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...
November 24, 2023 / Blog
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...
November 21, 2023 / Blog
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...
November 15, 2023 / Blog
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...
November 15, 2023 / Blog
Alaska hemp growers sued the state because they believe that the new regulations on hemp products are unconstitutional and contrary to federal law. The new regulations, which took effect on November 5, 2023, prohibit the Department of Natural Resources...