Archive for April 2021
Does Your Cannabis Business Need Insurance?
Distinct aspects of the cannabis industry separate it from other types of business, however, all business includes elements of protection and preservation. Just as banking has been a thorny subject, cannabis insurance held the same reputation until recently. Today, however, the ability to obtain coverage for all divisions of the industry is less convoluted. Diligence…
Read MoreNew Marijuana Banking Bill: What’s Included and What’s Missing
The Secure and Fair Enforcement (SAFE) Banking Act (a marijuana banking act) has been reintroduced to the House by Rep. Ed Perlmutter (D-CO); this bill protects financial institutions that service state-legal marijuana businesses from being penalized by federal regulators. Previously, the bill had cleared the House but did not advance in the Republican-controlled Senate. There…
Read MoreMichigan Legalizes Cannabis-Infused Beverages
One of the many benefits of legalization is the opportunity to research and develop new ways of consuming cannabis. Cannabis-based beverages are an example, and the state of Michigan has taken notice. Michigan Marijuana Regulatory Agency Director Andrew Brisbo had noted in October 2020 cannabis-infused beverages were “an area of interest to a lot of processors…
Read MoreCan New Jersey’s Slow Start to Cannabis Legalization Recover?
Is recreational weed legal in New Jersey? Despite the recent bill NJ Governor, Phil Murphy signed to finally legalize cannabis in New Jersey and put an end to arrests for possession, some say it’s long overdue. The main position from his 2017 campaign for governor included committing to sign any cannabis legalization that ended up…
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