marijuana News

Takeaways from Our ‘What Makes a Good Cannabis Broker?’ Conversation

A broker hands an underwriter an application for a cannabis operation. No red flags so far, but then the underwriter takes a look for himself and finds a converted residence smack in the middle of a neighborhood, complete with minors …

Takeaways from Our Conversation on Insuring Cannabis MSOs

It seems every week there are more and more cannabis mergers and acquisitions. And as these companies get and bigger bigger, so does their reach. When it’s all said and done, 2021 may have been the year of cannabis M&AS, …

Two Takeaways from Delta-8 Conversation

Delta-8 is generating quite a buzz over what appears to be legal loophole enabling the production and sales of the intoxicating product in both legal and non-legal states. New York just became the latest state to ban delta-8 THC, as …

Study Shows How Recreational Cannabis Legalization May Change Illegal Drug Markets

A study published in the scientific journal Addiction provides evidence of the association between recreational cannabis laws in U.S. states and responses in the illegal markets for cannabis, heroin and other drugs. The study found that the implementation of recreational …

U.S. Legal Cannabis Sales Hit Record $17.5B as Legislation Transforms Insurance Outlook

A new report highlights the opportunity for insurers in cannabis. New Dawn Risk launched its latest white paper on insurance for the U.S. legal cannabis, CBD and hemp markets. The 2021 report is called “Opportunity knocks at last in the …

Insuring Cannabis Webinar Take Home: Carriers, Brokers Waiting on Sidelines

There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize. That was among the messages delivered by experts during Insurance Journal’s webinar in mid-April, How Insurance …

Cannabis Broker Spotlight: Tobin with Bolton & Co. Works to ‘Become a Master Student’

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

Opinion: Garland’s Appointment a Beacon in Cannabis Insurance Space

Joe Biden’s election as President of the United States and the Democrats’ reclamation of control of the U.S. Senate may well have far-reaching effects on the U.S. cannabis industry, including, but not limited to, ultimately impacting what insurance coverage is …

Cannabis Broker Spotlight: Green Shield’s Medrano Used Insurance to Get into Cannabis

Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …

Global 2020 Cannabis Sales Hit $21B, Insurance Brokers Saw Premium Boost

If one thing can be said about the pandemic, it definitely was not a bad thing for cannabis, a business that many states declared to be essential as numerous other business sectors shut down to help slow the spread of …