BVI Court Greenlights Bank of Asia Deal: Soulpower Acquisition Corp and SWB Holdings say the BVI High Court has approved the Bank of Asia (BVI) Limited liquidation asset sale tied to the proposed transaction, with remaining closing conditions including SWB’s banking license and deposit protection approvals. Cannabis Compliance Watch: Virgin Islands regulators say intoxicating hemp and artificially derived cannabis products remain illegal as compliance checks begin, with draft rules pointing toward a licensing system and limits on where products can be sold, potency, and packaging. Social Housing Contract Signed (VG): The Ministry of Health and Social Development has signed a contract for a new social home for the Leonard family in Virgin Gorda, with leaders calling it a major step for vulnerable residents. Water Infrastructure Push: Opposition legislator Myron Walwyn argues the Recovery and Development Agency should take over major water projects, saying ministries should focus on policy while RDA handles procurement to completion. Energy Resilience Plan: The US Virgin Islands is moving toward a virtual power plant model that links home batteries and solar to stabilize the grid after Hurricane Irma. St. Thomas Cruise Dredging: WICO says St. Thomas’ depth limits are holding back the biggest ships, and a dredging project is set to start in September 2026 to improve access. Business Relief Extension Request (BVI): The BVI Chamber of Commerce wants temporary cost-of-living and business relief extended beyond July 31, citing higher oil prices, shipping disruptions, and rising landed costs. Marine Careers Workshop (Tortola): Julian Willock and the Third District Committee plan a one-day marine workshop to help young residents break into the marine sector with guidance on qualifications and careers. FDA Recall Alert: A nationwide Class II recall was issued for multiple lots of levothyroxine sodium tablets after stability testing found subpotency.