Cannabis business News

Expert Sees a ‘Strong Need’ for Insurance for Cannabis Industry

There’s “still a really strong need” for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who specializes in the sector. Ian Stewart, a partner in Wilson Elser and chair of the …

Utah Lawmakers Draft Bill on Marijuana, Set for Consideration

Utah lawmakers and others involved in forging legislation to revise a voter-approved medical marijuana law say they’ve settled on a new version for consideration during an anticipated December special session. The Utah Medical Cannabis Act set to be discussed during …

Sales of Marijuana in Colorado Topped $1B Through August

A Colorado reports shows marijuana sales in the state have exceeded $1 billion as of August of this year, with tax revenue from those sales reaching $200 million. The Denver Post reports the state Department of Revenue report indicates medical …

New Workers’ Comp Program for California’s Cannabis Industry

California Insurance Commissioner Dave Jones today announced a new workers’ compensation insurance program for California’s cannabis industry. The program was created by Atlas General Insurance Services to serve businesses and workers in the cannabis industry. This program is designed to …