June 19, 2024 / Blog
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...
May 27, 2024 / Blog
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...
May 2, 2024 / Blog
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...
May 1, 2024 / Blog
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...
April 22, 2024 / Blog
How Is Texas Shaping the Future of Hemp-Derived Cannabinoids? Texas has emerged as a pivotal player in the burgeoning hemp-derived product industry, setting a precedent that could influence federal regulations. Unlike many states that have followed a path from...
April 1, 2024 / Blog
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...
February 16, 2024 / Blog
As we step into 2024, the cannabis industry in the United States stands on the cusp of an era marked by unprecedented growth, technological innovation, and pivotal legislative developments. This overview aims to shed light on the key insights...
February 9, 2024 / Blog
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...
November 27, 2023 / Blog
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...
November 24, 2023 / 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...