The cannabis market continues to buck trends seen across many other industries with its impressive growth projections. According to Forbes, the US marijuana market will nearly double in value between now and 2026 from [...]
As the legal marijuana industry in the US continues to mature, it’s becoming painfully obvious that cannabusiness’ access to adequate, tailored insurance coverage is sorely lacking. The industry’s impressive growth and the prospect of new [...]
In 2020, Alaska became the first state to allow for cannabis consumption lounges but until recently most progress in this regard took place at the local level in cities and municipalities such as Denver and [...]
As in other industries, disputes between marijuana business owners and marijuana insurers arise frequently. A cannabusiness may think it is covered for a specific risk only to find that when it comes to pass, their [...]
Though the legal cannabis industry in the US continues to grow as more and more states legalize marijuana sales, it still has to contend with a thriving illicit market. As a valuable and lightweight product, [...]
The marijuana industry is a risky one to enter thanks, in no small part, to federal cannabis prohibition. The plant’s federally controlled status presents challenges that most traditional businesses needn’t worry about, especially with regards [...]
Cybercrime is a threat to businesses in many industries, but the risks are especially acute for marijuana businesses as evidenced by a data breach of multiple cannabis retailers at the end of 2019. The cyberattack [...]
New York state recently became the 16th U.S. state/territory to legalize and tax adult-use cannabis. With the passing of Senate Bill S854A, the Marijuana Regulation and Taxation Act has opened the gates to another potential [...]
Some good news came in for the US cannabis industry in April when New York lifted the longtime ban and legalized adult-use cannabis within the state, opening the doors for multi-billion dollar opportunities. That wasn’t [...]
States with adult-use marijuana legalization see fewer and less expensive workers’ compensation claims, according to a new study. The research, published in the National Bureau of Economic Research, reveals the number of worker compensation claims [...]
