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Category: Blog

September 4, 2024 / Blog

Farm Bill 2024: Updates before the deadline arrives

What Is the Farm Bill 2024 and Why Is It Important? The Farm Bill is a comprehensive piece of legislation that governs various agricultural and food programs in the United States. It includes provisions for commodity programs, conservation, nutrition...

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August 5, 2024 / Blog

Cannabis Growers Insurance – FAQs for 2024

The cannabis industry in California has experienced significant growth since the legalization of recreational marijuana. As a result, it has become essential for cannabis growers to protect their investments and operations. California Cannabis Growers Insurance provides coverage tailored specifically...

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August 5, 2024 / Blog

2024 New Cannabis Insurance Regulations for California

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The regulations total more than 200 pages and can be read at the California Cannabis Portal. These regulations are intended to protect both the cannabis businesses and the insurance providers from legal risks and liabilities. Some of the cannabis...

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July 29, 2024 / Blog

Are States with Legal Marijuana Seeing Safer Roads?

Cannabis-Impaired Driving Rates Lower for Legal States

According to recent studies, states that have legalized marijuana are experiencing a decrease in potentially risky behavior compared to states where marijuana remains illegal. This trend is contributing to a reduction in the number of people driving under the...

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July 18, 2024 / Blog

Marijuana Legalization: Effects on Medicinal Cannabis

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What Is the Effect of Recreational Cannabis Legalization on Medicinal Cannabis? The legalization of recreational cannabis has had a significant impact on the medicinal cannabis industry in the US. As more states legalize recreational use, the lines between medicinal...

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July 15, 2024 / Blog

Tax Challenges for Cannabis-Related Businesses in 2024

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Cannabis-related businesses face significant tax challenges due to the complex legal landscape in the United States. Despite state-level legalization, cannabis remains illegal under federal law, creating unfavorable tax conditions for these businesses. When Did Cannabis Become Subject to Unfavorable...

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July 11, 2024 / Blog

Cannabis Insurance Coverage Gaps: Hazard for Businesses

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What Are the Coverage Gaps in Standard Insurance Policies for Cannabis Businesses? It’s a well-known fact that having basic liability coverage is not enough for cannabis businesses involved in cultivation, sales, and distribution. Standard general liability, property, and renter’s...

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July 5, 2024 / Blog

Maryland Cannabis: 2024 Regulatory and Legislative Updates

What Are the Recent Regulatory Changes? Approval of Emergency Regulations In June 2024, Maryland’s cannabis industry saw significant updates. Emergency regulations were filed with the Joint Committee on Administrative, Executive, and Legislative Review on March 11, 2024, and approved...

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July 3, 2024 / Blog

DEA to Reclassify Cannabis: Major Shift in Drug Policy

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...

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June 26, 2024 / Blog

Ohio’s Journey: From Medical to Recreational Cannabis Sales

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...

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