July 22, 2024 / Uncategorized
What Is Dispensary Workers’ Compensation Insurance? Dispensary workers’ compensation insurance is a type of insurance policy designed to cover medical expenses, lost wages, and rehabilitation costs for employees who get injured or become ill while working at a cannabis...
July 18, 2024 / Blog
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...
July 15, 2024 / Blog
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...
July 14, 2024 / Blog
What Are the Facts About Cannabis in the US? Cannabis legalization in the United States is a rapidly evolving landscape. The facts about cannabis use, legality, and market dynamics vary widely across different regions and states. When Did Cannabis...
July 13, 2024 / Blog
What Is Delta-8 THC? Delta-8 THC is a cannabinoid found naturally in hemp and cannabis plants. It has gained popularity due to its similarity to Delta-9 THC, the primary psychoactive compound in cannabis that produces a high. According to...
July 11, 2024 / Blog
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...
July 8, 2024 / Blog
What Insurance Do I Need as a Delivery-only Dispensary? As the cannabis industry continues to grow, delivery-only dispensaries face unique risks that require specific insurance coverage. Here are some essential insurance policies you should consider: Business Auto Insurance: For...
July 5, 2024 / Blog
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...
July 3, 2024 / 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...
June 26, 2024 / Blog
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...