Cannabis is a billion dollar industry and grows every year as more U.S. states legalize adult use and medical use, but many of the businesses that hold together the industry’s infrastructure are operating without the [...]
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 [...]
There’s an extra layer of protection for cannabis businesses on the horizon. A bipartisan bill refiled in the Senate in March would provide state-legal cannabis businesses broad access to insurance coverage. A secondary gain here [...]
Oregon is attempting to lump cannabis-related real estate transactions with all other real estate transactions, provided the transactions are in compliance with Oregon’s cannabis regulations. Sponsored by Oregon State Representatives David Brock Smith and Gary [...]
Sometimes, it seems like the cannabis industry is just one gigantic liability. There's property, income, worker's comp, and more. The most significant is product liability. These cases can be incredibly damaging to a business - [...]
Managing risk is a critical strategy for all business owners. Careful risk management is crucial for cannabis business owners, even those with investors aplenty and deep pockets. Take California, for example. What started off as [...]
Cannabis did a booming business in 2020. On the one hand, you had various stay-at-home orders and determinations on what businesses were "essential" or not. On the other hand, you had plenty of people stuck [...]
In a November 30 press release by the U.S. Department of Agriculture (USDA), the agency announced several hemp program improvements that are slated to begin in the 2021 crop year. The changes include expansion of [...]
