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 lower house of parliament …
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 organization behind the proposed initiative, …
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 regulations and new clients to explain the complex world …
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 possession and distribution. The five municipalities adopted ordinances or …
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 surprising resignation after media reports about her financial problems …
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 bill would limit medical marijuana only to severely …
From a broad view, data from the cannabis industry fails to paint an informative picture of what lies ahead for the business in 2024 or what the year holds for insurance professionals specializing in servicing the sector. Despite a prevailing …
SAFE Banking was a much-introduced and more often-sidelined federal bill to provide a safe-harbor for banks doing business with cannabis operators. The new manifestation, the Secure and Fair Enforcement Regulation Banking Act, or the SAFER Banking Act, would ensure that …
Certain exclusions that were once prevalent in cannabis insurance seem to be eroding, possibly a sign of some good news for businesses in the industry. A group of experts gathered during Insurance Journal’s Insuring Cannabis Summit to talk about underwriting …
Michigan cannabis sales are a great story. Sales there reached another record in July, hitting $277 million for the month, and look to head well over $3 billion for the year. What’s going on there? The state is still fairly …
