legalized marijuana News

Delaware Waits to See If Governor Will Veto Marijuana Bills Passed by Lawmakers

The Delaware Senate gave final approval Tuesday to bills legalizing recreational marijuana use by adults in the state and authorizing the establishment of a state-licensed and regulated cannabis industry, setting up a potential battle with Democratic Gov. John Carney. The …

Vermont Regulators Remove Possibly Contaminated Marijuana From Stores

Vermont regulators have removed marijuana potentially contaminated with a pesticide from five retail stores after a consumer reported feeling sick after smoking some. Vermont’s Cannabis Control Board issued a consumer protection warning last week for all strains of marijuana produced …

Insurers Told Expunged Crimes Off-Limits as New York Licenses First Cannabis Shops

New York has approved its first 36 retail marijuana dispensary licenses, awarding them to 28 applicants with prior cannabis convictions and eight nonprofits that serve those formerly incarcerated. New York officials wanted the state’s first legal adult-use retail dispensaries to …

New Weed Products and Firms Mean Concerns, Opportunities for Underwriters

The legalized cannabis industry is rapidly evolving, with new, chemically concocted variants popping up almost monthly. On top of that, management of marijuana and hemp businesses is going through changes, with “weed cowboys” clashing with button-down capitalists – not to …

Program Manager McNeil, New York Cannabis Industry Form Workers’ Comp Group

Insurance program manager McNeil & Co. and the Cannabis Association of New York (CANY) are forming a workers’ compensation safety group for the New York cannabis industry. The two said the New York State Insurance Fund (NYSIF) recently gave initial …

Insuring Cannabis Summit: Insurance Expert Unpacks Green Wave Election

Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19. One election takeaway beyond the fact that cannabis initiatives went five-for-five in November, is the …

Insuring Cannabis Summit: Newly Legal States Could Yield $6B in Next 5 Years

Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19. There’s big money, and big opportunity for cannabis service and product providers, such as insurance …

Science, Enforcement Lag as Car Accidents, Claims Rise in Legal Cannabis States

Car crashes in the first three states to legalize recreational marijuana have soared as law enforcement and regulators struggle to define driving high, let alone determine how to fight it. Colorado, Oregon, and Washington saw a combined 5.2% increase in …

‘Problematic’ Cannabis Use Has Risen for Adults, Teens Since Legalization: Research

Problematic use of marijuana among adolescents and adults increased after legalization of recreational marijuana use, according to a new study from New York University’s Grossman School of Medicine and Columbia University’s Mailman School of Public Health. Published online November 13 …

Occupational Medical Group Warns Congress Legalized Cannabis Is Workplace Risk

A group of occupational medicine doctors is warning that legalization of marijuana has “huge” public and workplace health and safety implications that Congress should consider when dealing with the issue. The American College of Occupational and Environmental Medicine (ACOEM) said …