Latest Cannabis Headlines
All the headlines from our Cannabis Topic Page, ordered by recency.
Insurance Costs Rising for Cannabis Firms as Unhappy Investors File Slew of Lawsuits
Jul 8 2020 // Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and...
Cannabis Broker Spotlight: Boden With Crouse Went All-in on the Budding Industry
Jun 25 2020 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
New Law Expands Access to Medical Marijuana in Louisiana
Jun 19 2020 // More Louisiana residents will have access to medical marijuana under a significant expansion of the state’s therapeutic cannabis program that was signed into law by Gov. John Bel Edwards. The changes in the law,...
Cannabis Cultivation Market Expanding, But Insurance Might be a Headwind
Jun 11 2020 // The cannabis cultivation market in the U.S. continues to expand, though COVID-19 will affect or is affecting the majority of these businesses, while operations get bigger, facilities become more numerous, and overall...
Cannabis Broker Spotlight: Worldwide’s Ives Sees Cannabis Time in Dog Years
Jun 11 2020 // Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips...
Medical Marijuana Sales Continue to Smash Records in Oklahoma
Jun 3 2020 // Sales of medical marijuana in Oklahoma topped $73 million last month, the highest monthly total yet, the Oklahoma Tax Commission reported. The data shows May sales generated more than $11.6 million in tax revenue last...
Louisiana Medical Marijuana Program Expansion Nears Final Passage
May 29 2020 // Louisiana lawmakers are one step from removing most restrictions on which medical conditions are eligible for medical marijuana, allowing doctors to recommend the treatment for any patient they believe it would help. The...
Cannabis Broker Spotlight: Bozzuto with Cannabis Connect is an Outspoken Advocate for the Business
May 28 2020 // Editor’s note: This is the first in a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a...
Bill Would Expand Louisiana’s Medical Marijuana Program
May 22 2020 // State lawmakers are poised to greatly expand Louisiana’s medical marijuana to make more people eligible for the treatment, under a bill that continued on May 20 to speed toward final passage. The proposal from Rep....
Enforceability of Cannabis Coverage Remains Hazy
May 18 2020 // While the number of states that have legalized marijuana for medical or recreational use continues to grow, the cultivation, sale, distribution and possession of marijuana remains illegal under the federal Controlled...
Results: Cannabis Webinar Live Polls
May 18 2020 // Which will have the biggest impact on cannabis and insurance the rest of this year and into next? COVID-19 33.22% Vaporizer bans and related illnesses 13.36% Legalization 19.52% Legislation (SAFE Banking, CLAIM Act) 24.66%...
Legal Actions That Insurance Pros in the Cannabis Biz Should Pay Attention to
May 18 2020 // Ian Stewart Lawsuits and legal concerns in the cannabis business are too numerous to count – just like with many other industries – but there are few that insurance professionals in the business should keep an...
What Insurance Pros in the Cannabis Business Are Doing Wrong
May 18 2020 // Jumping right into a new business may sound like a great first step, but long-time wholesaler broker Norman Ives advises a look-before-you-leap approach to the cannabis business. Ives is a broker and cannabis practice...
COVID-19 Clouding Cannabis Industry Pitfalls Amid Upbeat Outlook
May 18 2020 // The cannabis industry is being affected by COVID-19 much like other business sectors, but the complexities of this budding industry make its eventual recovery from the pandemic and ensuing economic fallout even harder to...
The Perilous Cannabis, Cyber, COVID-19 Connection
May 18 2020 // Cannabis, cyber and COVID-19 — the three Cs may have more in common than meets the eye. Cannabis dispensaries, now considered essential businesses in many states, have stepped up deliveries, curbside picksups and...
SAFE Banking in Stimulus Could Put Cannabis Industry on Steroids
May 14 2020 // A big and long-awaited boost for cannabis – and those who offer financial products to cannabis businesses – now in the hands of Congress may not only help usher the industry through the coming pandemic-ridden economic...
Pennsylvania’s Leech Tishman Fuscaldo & Lampl Hires Sampson as a Partner
May 7 2020 // Leech Tishman Fuscaldo & Lampl LLC has hired Michael H. Sampson as a partner in the Litigation Practice Group. Sampson will also serve as chair of the firm’s Insurance Coverage Group as well as co-chair of the...
The Perilous Cannabis, Cyber, COVID-19 Connection
Apr 30 2020 // Cannabis, cyber and COVID-19 – the three Cs may have more in common than meets the eye. Cannabis dispensaries, now considered essential businesses in many states, have stepped up deliveries, curbside pickups and online...
COVID-19 Will Have Biggest Impact on Cannabis Space, Poll Shows
Apr 20 2020 // COVID-19 will have the biggest impact on cannabis and insurance the rest of this year and into the foreseeable future, according to the majority of participants in Insurance Journal’s April 15 webinar “Insuring...
4 Ways COVID-19 Will Change Cannabis and Insurance
Apr 20 2020 // One may not need to be able to read the cannabis leaves to divine the impact of the COVID-19 pandemic on cannabis and insurance. Some good guesses from any insurance professional with their foot in the door of a...
