marijuana News

California Approves New Product Liability Program for Cannabis Industry

California Insurance Commissioner Dave Jones announced on Wednesday he has approved a new product liability and product recall program for the cannabis industry in California. This new cannabis insurance policy, offered by Continental Heritage Insurance Co., provides product liability and …

Utah Governor Signs Legislation Allowing Terminally Ill to Use Pot

Utah Gov. Gary Herbert has signed a bill allowing terminally ill people to use certain forms of marijuana. Herbert’s office announced Wednesday that he signed the measure allowing people to use the drug if a doctor has determined they have …

Taxpayer-Backed Bank for Pot Money Proposed in California

California officials announced this week that they will take a detailed look at the possibility of creating a taxpayer-backed bank to handle what could be billions of dollars in revenue generated by the state’s legal marijuana industry. State Treasurer John …

California Pulls Stoned Driving Ad Critics Argued Promoted Pot Use

California officials on Friday pulled an ad aimed at discouraging stoned driving after critics said it glorified and promoted marijuana use. The public service announcement was rolled out as California began allowing licensed stores to sell pot to adults on …

Penn. Couple Suing Police, Insurance Company After Hibiscus Mistaken for Pot

A couple who say they were handcuffed for hours in a police patrol car after their hibiscus plants were confused for marijuana are suing the police and an insurance company. Edward and Audrey Cramer say in a lawsuit filed Tuesday …

California’s New Pot Market Brings Sticker Shock

California’s legal marijuana marketplace is coming with a kaleidoscope of new taxes and fees that could influence where it’s grown, how pot cookies and other munchies are produced and the price tag on just about everything. Be ready for sticker …

Admitted Carriers, CanaBOP Coming to California’s Cannabis Industry

The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …

California Fires Pose Grave Risk to Marijuana Growers

For many businesses in northern California, it will take years to rebuild from the wildfires that have decimated the region. For many legal cannabis growers, the destruction could be insurmountable. At least six marijuana farms have been destroyed, said Hezekiah …

Voters in Alaska Reject Local Marijuana Ban Efforts

Voters in some parts of Alaska rejected efforts to ban commercial marijuana cultivation and retail sales, three years after the nation’s largest state passed a voter initiative legalizing the recreational use of the drug. The votes this week came during …

Las Vegas Pot Testing Lab’s License Suspended by State

Officials confirmed a Las Vegas marijuana testing laboratory has been suspended. The Las Vegas Review-Journal reported that Department of Taxation spokeswoman Stephanie Klapstein says the department on Aug. 24 suspended the license of G3 Labs LLC. Klapstein says the Nevada …