Investing in the marijuana business these days doesn't require bags of cash or secret handoffs, but there are still risks, and experts advise looking before leaping into the new medical cannabis industry.
The $17 million cash deal for the parent company of Dardanelle's River Town Bank is expected to close by the end of July.
Six months ago, White River Bancshares entered the realm of publicly traded companies with little fanfare. The corporate transition of the parent company of Fayetteville's Signature Bank of Arkansas coincided with the lender's most profitable year ever.
An affiliate of Hamilton Point Investments purchased the 384-unit apartment project in North Little Rock from Riverpointe Development LLC, led by Keith Richardson. read more >
El Dorado's First Financial Banc Corp. recently launched a $25 million capital raise, an 18.5% boost to its current equity capital of $134.6 million. read more >
Michael Hoggard has been promoted to vice president-controller and information security officer of Citizens Bank in Batesville. Sandy Starnes has also been promoted, to director of marketing. read more >
Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there." read more >
Chairman Jerome Powell signals that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trade tensions. read more >
Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an awards luncheon in September. read more >
Murphy Oil Corp. of El Dorado has closes on its $2 billion deal to shed its offshore operations in Malaysia, adding that it has also repurchased $300 million in stock. read more >
After two months and $2 million in sales, Arkansas' spanking new medical marijuana industry is poised to break a supply logjam. read more >
If you win the no-reserve auction starting at 4 p.m. Central time Tuesday, your home can, in fact, be your castle. read more >
The $31 million Chancellor Hotel deal in Fayetteville now comes with a backstory that is the subject of breach-of-contract litigation in Washington County Circuit Court. read more >
Investing in opportunity zones means investing in communities around Arkansas and joining the broader effort to combat poverty and geographic inequality. read more >
Tom Snyder was named chair of the Department of Economics, Finance & Insurance & Risk Management in the College of Business at the University of Central Arkansas in Conway. read more >
A super convenience store in Jacksonville, three grand homes in west Little Rock and a mini-storage project in south Little Rock join forces in this week's roster of million-dollar real estate transactions. read more >
President Trump's trade war with China is creating casualties in Arkansas. Soybean farmers have seen their exports to China plummet as prices have dropped 15%. read more >
Accusations of corporate mismanagement against the former CEO of NanoMech, Jim Phillips, have intensified into allegations of self-dealing and securities fraud. read more >
The mission of the Arkansas Center for Data Sciences is twofold: to narrow the gap between open technology jobs in the state and the talent available to fill them, and to help existing businesses use data analytics to better compete. read more >
Jason Hornsby has been hired by Stone Bank to be the head of the bank's home loan division in Little Rock. read more >
Yang Luo-Branch, president of the Arkansas Association of Asian Businesses, says her organization seeks to bridge Arkansas and Asia. read more >
BDP Holdings LLC of Little Rock, led by Brent Medders, has purchased the former 1,232-SF Sonic at 101 Carnahan Drive in Maumelle for $325,000. read more >
Sound Seal, a portfolio company of The Stephens Group LLC and a manufacturer of noise control products, announced Wednesday that it has acquired Illinois-based Noise Barriers LLC. Noise Barriers will operate as a stand-alone division of Sound Seal. read more >
The largest city in Arkansas is working through fiscal issues inherited by a new mayor and concerns about an out-of-balance budget. Buried in Little Rock's debits and credits is a potential pool of cash that isn't what it seems. read more >
Former Arkansas Razorbacks football stars like Jim Lindsey and Bill McClard have made real estate their second careers. Some, like former Hog and NBA player Joe Kleine, are happy to be investors. read more >
Tree of Life Seeds Inc. will use a $500,000 injection to consolidate its locations across the country to its Little Rock headquarters. read more >
Second & Louisiana Properties LLC, led by Warren Stephens, bought a half-block along the west side of Louisiana Street between Second and Third streets with plans to remove four buildings. read more >
Alyssa Arthur and Weston Woodruff have joined the Capital Markets Group as analysts at Crews & Associates in Little Rock. read more >
Olivia Farrell, the former CEO of Arkansas Business Publishing Group, accepted her honor of being chosen as the Rotary Club of Little Rock's Business & Professional Leader of the Year by expanding on her successful fivefold business philosophy. read more >
Middleton Properties LLC paid $5.9 million for 4 acres and Delta Group Electronics' 37,600-SF facility on West Technology Way in Fayetteville. read more >
The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. read more >
The purchase of Tyronza Bancshares Inc. by Big Creek Bancshares Inc. represents a nearly $8.5 million transaction. The acquisition of the parent company of Marked Tree's First Delta Bank is an all-cash deal. read more >
An affiliate of AMG Realty Group bought the 372-unit Colonial Parc Apartments and the 124-unit Meadowcrest Apartments from Colonial Park RBG LLC of West Plains, Missouri. read more >
