marijuana insurance News

Alaska Marijuana Business License Applications Outpacing System

The number of applications for marijuana business licenses is outgrowing the Alcohol and Marijuana Control Office’s approval system. The Fairbanks Daily News-Miner reports a May 8 Marijuana Control Office spreadsheet says there are 467 applications being processed with another 46 …

Hundreds of Illegal Pot Shops Operating in Los Angeles, Police Say

Los Angeles has issued licenses to nearly 100 marijuana retailers but police estimate there are at least two times that number operating illegally in the city and undercutting those who are playing by the rules. Police have shut down eight …

Filling Approved for First Admitted Insurer in California to Sell Cannabis Insurance

The California insurance commissioner has approved the first filing by an admitted commercial insurance company to sell cannabis business insurance. Insurance Commissioner Dave Jones on Thursday announced the approved filing from Golden Bear Insurance Co. “This is the first of …

‘Office Of Cannabis’ OK’d by San Francisco Supervisors

San Francisco officials have approved a new Office of Cannabis in advance of recreational marijuana sales starting in California next year. The San Francisco Chronicle reported that the Board of Supervisors also directed the new office to analyze disparities that …

Nevada’s Recreational Marijuana Sales Launch Hinges on Court Decision

Nevada’s marijuana regulators are working furiously to launch recreational sales on July 1, a fast-approaching deadline that could hinge on a court deciding whether the powerful liquor industry should be guaranteed a piece of the pot pie before tourists and …

Court Rules Neighbors Can Sue Colorado Pot Grower over Stink

A Colorado pot farm’s neighbor can sue them for smells and other nuisances that could harm their property values, a federal appeals court ruled. The 10th U.S. Circuit Court of Appeals ruling revives a lawsuit between a Colorado horse farm …

Bipartisan Senators Look to Address Banking Risk for Marijuana Industry

Republican and Democratic senators on Wednesday renewed their drive to make banking easier for marijuana-based businesses in those U.S. states where the drug is legal, undeterred by signals from the Trump administration about maintaining tough marijuana restrictions nationally. The eight …

Denver Proposes Rules for Businesses to Allow Social Marijuana Use

Denver, Colo. has proposed a set of rules for businesses that get permits to allow social marijuana use. The Denver Post reported that among the rules presented, businesses owners would have to require customers to sign waivers as they enter, …

Colorado Bill to Curb Growing Pot at Home Making Way Through Legislature

The nation’s most generous grow-your-own marijuana laws came closer this week to being curbed in Colorado, where the state House advanced a pair of bills aimed at cracking down on people who grow weed outside the commercial, taxed system. One …

Washington Attorney General Will Fight if Necessary to Keep State’s Legal Pot

Washington Attorney General Bob Ferguson says the state is ready to fight if necessary to keep its legal marijuana. Ferguson made the comments after White House spokesman Sean Spicer suggested during a press briefing that President Donald Trump’s administration might …