Connect with us

Business

Moxie: A California Legacy With a History of Quality

Published

on

A history of the award-winning, multistate operator Moxie.

As cannabis policy reform measures continue to take hold across the country, nearly half the states in the nation have now legalized recreational marijuana. With each new state comes new opportunities that have spawned thousands of cannabis operators from coast to coast. But with so many brands out there, consumers can find it difficult to choose new cannabis products with confidence.

Choosing products from a company with a strong history can be one way to navigate through all the brands found at a local dispensary. In four states with legal weed, consumers are finding that California-based Moxie fits the bill as a company with roots in the legacy market that pairs top-of-line genetics with innovative processes to create products that have won more than 100 coveted cannabis industry awards, including dozens of High Times Cannabis Cup trophies.

Since the company’s inception nearly a decade ago, Moxie has prided itself on producing potent, flavorful concentrates fit for the most discriminating cannabis connoisseurs. That reputation continues today with its extensive line of top-self cannabis flower and extractions. Utilizing pharmaceutical-grade technology and strict safety standards in their cultivation facilities, Moxie provides customers with high-quality recreational and medical marijuana products from its library of hundreds of cannabis varietals.

Moxie was founded in California in 2014, even before recreational marijuana was legalized in the state. Operating under Proposition 215, the groundbreaking ballot measure that legalized medical marijuana in 1996, Moxie’s founders set out to make industry-leading concentrates to provide medicinal cannabis patients with effective and enjoyable formulations. Only a year later, the company took advantage of the growing medical cannabis environment and became a multi-state cannabis operator (MSO) with an expansion into the Michigan and Nevada medical marijuana markets in 2016. 

The same year, California voters took the next step in ending the prohibition of cannabis with the passage of Proposition 64, the ballot initiative that legalized recreational marijuana in the Golden State. One year later, the company cemented its place in weed history as the first cannabis company to be licensed by California regulators. The milestones continued to come only one year later with the expansion into Pennsylvania’s medical marijuana market and the 2018 opening of one of the state’s first grower/processor facilities in the state. The same year, Moxie was recognized as the Brand of the Year at the California Cannabis Association Awards.

Recognizing the need for a cannabis industry that treads lightly on the environment, Moxie launched the company’s sustainability efforts in 2020, pledging to be the first carbon-negative cannabis operator. In pursuit of the company’s sustainability goals, Moxie has overhauled its packaging by reducing the use of plastic and using FSC-certified paper, grass paper labels and chlorine-free dyes. Additionally, Moxie’s indoor cannabis cultivation facilities have been outfitted with energy-efficient LED grow lights to maximize efficiency, and the company is working with waste management companies to convert production waste into energy. 

Moxie And High Times

The next big step in Moxie’s history came in 2022 when Hightimes Holding Corporation, the owner of High Timesannounced that it had entered into an agreement to acquire Moxie’s California operations. The acquisition gives High Times new cannabis cultivation and production capabilities to complement its current portfolio of cannabis holdings in California, the largest legal marijuana market in the world, where it operates branded dispensaries and offers licensed cannabis products. The deal also makes High Times the most well-known brand in the Golden State with a vertically integrated cannabis operation. 

“One of Moxie’s most important goals since our founding has been to create cannabis products that are trusted equally by consumers and regulators, which is why we carefully monitor every stage of the cultivation, production, and distribution process,” Jordan Lams, CEO and founder of Moxie, said about the agreement at the time. “High Times shares this belief in the importance of taking care of the cannabis plant and we’re very confident that all Moxie products will continue to be of the highest quality and maintain the trust of local governments and consumers. Our goal now is to continue to bring the Moxie product to markets across the country and maintain these company-wide best practices, while also continuing to be aware of the unique qualities and preferences in each state.”

Currently, Moxie can be found in four states—California, Missouri, Utah and Pennsylvania. The company’s genetics are grown and packaged as cured cannabis flower, or processed into a variety of concentrates. Live resin badder and sauce offer dabs with superior potency and flavor, while vape carts and pods provide convenience. In addition to Moxie, the company’s family of brands includes MX, HighNow and MX Sport, all available at select licensed dispensaries.

Source: https://hightimes.com/business/moxie-a-california-legacy-with-a-history-of-quality/

Business

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

Published

on

By

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.

Continue Reading

Business

Alleged Crores Pharma Scam Mastermind Arrested from Surat

Published

on

By

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.

Continue Reading

Business

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

Published

on

By

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.

Continue Reading

Trending

Copyright © 2022 420 Reports Marijuana News & Information Website | Reefer News | Cannabis News