Latest Cannabis Headlines
All the headlines from our Cannabis Topic Page, ordered by recency.
Skyward Specialty Adds Cannabis Coverage for D&O and E&O Lines
Oct 14 2021 // Skyward Specialty Insurance Group is broadening its professional and management liability offerings for the U.S. legal cannabis market by adding cannabis-related risk to multiple coverage classes. The company’s...
Judge Rejects Missouri’s Medical Marijuana Ownership Residency Rule
Oct 14 2021 // A federal judge has struck down Missouri’s requirement that a majority of the owners of companies that dispense, grow or manufacture marijuana must be state residents. U.S. District Judge Nanette Laughrey issued a...
Republican Lawmaker’s Bill Would Legalize Marijuana in Ohio
Oct 13 2021 // Marijuana would be legalized in Ohio for adults 21 and older under Republican legislation coming in the Ohio House. The bill would encompass the growth, processing, distribution and sale of marijuana and marijuana...
Takeaways from Our Conversation on Cannabis and Surplus Lines
Oct 11 2021 // Powered by InsuranceJournal.tv It may not come as much of a surprise to those who know about insurance and cannabis that the business is written mostly by the surplus lines market. Just how much is written there vs. the...
California Governor Signs Hemp Bill Setting up Regulatory Framework
Oct 7 2021 // California Gov. Gavin Newsom this week signed a bill into law establishing a comprehensive regulatory framework for the manufacture and sale of hemp products in California. Newsom signed Assembly Bill 45. The bill alters...
Mississippi State Dept. of Health Officer: Medical Marijuana Regulation a Concern
Sep 30 2021 // The Mississippi state health officer said that he’s concerned about how the Health Department would receive money for its part in licensing and regulating a proposed medical marijuana program. Dr. Thomas Dobbs said...
Mississippi Legislative Negotiators Reach Medical Marijuana Proposal
Sep 27 2021 // Mississippi House and Senate negotiators said that they have agreed on a proposed medical marijuana program. Leaders are expected to ask Republican Gov. Tate Reeves to call the Legislature into session to put the plan into...
Takeaways from Our Conversation on Crime at Cannabis Operations
Sep 27 2021 // Powered by InsuranceJournal.tv One big national insurance cannabis firm sifted through some of its claims data to tell us that many thefts at cannabis operations are occurring overnight, but more interestingly, based on...
Takeaways from Our Conversation about Innovative Products and Services for the Cannabis Industry
Sep 15 2021 // Powered by InsuranceJournal.tv We’re seeing a number of new cannabis insurance products being rolled out. Insurers may be gearing up for a potential 10-fold increase in sales to the booming $17 billion-a-year...
With Federal Legalization Expected, Cannabis Insurers Get Ready
Sep 6 2021 // Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level. While 36 U.S. states and...
Wyoming Marijuana Signature Effort to Begin in Early September
Sep 6 2021 // Wyoming marijuana advocates plan to begin circulating petitions in September for two proposed ballot measures – one asking if the state should legalize medical marijuana, and the other if it should decriminalize...
Takeaways from Our ‘What Makes a Good Cannabis Broker?’ Conversation
Sep 2 2021 // Powered by InsuranceJournal.tv A broker hands an underwriter an application for a cannabis operation. No red flags so far, but then the underwriter takes a look for himself and finds a converted residence smack in the...
Wyoming Marijuana Signature Effort to Begin in Early September
Aug 20 2021 // Wyoming marijuana advocates plan to begin circulating petitions in September for two proposed ballot measures – one asking if the state should legalize medical marijuana, and the other if it should decriminalize pot. The...
With Federal Legalization Expected, Cannabis Insurers Quietly Get Ready to Roll
Aug 20 2021 // Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level. While 36 U.S. states and...
People Moves: Carpenter Names Willis Re’s Harden President of APAC; HUB Appoints Stait to Lead Canada Cannabis Specialty; Riega Is Fidelis’ Head of Sustainability
Aug 16 2021 // This edition of International People Moves details appointments at Guy Carpenter, HUB International and Fidelis Insurance. A summary of these new hires follows here. Guy Carpenter Names Willis Re’s Harden as...
Takeaways from Our Conversation about Cannabis Product Liability Suits Worth Watching
Aug 16 2021 // Powered by InsuranceJournal.tv If you ask just about any insurance pro or risk manager to list the top exposures for a company, being sued is likely to be right up there. And if you boiled that down into another list,...
Takeaways from Our Conversation on Insuring Cannabis MSOs
Aug 6 2021 // Powered by InsuranceJournal.tv It seems every week there are more and more cannabis mergers and acquisitions. And as these companies get and bigger bigger, so does their reach. When it’s all said and done, 2021 may...
How Homeowners Insurers Can Prepare for the Cannabis Era
Aug 2 2021 // Talk about a growth market. Since Colorado and Washington became the first to pass state laws designed to legalize certain sale and consumption of recreational cannabis in their respective states in 2012, 15 other states...
North Carolina Senate Finance Committee Approves Medical Marijuana Bill
Jul 23 2021 // Legislation to legalize marijuana for medical use in North Carolina advanced through another Senate panel on Wednesday. Members of the Senate Finance Committee, which voted for the legislation, narrowed their review to...
HUB Launches Employee Benefits Captive for Cannabis Organizations
Jul 22 2021 // Chicago-based HUB International Limited (HUB), a global insurance broker and financial services firm, unveiled its newly created Cannabis Benefits Captive, an exclusive employee benefits group captive for cannabis...
