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 [...]
The legal cannabis industry requires a massive investment in infrastructure. That includes security systems, alarms, cameras, controlled access points, and more. You would think that with all of the regulatory-related security required, cannabis businesses were [...]
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 [...]
There's now validation to all of us who have sworn, time and time again, that using cannabis doesn't increase work injuries. It's all there in black and white, in data recently published in the journal [...]
Growing cannabis, especially outdoor cannabis, can be risky on many levels. Did you know that outdoor cannabis crops aren't covered by standard crop insurance? Growers, farm owners, and investors are looking to mitigate risk on [...]
Some investors have soured over their cannabis investments in the U.S. and Canada and are filing lawsuits when businesses fail to meet expectations, which as a result is increasing the cost of insurance for the [...]
