February 28, 2019 / Blog
“The international market for Cannabis is projected to hit $31.4 billion by 2021” Source: Cannabis Market Research Firm, The Brightfield Group Of the massive total global market sized potential for recreational and medical marijuana world-wide, the lion’s share of...
January 29, 2019 / Blog
Known as a “Red” state because of its overwhelming majority of conservative Republican voters, Oklahoma is moving forward to fully legalize Medical Marijuana and eventually, recreational Marijuana as well. With the new law passed in the summer of 2018,...
December 27, 2018 / Blog
On Thursday December 20, President Donald Trump signed the US Farm Bill into law, making Hemp a federally legal crop in all 50 American states. US Agriculture Secretary Sonny Perdue stated the bill, “…is a very stable bill for...
November 7, 2018 / Blog
On Tuesday, November 6th, Michigan became the tenth state to approve the use of marijuana/cannabis for adult recreational use, it also makes Michigan the first state in the Midwest to do so. Proposition 18-1 was approved by a 56-44...
October 16, 2018 / Blog
Risks exist for any cannabis business—or, for that matter, any company that produces or markets consumer items. An ever-present issue, especially for all things ingestible, is the potential product liability claim. Cannabis Product Liability (and Insurance) Will Evolve A...
October 8, 2018 / Blog
More than half of the states in the USA along with the District of Columbia have legalized medical marijuana in some form or the other. Medical cannabis, or medical marijuana as they popularly call it, is cannabis and cannabinoids...
July 31, 2018 / Blog
Michigan’s legal cannabis landscape continues to evolve. For a decade, Michigan has supported medical marijuana. All 83 counties in the state blessed the measure that legalized medical cannabis. And this year, Governor Snyder signed the Public Act 10 of 2018 into law, amending Michigan’s Medical Marihuana Facilities...
May 3, 2018 / Blog
Cannabis cultivators, processors, manufacturers and retailers should be aware that in 2018, new cannabis taxes will take effect. A couple of highlights on how these new tax changes can affect your business. New Tax Rates According to California Department...
December 5, 2017 / Blog
As an emerging industry, the Cannabis space is facing growing pains when it comes to regulations and insurance. The lack of guidance and resources easily available causes issues for business owners trying to ensure their cannabis business is fully...
November 9, 2017 / Blog
Here at Cover Cannabis we are asked 100s of questions every month about how to properly insure a cannabis operation. Here is a question we received recently: Pat (Business Owner): I have an indoor cannabis growing facility, as we...