Business
Want to Sell Weed in Guam? – Good, Because No One Has Applied for a Retail Cannabis License, Yet!
Why has on one applied to sell cannabis legally in Guam?
Slowly but steadily, Guam’s recently established recreational marijuana industry is taking shape. Guam’s Cannabis Control Board has approved 11 “responsible officials,” or government-designated corporate leaders who must be in place before a company can acquire a recreational license, as officials anticipate requests for cannabis business licenses.
According to the Pacific Daily News, the board recently approved Trisha Blas as a responsible official for an ambitious cannabis manufacturing plant named Guahannabis LLC. The board also authorized Eugene Arriola’s responsible official application for The Heights Farm, which aims to grow cannabis in a location with a maximum of 2,500 square feet of canopy space.
The Department of Revenue and Taxation also affirmed that a third prospective responsible official application, filed by Wang-Chieh “Ronald” Su for the “Herbal World” cannabis retail outlet, has been withdrawn by Su, who expects to resubmit it once a cannabis testing facility is operational,
According to the news site, nine relevant officials had previously been approved and have been told of the following procedures to apply for cannabis establishment licenses. However, no one has yet filed for a permit.
“They have it, they’re focusing on their paperwork,” Craig Camacho, compliance supervisor for the Guam Department of Revenue and Taxation, informed the Pacific Daily News.
Last year, Jeff Wells, CEO of Metrc, the seed-to-sale monitoring system used by Guam, stated that the firm was “eager to take on the challenge O this new regulatory opportunity.” “Metrc is happy to cooperate with the Department of Public Health and Social Services as Guam establishes its medical cannabis industry. Merc is excited to collaborate with licensed business owners and regulators to launch the island’s first regulated track-and-trace program. “We are happy to take the lead in safeguarding the security and safety of the nation’s legal cannabis industry,” Wells said at the time.
More Hands On Deck
According to Pacific Daily News, Guam’s Cannabis Control Board approved two additional “responsible officials” on Monday. Nine other people who received the designation already had the regulator’s approval. Those persons were briefed on the next procedures at a Nov. 17 conference. They were handed the application paperwork required to establish a cannabis establishment.
A compliance supervisor for the Department of Revenue and Taxation, Craig Camacho, was quoted by Pacific Daily News. He affirmed to the Cannabis Control Board that the responsible officials have their applications and they’re preparing their paperwork. However, they have yet to file their application to the office for consideration or review.
Lou Leon Guerrero, Guam’s governor, announced late last year that the state had “signed a deal with Metrc. Metrc is a proven provider of cannabis regulatory systems within the United States.” “Over the last decade, there has been significant evidence that marijuana offers therapeutic benefits.
According to Guerrero, the final evaluation of the laws and regulations for the cannabis industry by the state’s Cannabis Control Board will ensure proper control of recreational cannabis use and promote safe and regulated cannabis products. Guerrero also added that the cannabis industry will assist their community. The sector will fund other public health and safety services and offer alternative rehabilitation and treatment to those in need.
According to Guam lieutenant governor Josh Tenorio, “being an island territory and tourism hub, Guam’s cannabis sector confronts unique obstacles in terms of regulation and control.” “We are excited about this historic collaboration between Metrc and DPHSS. The collaboration will help the government in implementing the secure and responsible deployment of our cannabis business on Guam, and providing us with the tools we need to assure our success,” Tenorio stated.
Cannabis Legalization In Guam
Cannabis was initially introduced in Guam in the Vietnam War when US military personnel were stationed on the island. However, until the end of 2014, the Joaquin (KC) Concepcion II Compassionate Cannabis Use Act of 2013 legislated medicinal cannabis in Guam.
Subsequently, Guam legalized recreational cannabis use in 2019 by enacting the Guam Cannabis Industries Act. The Guam Cannabis Industry Act was signed into law by Governor Lou Leon Guerrero. This historic feat legalized the use, possession, and home cultivation of recreational marijuana in the state.
A cannabis patient may now possess a maximum of 2.5 ounces of medical cannabis without a doctor’s prescription. Furthermore, anyone above 21 can cultivate up to 6 plants or possess up to 1 ounce of cannabis for personal use (3 immature and 3 mature). According to NORML, the law legalizes the personal use and possession of cannabis by adults. It also imposes laws regulating the plant’s production process and retail sales.
The law allows those at least 21 years old to transfer and possess up to an ounce of cannabis flower or 8g of concentrated marijuana. The law also allows individuals to grow up to six marijuana plants (maximum of three mature plants) in a “locked, enclosed room” for personal use.
“However, public use of cannabis will continue to be illegal,” NORML stated after the measure was adopted. “The Act establishes a new regulatory board to develop rules governing the plant’s commercialisation and retail sale. The committee has a one-year deadline to develop the guidelines that will permit the operations of licensed cannabis enterprises.”
Conclusion
Guam’s cannabis industry has taken longer than expected to take off. Despite noticeable progress in Guam’s cannabis industry, logistical and political obstacles have resulted in the island having no licensed and functioning medical cannabis businesses. This is partly because it took long for the state to choose a provider for a track-and-trace license and sales system. But with these problems already fixed, it now appears that a robust cannabis sector is only around the corner.
Suppose you’re one of the numerous cannabis-minded entrepreneurs looking to join on the ground floor of Guam’s growing cannabis market. In that case, there’s a lot to do. But first, you will need to carefully navigate Guam’s new and untested cannabis legislation and standards to ensure the success of your new cannabis venture!
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.
-
Business3 years agoPot Odor Does Not Justify Probable Cause for Vehicle Searches, Minnesota Court Affirms
-
Business3 years agoNew Mexico cannabis operator fined, loses license for alleged BioTrack fraud
-
Business3 years agoAlabama to make another attempt Dec. 1 to award medical cannabis licenses
-
Business3 years agoWashington State Pays Out $9.4 Million in Refunds Relating to Drug Convictions
-
Business3 years agoMarijuana companies suing US attorney general in federal prohibition challenge
-
Business3 years agoLegal Marijuana Handed A Nothing Burger From NY State
-
Business3 years agoCan Cannabis Help Seasonal Depression
-
Blogs3 years agoCannabis Art Is Flourishing On Etsy
