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Insurance for Cannabis

 

Full disclosure doesn't come easily to a once illicit industry emerging from the shadows.

Shifting the focus of an industry from allowing no information to escape to requiring absolute transparency is a monumental task. Even with tools to provide excellent data consistently, openness and accurate bookkeeping are yet to be normalized in the cannabis insurance world. 

Why Cannabis Consumers Are an Essential Audience for Mainstream Marketing

It’s time to let go of the couch potato stereotype

Until recently, cannabis operated in the margins of culture and was often dismissed as a fringe industry.

While most businesses closed in the name of public safety amid the Covid-19 crises, a select few were deemed essential businesses and allowed to stay open. That list included health care providers, law enforcement agencies, grocery stores, pharmacies and cannabis dispensaries.

Election May Determine Whether Marijuana Will Be Decriminalized

“Times have changed. Marijuana should not be a crime,” Sen. Kamala Harris (D-CA) said last year when she and Rep. Jerry Nadler (D-NY) introduced the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act). The current Democratic vice-presidential nominee called the legalization of marijuana an important step "toward racial and economic justice."

Pakistan Approves Government-Controlled Hemp Plan

Pakistan has approved a government-controlled hemp production plan that will allow hemp farming for industrial and medical purposes.

Pakistan has approved the legalization of hemp for industrial and medical purposes, the Hindustan Times reports. In a tweet, Science and Technology Minister Fawad Chaudhry called the reforms a “landmark decision” which will “place Pakistan in the billions of USD CBD market.”

The Legal Cannabis Industry Is Creating A New Workforce Amidst The Pandemic

Despite being a nascent and still federally illegal operation, most states deemed cannabis companies and ancillary services as essential businesses when COVID-19 hit the U.S. Since that time, consumer demand has sustained – if not grown – and patients have been able to continue getting their medicine. Now, the legal cannabis industry is looking towards the future and “new normal” with expanding, legitimized workforces that have kept the industry alive during a national economic downturn.

Pennsylvania Gov. Tom Wolf renews call for state lawmakers to legalize recreational marijuana

Pennsylvania Gov. Tom Wolf is again urging state lawmakers to legalize recreational marijuana.

Wolf first made the pitch last year but renewed the call Thursday, saying it will help the state recover from the coronavirus pandemic.

"I think now, more than ever, especially right in the middle of this pandemic, we have a desperate need for the economic boost that the legalization of cannabis could provide," he said.

Cannabis Testing Regulations Are Outdated. Here's How To Fix Them.

Start by understanding what works and what doesn't work.

The cannabis industry has a testing problem — and it may not be going away anytime soon. Why? Inexperienced technicians, unscrupulous labs, outdated testing regulations, and inferior testing equipment all factor into the inconsistencies and false results that plague the business. 

3 Years Into Medical Cannabis, Colombia Looks To Legalize Adult-Use

It’s been three years since Colombia issued Decree 613, regulating cannabis for medical and scientific use across the country. The program has been generally considered successful, and has helped establish a cannabis industry that is leading the region in terms of regulatory development, production capacity and attraction of foreign capital. 

Now, a group of lawmakers is pushing for the next step: the legalization of adult-use cannabis in Colombian soil.

International groups re-affirm hemp exempt from global drug rules

International stakeholder groups, led by the European Industrial Hemp Association (EIHA), have re-affirmed that the hemp plant and its downstream products are not subject to international drug rules while also urging that the maximum THC level to distinguish hemp from marijuana be raised to a full 1.0%.