Latest Cannabis Headlines
All the headlines from our Cannabis Topic Page, ordered by recency.
Takeaways from Our Conversation on ‘Fine Lines’ Cannabis Brokers and Operators Should Keep an Eye on
Apr 3 2024 // Powered by InsuranceJournal.tv The devil is always in the details, and if you’re a cannabis business with a lot of product and cash to protect – as many dispensaries happen to be – you’ve got a lot of...
Virginia Gov. Youngkin Vetoes Retail Marijuana, Minimum Wage Hike, Workers’ Comp Bills
Apr 3 2024 // Republican Virginia Gov. Glenn Youngkin vetoed two top Democratic legislative priorities last Thursday: bills that would have allowed the recreational retail sales of marijuana to begin next year and measures mandating a...
Florida Supreme Court Lets Recreational Marijuana Stay on November Ballot
Apr 2 2024 // U.S.-listed shares of pot producers rose premarket on Tuesday after the Florida Supreme Court on Monday allowed voters to decide on the fate of recreational use of marijuana in the state through a referendum on the...
Medical Marijuana Law Does Not Impair Employers’ Right to Drug-Free Workplace
Mar 22 2024 // A Connecticut employer has the right to terminate an employee who is impaired by medical marijuana in the workplace. The Connecticut Appellate Court on March 19 upheld the dismissal of a lawsuit brought against a nonprofit...
German Cannabis Legalization Uncertainty Is Spooking Investors
Mar 21 2024 // Investors in Germany’s cannabis sector are holding back and some startups risk running out of cash amid uncertainty over whether a partial legalization of the drug for recreational use will take effect as planned on...
Takeaways from Our Conversation on Q1 2020 in Insuring Cannabis
Mar 12 2024 // Powered by InsuranceJournal.tv Cannabis had a bit of a down year last year, but 2024 holds some hope for continued growth – maybe even a return to semblances of the old pace. As we head into the final month of the first...
Cannabis Sales Outlook Promising for Insuring Cannabis Specialists
Mar 7 2024 // A new report shows global legal cannabis spending grew to $36 billion in 2023, and more importantly, that languishing sales in longer-legal states may soon start to swing back up – two big, encouraging signs for insuring...
Lawsuit Filed Against Lighting Company Over Ohio Cannabis Facility Explosion
Mar 7 2024 // An Ohio cannabis manufacturer and its insurer are suing a lighting products provider for negligence after a lamp it sold exploded at a greenhouse, causing six figures worth of damages. Cure Ohio and Dorchester Insurance...
Symphony Risk in California Launches Captive Program for Cannabis Industry
Mar 4 2024 // Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.” The “Symphony Grow Captive” risk financing tool...
Germany Passes Law Legalizing Personal Use of Cannabis
Feb 26 2024 // German lawmakers approved a controversial bill legalizing personal use of cannabis, paving the way for controlled consumption of the drug from April 1. The legislation introduced by Chancellor Olaf Scholz’s...
Nevada Issues First License for Recreational Cannabis Lounge in Las Vegas
Feb 22 2024 // Nevada regulators have issued the first license to operate a lounge where cannabis can be consumed recreationally, marking the first of what are expected to be dozens of such operations. The state Cannabis Compliance Board...
Germany to Approve Cannabis Bill This Week in Legalization Drive
Feb 20 2024 // German lawmakers will approve delayed legislation decriminalizing personal use of cannabis this week, paving the way for it to take effect on April 1, according to Health Minister Karl Lauterbach. The law, set to pass the...
Symphony Risk in California Launches Captive Program for Cannabis Industry
Feb 16 2024 // Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.” The “Symphony Grow Captive” risk financing tool...
Lubbock, Texas to Vote on Marijuana Despite Attorney General Lawsuit
Feb 8 2024 // LUBBOCK — An effort to decriminalize possession of small amounts of marijuana in Lubbock is moving forward, despite Texas Attorney General Ken Paxton suing five cities this week for doing the same. Lubbock Compact, the...
Takeaways from Our Conversation on Selling Insurance to Cannabis Businesses in Newly Legal States
Feb 6 2024 // Powered by InsuranceJournal.tv It’s a new year, and one thing we can look forward to is more new states bringing their cannabis markets online. For insurance professionals, new states offer the challenges of new...
Texas Sues Five Cities Over Marijuana Amnesty Policies
Feb 1 2024 // Texas Attorney General Ken Paxton has launched lawsuits against the cities of Austin, San Marcos, Killeen, Elgin, and Denton for adopting amnesty and non-prosecution policies that violate Texas laws concerning marijuana...
Audit: Incomplete Information Led to Resignation of Minnesota Marijuana Regulator
Jan 29 2024 // ST. PAUL, Minn. (AP) — The Minnesota governor’s office did not have complete information about the woman the governor appointed as director of Minnesota’s new marijuana regulatory agency, leading to her...
Wisconsin Assembly Republicans Introduce Limited Medical Marijuana Bill
Jan 11 2024 // MADISON, Wis. (AP) — Wisconsin Assembly Republicans’ highly restrictive plan to legalize medical marijuana in the state drew a lukewarm response from Senate Republicans and Democratic Gov. Tony Evers on Monday. The...
New Mexico Revoked Licenses of Cannabis Growers and Fined Them $2M for Safety, Other Violations
Jan 9 2024 // New Mexico marijuana regulators revoked the licenses of two growing operations in a rural county for numerous violations and have levied a $1 million fine against each business. One of the businesses, Native American...
Judge Blocks Alabama Cannabis Licenses Amid Dispute Over Selection Process
Jan 3 2024 // MONTGOMERY, Ala. (AP) — A judge temporarily blocked Alabama from issuing licenses to medical marijuana dispensaries amid an ongoing legal battle over how the state selected the winning companies. Montgomery Circuit...
