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Category: Blog

May 1, 2024 / Blog

The MORE Act of 2024. Our take on Marijuana Reform.

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...

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April 1, 2024 / Blog

Cannabis and Wellness: The Rise of CBD Covers

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...

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February 9, 2024 / Blog

2024 Cannabis Industry Challenges

New Frontier Data projects that by 2025, the market value of the United States’ cannabis industry will reach annuals sales of $30 billion. As the legalization movement continues to gain support nationwide, with members of Congress even voicing their...

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November 27, 2023 / Blog

Cannabis Insurance Market Overview for 2023

State of the Cannabis Insurance Market in 2023 The cannabis insurance market has changed significantly in recent times. Insurance providers adjust their plans to cater to the evolving needs and challenges of the sector. Limited insurance carriers mean challenges...

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November 24, 2023 / Blog

What to Look for in a Cannabis Insurance Agency

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With more and more business owners stepping into the cannabis industry, there is a great need for proper insurance coverage in a business that can sometimes be high-risk. Because legal cannabis is such a new concept, changes and developments...

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November 24, 2023 / Blog

Am I Liable for Cannabis Products I Don’t Manufacture?

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Question: I have a dispensary and sell a variety of cannabis-infused products. Recently I’ve seen cases of retailers being involved in lawsuits that I had expected would deal only with manufacturers. As a dispensary, am I liable for issues...

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November 21, 2023 / Blog

Insuring a Cannabis Dispensary: Cost and Coverage

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While there isn’t a cannabis insurance policy, there are intricacies to insuring a business in the cannabis industry that not all agents understand. The cannabis industry is considered risky to cover for insurance companies and using an inexperienced agent...

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November 15, 2023 / Blog

Marijuana is Now Legal in Ohio

Ohio becomes 24th state to legalize recreational marijuana1 Ohio managed to legalize marijuana by passing a ballot initiative called Issue 2 on November 7, 2023. Issue 2 was a statutory measure that regulated marijuana like alcohol and allowed adults...

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