medical cannabis News

Canada’s Intact Financial Not Planning to Insure Recreational Cannabis Industry

Don’t expect Intact Financial Corp., Canada’s largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. “It’s not seen as the pot of gold that we should chase after,” Chief Financial Officer Louis Marcotte said Tuesday at the …

Canada Delays Sales of Recreational Cannabis in Retail Stores as Legalization Looms

Canada’s largest province is delaying the launch of private marijuana sales in bricks-and-mortar stores until April 2019, nearly six months after the drug is legalized for recreational use. Ontario’s Progressive Conservative government said Monday it will start cannabis sales with …

Some Recreational Cannabis Products to Remain Banned Under New Canada Law

A key segment of Canada’s marijuana industry will remain banned for up to a year after the drug becomes legal for recreational use — making it harder for Justin Trudeau to kill off the black market. Edibles, beverages, and pot …

Canadian Health Insurers Reluctant to Provide Cover for Medical Marijuana

Sun Life Financial, Canada’s No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan – more than 17 years after the country first legalized it. The coverage, which requires employers to pay a premium, extends only …

Canada’s Evergreen Pacific Insurance Corp. to Buy Natural Health Provider Synergy

Evergreen Pacific Insurance Corp. (EPIC), the Toronto-based financial-services holding company, announced it has signed a binding agreement to acquire a majority interest in Synergy Health Services, subject to completion of customary due diligence. Financial details of the transaction were not …

How Medical Marijuana Reduces Opioid Use; Saves Lives, Money

Medical marijuana laws could be a boon to those battling the opioid epidemic, according to researchers who have identified a link between increased access to medical marijuana and a reduction in opioid prescriptions. The studies suggest medical marijuana laws (MMLs) …

Medical Marijuana Availablity Expanded in Minnesota

Judy Bjerke Severson wants to be normal — visit friends and family, go to the grocery store or even sleep in her own bed — but she says the crippling pain from fibromyalgia and back surgery complications, as well as …

Georgia House Committee Evaluating Medical Marijuana Bill

Debate has opened on a bill that would legalize the use of cannabis oil for cancer, seizure disorders and other chronic illnesses in Georgia. A House committee discussed the bill on Tuesday. Sponsoring Rep. Allen Peake of Macon said the …

Georgia Lawmaker Files Medical Marijuana Bill

A top state lawmaker has filed an early bill that would allow for the limited use of medical cannabis in Georgia. Republican Rep. Allen Peake, who serves as part of the House leadership team, filed the legislation known as “Haleigh’s …