Latest Cannabis Headlines
All the headlines from our Cannabis Topic Page, ordered by recency.
New York City May Ban Pre-Hire Marijuana Tests for Many Job Applicants
Apr 15 2019 // Many job-seekers would no longer face tests for marijuana use under legislation that New York City is likely to enact, taking a novel step as lawmakers and employers around the U.S. grapple with workplace policies about...
AAIS Expands Cannabis Businessowners Insurance Policy to Colorado
Apr 15 2019 // The American Association of Insurance Services has expanded its Cannabis Businessowners Policy (CannaBOP) program with a new filing in Colorado. CannaBOP debuted in California last year and now AAIS is bringing the program...
Michigan Commission: THC Level Not a ‘Reliable Indicator’ of Driving Impairment
Apr 2 2019 // A state commission says Michigan should not set a legal limit for how much of marijuana’s active ingredient motorists can have in their system. The Impaired Driving Safety Commission recently forwarded its findings...
AAIS Expands Cannabis Businessowners Insurance Policy to Colorado
Apr 2 2019 // AAIS (the American Association of Insurance Services), the only national not-for-profit insurance advisory organization governed by its member companies, has expanded its Cannabis Businessowners Policy (CannaBOP) program...
Montana Lawmakers Reject Recreational Marijuana
Apr 1 2019 // A state House committee has rejected a bill that would have legalized recreational marijuana use in Montana. The Independent Record reported that the House Taxation Committee voted 12-6 last week to table House Bill 770,...
Insurers Cautious About Marijuana Insurance Market
Apr 1 2019 // The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report, “Cannabis:...
Some Data Indicates Increasing Accident Rates in Marijuana States
Apr 1 2019 // Preliminary research indicates that the legalization of recreational marijuana in 10 states has increased accident rates, the Insurance Information Institute said. The group cited an October 2018 study by the Highway Loss...
Today’s Hot Markets
Apr 1 2019 // Telemedicine, Breweries, Intellectual property, Nurseries and Cottage foods Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and...
House Committee Passes Bill to Protect Banks, Insurers Serving Marijuana Businesses
Mar 29 2019 // A House committee has advanced a bill to protect financial institutions from criminal prosecution for providing services to legal marijuana businesses. The House Financial Services Committee voted 45 to 15 in favor of the...
New Jersey Legal Marijuana Bill Pulled Over Lack of Support
Mar 26 2019 // New Jersey’s planned legislative vote on legalizing recreational marijuana was canceled as Senate President Steve Sweeney said it didn’t have enough support to pass. The bid to end the state’s prohibition...
NTSB Says Impaired Truck Driver Likely Cause of GOP Train Crash in Virginia
Mar 25 2019 // A trash truck driver who had marijuana in his system likely caused a fatal collision last year with an Amtrak train that was carrying Republican lawmakers, federal investigators concluded. The National Transportation...
Florida Lawmakers Repeal Ban on Smokable Medical Marijuana
Mar 15 2019 // The Florida Legislature met Republican Gov. Ron DeSantis’ deadline to hand him a bill to repeal the state’s ban on smokable medical marijuana when the House passed the legislation Wednesday. While lawmakers...
Insurers Remain Cautious About Marijuana Insurance Market
Mar 14 2019 // The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report. One of the key...
Missouri’s POWERS Insurance & Risk Management Launches Emerging Risks Unit
Mar 12 2019 // POWERS Insurance and Risk Management, headquartered in St. Louis, Missouri, has launched an emerging risks division. This new sector will focus on insurance risk strategies that are aligned with cyber, technology, cannabis...
Bill Advancing to Make Recreational Marijuana Legal in New Mexico
Mar 12 2019 // A proposal to legalize the sale and consumption of recreational marijuana through state-run stores in New Mexico is advancing in the state Legislature. A Senate panel on Saturday endorsed the House-approved bill that would...
New Hampshire High Court Rules Board Wrong to Deny Workers’ Comp for Medical Pot
Mar 8 2019 // The New Hampshire Supreme Court has ruled that a labor appeals board was wrong to determine that workers’ compensation insurance can’t reimburse an employee for the cost of medical marijuana. The court found...
Georgia House Passes Bill Expanding Access to Medical Marijuana
Mar 8 2019 // The production and sale of low-potency medical marijuana oil could soon be allowed in Georgia under a bill passed Tuesday by the House. Lawmakers voted 123-40 to clear the measure, two days ahead of a legislative deadline...
Declarations
Mar 4 2019 // Medical Cannabis “There is incredible medicinal value associated with cannabis.” — Kentucky Gov. Matt Bevin, on supporting the legalization of medical marijuana in the state. After losing a nephew to a...
Michigan Medical Marijuana Patient Loses Appeal over Rescinded Job Offer
Mar 4 2019 // Michigan’s Court of Appeals has ruled against a woman whose offer of conditional employment by a public entity was rescinded after she tested positive for marijuana even though she had a state-issued card allowing...
South Carolina Medical Marijuana Bill Stalls in State Senate
Mar 1 2019 // A South Carolina senator says a bill aiming to legalize the medicinal use of marijuana will not move forward until lawmakers address concerns of stakeholders. Members of the Senate Medical Affairs subcommittee met...