Tagged: arkansas department of finance & administration

Marijuana Insurance Buds in Arkansas

by Mark Friedman 11/20/2017 12:00 am

The moment last year that Arkansas voters approved the use of medical marijuana, Paul Dunn knew he wanted to sell insurance for the industry. But it won’t be easy. The federal government still considers marijuana illegal.

CJRW Drops Gary Heathcott From Scholarship Lottery Work

by Kyle Massey 11/13/2017 12:00 am

Little Rock marketing agency CJRW has removed Gary Heathcott from the Arkansas Scholarship Lottery account, the agency says, less than three years after acquiring his services and his list of clients in a much-ballyhooed deal.

Arkansas Year-to-Date Revenue Misses Forecast by $36M

by Sarah Campbell-Miller 11/2/2017 10:17 am

Arkansas revenue collected during the first four months of the fiscal year was up 1.3 percent from the same period last year, but $36 million below forecast, according to a monthly report.

Natural State Medical Group Holds Breath for Marijuana License

by Arkansas Business Staff 10/16/2017 12:00 am

Natural State Medical Group Inc. has applied for a medical marijuana license and has sold $925,000 worth of shares of the company, according to its Oct. 2 filing with the U.S. Securities & Exchange Commission. Its total offering amount is $4.5 million.

Grocery Store Applications for Wine Permits Pour Into ABC

by Arkansas Business Staff 10/9/2017 12:00 am

The Arkansas Alcoholic Beverage Control Division began accepting applications for grocery store wine permits one week ago, a development permitted by the Legislature’s passage this year of Act 508, which allows grocery stores in “wet” counties to sell an expanded selection of wine.

As State Looks for Banks, Big Names Poised to Enter Medical Marijuana Industry

by Arkansas Business Staff 10/2/2017 12:00 am

If at least one Arkansas bank doesn’t step up to the plate by Dec. 1, legislators will look for another option to protect the state from the dangers of an all-cash industry.

DF&A Names Scott Hardin Communications Director

by Arkansas Business Staff 7/24/2017 8:46 am

The Arkansas Department of Finance and Administration says Scott Hardin has been hired as its director of communications, effective July 31.

Municipal League Seeks Special Session to Collect Online Sales Tax

by Mark Friedman 7/17/2017 12:00 am

It may be futile, but several Arkansas cities are urging Gov. Asa Hutchinson to hold a special session to pass legislation to force out-of-state online retailers to start collecting sales taxes.

Medical Marijuana Rollout Sparks Interest Among Arkansas Entrepreneurs

by Sarah Campbell-Miller 7/3/2017 12:00 am

The state began accepting applications Friday from those wishing to grow and sell marijuana for medical use, but when the drug might make into the hands of patients is still anyone’s guess.

How to Score 100 on Marijuana Business Applications in Arkansas

by Sarah Campbell-Miller 7/3/2017 12:00 am

Applications to grow and sell medical marijuana, which are due Sept. 18, will be scored using a 100-point scale.

Vesuvio Bistro Dunned by State DFA

by Arkansas Business Staff 5/15/2017 12:00 am

Vesuvio Bistro at 1315 Breckenridge Drive in Little Rock was served with a closure notice by the state May 4. But owner Bill Criswell says it was all a misunderstanding.

DentaQuest Sues Procurement Director Over Dropped Medicaid Bid

by Arkansas Business Staff 4/17/2017 12:00 am

Disclosure provisions in the state’s competitive bidding process have landed Procurement Director Edward Armstrong in the hot seat again.

Jonesboro Hotel Liens Raise Early ‘Red Flags’

by Mark Friedman 4/17/2017 12:00 am

The $30 million Jonesboro Hyatt Place Hotel & Convention Center is facing contractors’ liens totaling nearly $900,000 and might not open next spring as planned.

Disputed Contracts Place Procurement in Spotlight

by Kyle Massey 3/13/2017 12:00 am

Disputes over recent state contracts have put Republican lawmakers at odds with the Republican governor, angered potential vendors and muddied understanding on what businesses can expect from the process of awarding state work.

Push On To Collect Sales Tax Online

by Mark Friedman 2/6/2017 12:00 am

Online sales grew to 8.2 percent of all retail sales in the U.S. last year, and projections of continued growth finally seem to be creating the political will to tax internet purchases.

As Arkansas Lottery's Luster Fades, Numbers Signal Challenges

by Kyle Massey 1/23/2017 12:00 am

In the years since the first tickets were sold in 2009, the lottery has lost much of its glossy newness, leaving hard numbers to do the talking.

Lottery Scholarship Has Evolved Since Halter’s First Proposal

by Kyle Massey 1/23/2017 12:00 am

It was late 2005 or early 2006, Bill Halter recalled, and he had decided to run for lieutenant governor. His vision was to rally Arkansans to a cause: a lottery to provide money for college scholarships.

No Contract, No Conflict: Logic of a Lottery Ad Bid

by Kyle Massey 1/16/2017 12:00 am

Reasons given by the state procurement director on why CJRW was picked for a lucrative Arkansas State Lottery contract over two others has puzzled several Little Rock ad professionals.

Ad Agencies Ponder Lottery Numbers

by Arkansas Business Staff 12/12/2016 12:00 am

Scoring tabulations have left some puzzled Little Rock advertising professionals trying to get the Office of State Procurement’s math to add up.

Heathcott Hopes CJRW Selected as Lottery's First Pick

by Arkansas Business Staff 11/21/2016 12:00 am

The battle for an Arkansas Scholarship Lottery marketing contract worth more than $5 million a year is down to three Little Rock advertising finalists.