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, [...]
Every industry faces risks. That’s the accepted consequence of trying to turn a profit. For businesses in the cannabis industry though, many of these risks are perhaps especially pronounced due to difficulty in obtaining adequate [...]
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 [...]
As the cannabis industry in the US continues to expand and professionalize, marijuana business insurance claim disputes are increasingly common. In many states where cannabis is legal, canna-businesses are obliged to have extensive insurance policies [...]
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. [...]
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 [...]
