Colorado’s cannabis industry has had a chief request since marijuana was legalized: Give us access to banks. But it turns out that hundreds of the state’s pot businesses are already working with financial institutions under the close watch of federal …
Regardless of the odds facing a bill designed to enable regular banking and financial services for cannabis business, some experts are encouraged by passage through the House of something that would greatly benefit the insurance and cannabis industries. The U.S. …
Buying some green bud at a dispensary shouldn’t be much different than purchasing a green pepper at the supermarket. That’s how Rocco Petrilli, a long-time insurance and risk management consultant to the auto industry, sees it. Petrilli, like many who …
More than half of hemp crops cultivated in Hawaii in the past year were unusable due to high THC levels, officials said. The crops cultivated for the state’s hemp industry tested above the federal limit for the chemical that causes …
An Alaska credit union plans to discontinue a pilot program to provide checking and savings accounts to marijuana-related businesses, an official said. Credit Union 1 will end the program Aug. 30 because critical insurance coverage will no longer be available, …
A state House committee has rejected a bill that would have legalized recreational marijuana use in Montana. The Independent Record reported that the House Taxation Committee voted 12-6 last week to table House Bill 770, effectively killing the measure. Supporters …
California Insurance Commissioner Dave Jones on Thursday announced he has approved three more insurance carriers to offer coverage for the cannabis industry in the state. The North River Insurance Co. and United States Fire Insurance Co. will begin offering coverage …
