marijuana News

Do Cannabis or Alcohol Taxes Have Higher Upside for Society?

Which helps society more? Alcohol or cannabis. That sounds like a funny question, but it may be an important one with more local governments embracing the opportunity to bring in tax revenue from cannabis sales. A new report from Wikileaf, …

Alaska Credit Union Ending Marijuana Business Pilot Program

An Alaska credit union plans to discontinue a pilot program to provide checking and savings accounts to marijuana-related businesses, an official said. Credit Union 1 will end the program Aug. 30 because critical insurance coverage will no longer be available, …

Clarifying Law Around Insurance of Marijuana Act Would Reduce Gaps, Expert Says

Chris Boden is stoked about the potential of a recently introduced bill in Congress that would create a safe harbor for insurers engaging with cannabis-related businesses. Boden is the cannabis practice group team leader at Crouse & Associates, a wholesale …

California Cannabis Seller Wants Court to Void County Delivery Ban

Another legal fight is underway over home marijuana delivery in California. A licensed cannabis company has sued Santa Cruz County, claiming that it’s violating state law by prohibiting deliveries from out-of-county retailers into a swath of unincorporated areas. The East …

Welcome to Insuring Cannabis

Welcome to Insuring Cannabis, a newsletter for insurance professionals and risk managers who want to know what’s happening with the budding industry on the state, national and international levels. Each week you will receive a variety of news and feature …

Marijuana Legalization Front and Center in 3 States

Recreational marijuana use is grabbing attention in three states that appear poised at some point to clear the way for adults to buy and possess cannabis for reasons other than medicinal purposes. Illinois is set to become the 11th state …

Advocates’ Suit No Longer Says Mormon Church Swayed Medical Pot Changes

Marijuana advocates dropped legal claims that Utah lawmakers conspired with The Church of Jesus Christ of Latter-day Saints to make sweeping changes to a voter-approved ballot initiative legalizing medical pot. Their lawsuit will instead focus on an allegation that it …

California Lawsuit Claims Dispensary Sold Pesticide-Tainted Pot

An unlicensed marijuana dispensary sold cannabis sprayed with a dangerous pesticide, the city of Los Angeles said in a lawsuit that’s part of a wide-ranging crackdown on illegal pot sales. Marijuana sold at Kush Club 20 contained paclobutrazol, a fungicide …

New York City May Ban Pre-Hire Marijuana Tests for Many Job Applicants

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 pot. The Democrat-led City …

Montana Lawmakers Reject Recreational Marijuana

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, effectively killing the measure. Supporters …