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 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...
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...