Latest Cannabis Headlines
All the headlines from our Cannabis Topic Page, ordered by recency.
Alabama House Committee Advances Medical Marijuana Bill
Apr 9 2021 // A medical marijuana bill on Wednesday cleared its first major hurdle in the Alabama House of Representatives. The House Judiciary Committee approved the bill after lengthy debate and multiple amendment attempts. The bill...
Virginia Becomes First Southern State to Legalize Marijuana
Apr 9 2021 // Virginia became the first Southern state to legalize marijuana Wednesday, as lawmakers voted to approve Governor Ralph Northam’s proposed changes to a bill that will allow adults to possess and cultivate small...
Cannabis Broker Spotlight: Kamel with All-Risks Got into the Budding Business to Help a Friend and He Hasn’t Regretted It
Apr 8 2021 // 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...
New York is Latest State to Legalize Recreational Marijuana
Apr 8 2021 // New York adults over the age of 21 can now possess and use marijuana – even in public – under a legalization bill signed by Governor Andrew Cuomo, though legal sales of recreational-use cannabis won’t...
South Carolina Lawmaker Expects Medical Marijuana Bill to Pass
Apr 6 2021 // A bill that would allow medical marijuana use in South Carolina has again made it to the Senate floor, and the Republican lawmaker who has pushed unrelentingly for the proposal for the past seven years said he thinks it...
Medical Marijuana Bill Advances in Kansas
Mar 31 2021 // Kansas medical marijuana supporters have found support from some conservative Republican legislators, allowing a proposal to advance on March 29 after weeks of deliberations. Some Republicans say they have been motivated...
Minnesota Recreational Marijuana Bill Advances in House
Mar 26 2021 // Minnesota lawmakers have advanced a proposal that would allow recreational marijuana use for adults and automatically expunge minor convictions related to cannabis, inching the state closer toward legalization. The...
RICO Suit against Colorado Cannabis Firms Highlights D&O Dearth
Mar 23 2021 // A scarcity of directors and officers coverage for cannabis companies may be take an even bigger spotlight following a Colorado lawsuit in which two large cannabis operators and several executives are accused of illegally...
Investing in the Cannabis Industry: No Longer a Pipe Dream
Mar 22 2021 // This post is part of a series sponsored by Worldwide Facilities, LLC. In 2020, cannabis spending hit $29 billion. By 2024, global cannabis market revenues are expected to surpass $42 billion. As a result of all this spend,...
Cannabis Broker Spotlight: Tobin with Bolton & Co. Works to ‘Become a Master Student’
Mar 18 2021 // 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...
Opinion: Garland’s Appointment a Beacon in Cannabis Insurance Space
Mar 12 2021 // 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...
Lawmakers Reviewing Alabama Medical Marijuana Legislation Passed by Senate
Mar 12 2021 // The Alabama House of Representatives began a lengthy review of medical marijuana legislation on Wednesday, requiring the bill to go through two committees before it can secure a vote by the full House. The Alabama Senate...
Lawmakers Hear New Pitch for Medical Marijuana Legislation in Nebraska
Mar 12 2021 // A Nebraska lawmaker who is a leading supporter of medical marijuana has warned her fellow senators that the issue will likely appear on the 2022 ballot if they don’t pass a legalization measure this year. Sen. Anna...
One80 Makes Cannabis Buy-in with Cannasure Insurance Services Acquisition
Mar 9 2021 // Cannabis is getting bigger, and now insuring cannabis seems to be a bigger deal, too. The cannabis-focused insurance space can now be counted as part of a larger trend in recently announced business deals in...
M.J. Hall & Co. Expands Admitted Cannabis Insurance Product into Arizona
Mar 8 2021 // M.J. Hall & Co. has introduced an admitted cannabis insurance product in Arizona. March 8 is the effective date for the Cannabis Businessowners Policy (CannaBOP) in Arizona, which the wholesale insurance brokerage...
Cannabis Broker Spotlight: Green Shield’s Medrano Used Insurance to Get into Cannabis
Mar 4 2021 // 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...
Global 2020 Cannabis Sales Hit $21B, Insurance Brokers Saw Premium Boost
Mar 2 2021 // 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...
Mass. Court Says Injured Worker Can’t Charge Insurer for Medical Marijuana Expenses
Mar 1 2021 // The Massachusetts Appeals Court has found that a worker can’t charge his workers’ comp insurer for the cost of medical marijuana treatment due to a work-related injury. This comes after Mark T. Delano initially...
North Dakota House Passes Bill That Would Legalize Recreational Marijuana
Feb 25 2021 // The Republican-controlled House has passed legislation to legalize recreational marijuana in North Dakota. Lawmakers also passed a related bill setting up a tax policy for marijuana. Both bills now go to the Senate. The...
Cannabis Broker Spotlight: Lockton’s Devey Helps Clients Battle ‘Insurance Fatigue’
Feb 18 2021 // 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...
