23 02, 2022

States Introduce Mixed Legislation on Worker Compensation for Medical Marijuana Use

2022-02-23T06:19:15-07:00February 23rd, 2022|Health, Legislation|

Several states are considering legislation that would exempt insurers from paying for the medical marijuana costs of workers, though New Jersey is weighing up a bill that would do just the opposite under certain conditions. [...]

28 09, 2021

Cannabis Business Insurers Are Preparing for Fast-Approaching Federal Legalization

2021-09-28T04:54:06-07:00September 28th, 2021|Industry, Legislation|

With the federal government considering the end of prohibition as we know it, the insurance market is quickly getting ready for a major increase in services and sales to the already-booming, nearly $18-billion-per-year cannabis industry. [...]

22 03, 2021

Oregon Could Mandate Closing Services and Title Insurance for Cannabis Transactions

2021-03-22T07:44:29-07:00March 22nd, 2021|Business, Industry, Legislation|

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 [...]

29 12, 2020

USDA Expands and Improves Hemp Crop Insurance Program

2020-12-29T04:53:18-07:00December 29th, 2020|Industry, Legislation|

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 [...]

24 05, 2020

COVID-19 Relief Bill Contains Provisions Of Cannabis Business Insurance

2020-12-21T09:59:23-07:00May 24th, 2020|Business, Health, Industry, Legislation|

Some progress is better than no progress at all. While marijuana advocates, industry stakeholders, and lawmakers have been actively promoting the inclusion of cannabis businesses into COVID-19 related legislation, some forward motion has been made. [...]

9 05, 2020

How The Cannabis Industry Will Be Affected By COVID-19

2020-05-05T09:32:32-07:00May 9th, 2020|Business, Health, Industry, Legislation|

The cannabis industry has been hit hard by COVID-19, as has every other industry, and will continue to feel its impact in the years to come. Although a brief surge in sales at the beginning [...]

25 11, 2019

These Are The Issues Really Causing Risk In The Cannabis Industry In 2020

2019-11-25T05:06:50-07:00November 25th, 2019|Industry, Legislation|

2019 has been a risky year for the cannabis industry: the vaping controversy, the uncertainty surrounding cannabis legislation at every level, and the subsequent financial pinch it puts on the industry. Will 2020 be any [...]

14 11, 2019

Insurance Industry Reacts To Passage Of SAFE Banking Act

2019-11-14T08:17:14-07:00November 14th, 2019|Industry, Legislation|

A crucial bill to protect insurance agents working with cannabis-related clients passed the U.S. House of Representatives, and while industry insiders rejoice, they know the fight to pass the bill has only just begun. The [...]

9 09, 2019

How The CLAIM Act Would Reduce Gaps In Insurance Coverage

2019-09-09T03:56:12-07:00September 9th, 2019|Legislation|

A federal bill built to open up insurance access to the cannabis industry is moving through Congress, but can this bill do what it promises? Called the Clarifying Law Around Insurance of Marijuana (CLAIM) Act, [...]

24 08, 2019

A Second Bill To Expand Insurance Coverage Access For Marijuana Businesses Introduced This Month

2019-09-09T03:56:57-07:00August 24th, 2019|Business, Industry, Legislation|

Another federal, bipartisan bill has entered the arena to bring insurance access to more cannabis-related businesses, joining several others that cover other aspects of the industry, but it remains to be seen what will actually [...]

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