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June 19, 2024 / Blog

Cannabis Banking Protections Removed from Federal Spending Bill

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...

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May 27, 2024 / Blog

Insurance for Oklahoma Cannabis Companies: Key Considerations

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...

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May 2, 2024 / Blog

The HOPE Act of 2024: Previous Marijuana Convictions

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...

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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

Cannabis Bud - Banner Image for What to Look for in a Cannabis Insurance Agency Blog

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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