marijuana News

U.S. Legal Cannabis Sales Hit Record $17.5B as Legislation Transforms Insurance Outlook

A new report highlights the opportunity for insurers in cannabis. New Dawn Risk launched its latest white paper on insurance for the U.S. legal cannabis, CBD and hemp markets. The 2021 report is called “Opportunity knocks at last in the …

Insuring Cannabis Webinar Take Home: Carriers, Brokers Waiting on Sidelines

There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize. That was among the messages delivered by experts during Insurance Journal’s webinar in mid-April, How Insurance …

Cannabis Broker Spotlight: Tobin with Bolton & Co. Works to ‘Become a Master Student’

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 for …

Opinion: Garland’s Appointment a Beacon in Cannabis Insurance Space

Joe Biden’s election as President of the United States and the Democrats’ reclamation of control of the U.S. Senate may well have far-reaching effects on the U.S. cannabis industry, including, but not limited to, ultimately impacting what insurance coverage is …

Cannabis Broker Spotlight: Green Shield’s Medrano Used Insurance to Get into Cannabis

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 for …

Global 2020 Cannabis Sales Hit $21B, Insurance Brokers Saw Premium Boost

If one thing can be said about the pandemic, it definitely was not a bad thing for cannabis, a business that many states declared to be essential as numerous other business sectors shut down to help slow the spread of …

Cannabis Broker Spotlight: Lockton’s Devey Helps Clients Battle ‘Insurance Fatigue’

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 for …

Cannabis Broker Spotlight: Schutz with NIF Group is a ‘Cannabis Ninja’

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 for …

Deal Offers More Financial Services for California Cannabis Firms

A California cannabis industry group announced Tuesday that it reached an agreement with a state credit union that will provide checking, wire transfers and other banking services for more marijuana companies, helping ease what has been an obstacle for many …

Slew of Cannabis-Related Bills Filed in Advance of 2021 Texas Legislature

Marijuana seems to be on the minds of Texas legislators judging from the many cannabis-related bills that have been filed so far in advance of the Texas legislative session that begins in January. Many of the filed bills advocate for …