News in brief

Posted: February 3, 2018 at 1:42 a.m.
Updated: February 3, 2018 at 1:42 a.m.

Shared office space opens in Maumelle

Maumelle startup business Jolt Office Hub recently opened at 115 Audubon Drive in the Maumelle Towne Centre.

The business styles itself as a "collaborative shared coworking space" that provides small businesses and entrepreneurs an alternative to working from home.

The 2,000-square-foot space has three levels of offices, including shared desks available on a first-come, first-serve basis and that can be leased for little more than a month and dedicated desks for people who want a little more permanence. There are six private offices.

Jolt Office Hub founder John McCarley, 34, said similar shared office spaces are sprouting like "Starbucks."

"What we are really doing is focusing more on stay-at-home business or work-from-home people, independent contractors or people that work remotely that really need their own place to work that isn't their house," he said.

-- Noel Oman

Groups set seminar on hemp for Feb. 22

With Arkansas farmers getting close to planting the first legal crop of hemp in 80 years, several groups will sponsor a seminar Feb. 22 to help guide the process along.

Arkansas lawmakers passed the Industrial Hemp Act last year, allowing farmers to grow experimental plots.

Supporters of the effort will hold a free seminar on hemp from 6:30 p.m.-9 p.m. Feb. 22 at the Comfort Inn & Presidential Suites in Little Rock. Topics include the difference between hemp and cannabis, rules and regulations behind the new Act 981, and the uses for industrial hemp.

Representatives of the state Plant Board, which is in charge of developing rules and regulations for the act, and those with experience with growing hemp in other states are schedule to attend.

Sponsors of the event include Tree of Life Seeds, an Arkansas-based developer of hemp products; the Arkansas Cannabis Industry; and Ounce Magazine.

Attendance is free, but seating is limited.

For reservations or more information go to: https://tinyurl.com/y8cybd55.

-- Stephen Steed

Arkansas Index falls 5.88, ends at 412.74

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, sank 5.88 to 412.74 Friday.

All but one stock lost ground.

USA Truck jumped almost 25 percent in light trading.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 02/03/2018