Category: Blog

What Does the Reclassification of Cannabis Mean? After years of speculation, the Associated Press (AP) announced a couple of months ago that the U.S. Drug Enforcement Administration (DEA) will move to reclassify cannabis from a Schedule I to a...

Ohio is moving from a medical marijuana market to one that includes recreational sales. However, the state’s approach differs from others, with uncertainties about the start date for sales and a unique priority for licensing. Uncertainty Around the Start...

House Republicans have recently removed a key provision protecting cannabis banking from a federal spending bill. This decision came just ten days after the bill passed a House of Representatives subcommittee. Original Banking Protections Financial Services and General Government...

Introduction Oklahoma’s cannabis industry has unique features that impact how businesses in this sector operate and secure insurance. This article explores the specific insurance needs of Oklahoma cannabis companies and highlights the particularities of the state’s cannabis legislation. Oklahoma’s...

“Why use up the forests which were centuries in the making and the mines which required ages to lay down, if we can get the equivalent of forest and mineral products in the annual growth of the hemp fields?“...

Senator Jacky Rosen recently introduced the Harnessing Opportunity by Pursuing Expungement (HOPE) Act. This bill aims to address the impact of past low-level marijuana offenses in states where cannabis has been legalized or decriminalized. Here’s a comprehensive overview of the Marijuana...

The Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) was proposed by Representative Jerrold Nadler from New York 1. Recently, it gained attention again when the U.S. House of Representatives passed it on a vote of 220 to 204. This bill aims to decriminalize marijuana by removing it...

How Is Texas Shaping the Future of Hemp-Derived Cannabinoids? Texas has emerged as a pivotal player in the burgeoning hemp-derived product industry, setting a precedent that could influence federal regulations. Unlike many states that have followed a path from...

In recent years, the cannabis industry has undergone a significant transformation, with a growing emphasis on health and wellness. One of the key players in this wellness movement is CBD, a non-psychoactive compound derived from the cannabis plant. Understanding...

As we step into 2024, the cannabis industry in the United States stands on the cusp of an era marked by unprecedented growth, technological innovation, and pivotal legislative developments. This overview aims to shed light on the key insights...