund will each receive an additional 5%.
  • The newly established Maryland Cannabis Administration will regulate the program.
  • Existing medical cannabis dispensaries will transition to dual licensees upon payment of the required fee once legalization takes effect on July 1.
  • By July 1, 2024, regulators will begin approving additional licenses for marijuana businesses.
  • Ultimately, there will be a licensing limit of 300 dispensaries, 100 processors, and 75 growers. Smaller micro businesses will have a limit of 100 cultivators, 10 dispensaries, and 100 processors.
  • The State Department of Commerce will establish a Capital Access Program to promote industry opportunities for social equity applicants and provide low-interest loans.
  • The sale of delta-8 hemp products on the broad market will end, and intoxicating cannabis products must be sold through licensed marijuana businesses.
  • Localities cannot levy additional taxes or prohibit existing medical cannabis businesses that convert to dual licenses from operating in their region.
  • Medical cannabis patients can grow a maximum of four plants for personal use. They will not be required to pay taxes on medical marijuana products.
  • New dispensaries will not be permitted within 500 feet of childcare facilities, schools, playgrounds, libraries, recreational centres, or public parks. They must also be at least 1,000 feet apart from each other.
  • The conversion fee for existing medical cannabis businesses to become dual licensees is 10% of gross income from growers and processors, capped at $2 million, and 8% of gross revenue for dispensaries at the same cap.
  • Under the new law, a single business entity cannot own more than four dispensaries.
  • At least 25% of dispensary shelf space must be reserved for cannabis products from social equity licensees.
  • There will be a 10-license cap on microbusinesses, and there is no provision for regulators to authorize more in the future.
  • On-site consumption facilities will not permit smoking indoors, but outdoor patios at licensed facilities will be available for smoking.
  • Dispensaries will be permitted to repackage products under the new law.
  • Regulators are required to create rules for internet marijuana sales by July 2025.

New Law Includes Social Equity Provisions

The new law in Maryland aims to promote equity in the cannabis industry and provide ownership opportunities for those negatively affected by marijuana prohibition. The first licenses granted

The applicant must have at least 65% ownership by an individual who has lived in a “disproportionately impacted area” for five of the last ten years or attended a public school in such an area.  How MSOs like Nature’s Medicines will work with the social equity applicants in Maryland will be similar to how partnerships work in other states like Massachusetts and the newly formed New York market.

Starting in 2025, Maryland will allocate $5 million annually for grants to existing medical cannabis dispensaries that form “meaningful partnerships” with social equity applicants. These partnerships must include training, mentorship, or shared business space. This program encourages collaboration between established businesses and social equity applicants to promote a more equitable and diverse cannabis industry.

Democratic Del. C.T. Wilson stated during a March committee hearing for Senate Bill 516 that the bill establishes a new Office of Social Equity within the cannabis division. The aim of encouraging participation from individuals belonging to communities that were disproportionately affected by the war on drugs.

The new law provides for the automatic expungement of past convictions for activities that are now legal. Individuals currently serving sentences for such offences are eligible for resentencing. Those with convictions for possession with intent to distribute can petition for expungement three years after completing their sentences.

At the start of the year, some portions of the referendum became effective. Possessing up to 1.5 ounces of cannabis was reclassified as a civil offence, carrying a penalty of a $100 fine. For possessing more than 1.5 ounces but less than 2.5 ounces, the sentence was increased to a $250 fine.

It seems Washington DC is being hemmed in by legal states.  What will Congress do next?

Source: https://thefreshtoast.com/marijuana-legislation/maryland-legalizes-weed-what-you-need-to-know/

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Jio’s 1,600-Satellite LEO Constellation Gets Technical Green Light

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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.

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Alleged Crores Pharma Scam Mastermind Arrested from Surat

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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.

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EU Pressure Builds on Google as Regulators Face Calls for Massive Fine Over Search Practices

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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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