marijuana sales News

Nevada Marijuana Sales Near $42M as of October

New numbers show Nevada marijuana sales are continuing to grow. The Nevada Department of Taxation announced this week that Nevada had nearly $42 million in marijuana sales in October, which generated $8.24 million in tax revenue for the state. The …

Nevada Regulators Will Consider Emergency Pot Distribution Rules

Nevada Gov. Brian Sandoval has authorized state regulators to consider emergency rules that would allow officials to determine whether the state has enough marijuana distributors to keep its retail shops supplied. The Nevada Department of Taxation announced regulators will consider …

Marijuana Sales Exceed Expectations of Las Vegas Store Owners

Recreational marijuana sales have exceeded the expectations of Las Vegas area store owners. Eager pot customers this week again lined up before dispensaries opened their doors. That’s after thousands swarmed the pot stores over the weekend. Nevada on Saturday became …

Maine Town to Consider Pot Moratorium After Vote to Legalize

Officials in Richmond held a public hearing this week on a proposed temporary ban on marijuana retailers and social clubs in the Maine town. The Kennebec Journal reports the Planning Board’s hearing was set for 7 p.m. Tuesday. The Board …

Washington State Entrepreneurs Stake Their Claim in Marijuana ‘Green Rush’

Editor’s Note: This is the second in a series of articles on the the marijuana insurance industry to appear on InsuranceJournal.com. Upcoming stories will include reports on how medical marijuana could affect the workers’ compensation market, potential changes to federal …

Marijuana Insurance Industry: How High Can It Go?

Editor’s Note: This is the first in a series of articles on the the marijuana insurance industry to appear on InsuranceJournal.com. Upcoming stories will include reports on how medical marijuana could affect the workers’ compensation market, potential changes to federal …

MMD Insurance to Offer Protection from Denied Claims for Cannabis Businesses

MMD Insurance Services has launched products completed operations with health hazards coverage and removed the “marijuana and its derivatives”, explicitly and in writing, for cannabis businesses in concurrence with the arrival of retail cannabis sales in Colorado and Washington State. …