Alaska

NuSachi Appoints New SVP Of Global Business Development CBD company NuSachi Inc. has named Matt Storey its senior vice president of global business development. Storey will work on partnering with other companies within the hemp and cannabis, wellness, personal care, as well as food...

The medical marijuana market in Alaska is dwindling. Of the state's roughly 800,000 residents, the Last Frontier has just 404 active medical cannabis cardholders, according to 2019 Division of Public Health data. In 2014, the program tallied over 1,700 patients. Joshua Green, the co-...

Alaska regulators announced Thursday the approval of the first retail stores in the state that will be authorized to have customers consume cannabis on-site, reported the Associated Press. What Happened While there are cities in other states that have also authorized marijuana use at cannabis shops...

With Christmas 2019 just celebrated, here is an only-in-Alaska tale of goodies from the sky. While the logistics involved are nowhere near as flawless as Santa Claus' annual air courier trek, phrases like "Ho-Ho-Ho" or "Bah, humbug" may dance in your head. But one thing is certain – Alaska Bypass...

The state-owned Alaska Railroad (ARR) is truly one of a kind. Perhaps its remarkable history and potential was what enticed a private company, the Alaska to Alberta Railway Development Corporation (A2A Rail) to pitch its vision of a 1,500-mile rail link from Alaska to northern Alberta. The link, to...

Logistics in Alaska can be both amazing and frustrating. Alaska is the most expansive and diverse logistics laboratory in the United States. Take the largest state in the nation, yet the third least-populated, spread the people throughout the state, support them with only basic infrastructure...

Like all regulations of business activity, there is always a political element to it. They are meant to achieve some goal that the marketplace alone is not able to achieve. In the case of Hours of Service (HOS) regulations, the intent is to incentivize trucking companies (by threat of fines) to...

Revenues generated from Alaskan energy exports could be the key to closing a wide infrastructure gap that some assert has left the U.S. a decade behind its competition. Testifying on Capitol Hill on May 8, Mead Treadwell, an Arctic policy expert from the Woodrow Wilson Center in Washington, D.C.,...

Everything in Alaska is outsize – the sprawling land mass, the harsh weather, even the logistics companies aiming to tame the last frontier. One of the state's largest transportation services providers is Lynden Incorporated, an Alaska-based family of companies that pioneered regular...

At Ted Stevens Anchorage International Airport (ANC), geography is all. The airport is located roughly halfway between Tokyo and New York City, and those coordinates translate into a booming cargo business. Anchorage is the fifth-largest in volume cargo airport in the world, after Dubai. About 80...

SAExploration Holdings Inc (NASDAQ: SAEX) is the latest example of the powerful market combination of a low float and high trading volume. Shares were trading higher by another 35 percent Friday after Morgan Stanley (NYSE: MS) revealed in a 13G filing Thursday it has raised its stake in...

Facebook Inc (NASDAQ: FB) Co-Founder Mark Zuckerberg expressed his desire to one day see the U.S. government hand out a basic income so everyone can pursue their dreams. In other words, he thinks taxpayer funds should be allocated to people who don't work -- a noble and bold idea but one that...

Shares of Canadian exploration company Northern Dynasty Minerals Ltd (NYSE: NAK) are down more than 5 percent in Tuesday’s pre-market session after Kerrisdale Capital released a scathing new report urging investors to sell the stock. Kerrisdale believes the huge run-up in Northern Dynasty...

Tesoro Logistics LP (NYSE: TLLP) disclosed it agreed to buy storage and terminalling assets in Alaska owned by subsidiaries of Tesoro Corporation (NYSE: TSO), for a consideration of $444 million. According to the company, the Alaska storage and terminalling assets included crude oil, as well as,...

The Alaskan Mount Pavlof volcanic eruption on Sunday grounded dozens flights and limited travel to western and northern communities, temporarily displacing tens of thousands of travelers. According to USGS, the volcano sent an ash cloud to 37,000 feet above sea level and the Volcano Observatory...