BBA: Nearly $200 million in capital investments in 2022; Lucas Cinemas opens in Albertville; Medical Cannabis Commission receives 94 license applications; Torch awarded $10.7 million contract modification

BBA: Nearly $200 million in capital investments in 2022

The Birmingham Business Alliance says that in 2022, nearly $200 million in capital investments were made into the Birmingham metro area. Those investments produced nearly 1,400 jobs.   – AL.com

Lucas Cinemas opens in Albertville

Lucas Cinemas 10 has opened in Albertville, the multiplex’s third location. Other Lucas Cinemas are in Maysville, Kentucky, and Fort Benning, Georgia. The theaters feature heated recliners.  – Bama Buzz

Medical Cannabis Commission receives 94 license applications

The deadline has passed, and Alabama Medical Cannabis Commission has received 94 license applications. The commission will award licenses in a number of categories, including integrated facility, dispensary, processor, cultivator, secure transport and state testing laboratories.  – Alabama Political Reporter

Torch awarded $10.7 million contract modification

Huntsville’s Torch Technologies was awarded a $10.67 million contract modification to provide various types of simulation support for the U.S. Army. The estimated completion date of the contract is March 27, 2024. – Defense Daily