marijuana News

Vaping-Related Illnesses Could be Due to Multiple Causes: U.S. Health Agencies

U.S. health officials said on Friday there may be more than one cause to the outbreak of the mysterious lung illness linked to e-cigarette use and said they do not see a meaningful drop in new cases. As of Tuesday, …

What is Known, Unknown About Lung Illnesses Linked to Vaping

Government public health officials are continuing to advise people to stop e-cigarette or vaping products, especially with THC, the main psychoactive ingredient in marijuana. The Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) issued …

Colorado Banks Quietly Serving Cannabis Industry

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 …

Oregon Pot Racketeering Lawsuit Allowed to Proceed

A judge has ruled that a racketeering lawsuit brought by a vineyard against a neighboring marijuana operation can go forward despite attempts to have it dismissed – a ruling that could increase the odds for vineyards and other agricultural businesses …

Do Cannabis or Alcohol Taxes Have Higher Upside for Society?

Which helps society more? Alcohol or cannabis. That sounds like a funny question, but it may be an important one with more local governments embracing the opportunity to bring in tax revenue from cannabis sales. A new report from Wikileaf, …

Alaska Credit Union Ending Marijuana Business Pilot Program

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, …

Clarifying Law Around Insurance of Marijuana Act Would Reduce Gaps, Expert Says

Chris Boden is stoked about the potential of a recently introduced bill in Congress that would create a safe harbor for insurers engaging with cannabis-related businesses. Boden is the cannabis practice group team leader at Crouse & Associates, a wholesale …

California Cannabis Seller Wants Court to Void County Delivery Ban

Another legal fight is underway over home marijuana delivery in California. A licensed cannabis company has sued Santa Cruz County, claiming that it’s violating state law by prohibiting deliveries from out-of-county retailers into a swath of unincorporated areas. The East …

Welcome to Insuring Cannabis

Welcome to Insuring Cannabis, a newsletter for insurance professionals and risk managers who want to know what’s happening with the budding industry on the state, national and international levels. Each week you will receive a variety of news and feature …

Marijuana Legalization Front and Center in 3 States

Recreational marijuana use is grabbing attention in three states that appear poised at some point to clear the way for adults to buy and possess cannabis for reasons other than medicinal purposes. Illinois is set to become the 11th state …