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Tag: Cannabis
Cannabis Transporting Risks to Address
The cannabis industry is booming and it appears it will only continue to grow with time. According to a 2017 report, cannabis will be a 24 billion dollar industry by 2025. This is an exciting time of explosive growth for those businesses in the industry and careful planning is required to help boost business while […]
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What Features Make a Cannabis Retailer Reputable?
If you’re like most Americans, you might have mixed feelings about cannabis. Most adults living today grew up in a time period in which the words “cannabis”, “marijuana”, and “hemp” resulted in suspicion or even fear. Today, though, there’s a more relaxed stance taken on this herb, and in some states, purchasing and owning cannabis, […]
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Legal vs. Illegal Dispensaries: What to Look For
With the legalization of marijuana, U.S. cities are seeing a rise in both legal and illegal dispensaries. One of the biggest differences between a legal cannabis dispensary and an illegal one is the quality of the product. In January 2020, the Bureau of Cannabis Control in California tested products from 45 illegal dispensaries and cannabis […]
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How Will COVID-19 Affect the Cannabis Industry?
COVID-19 has changed the landscape for many businesses. The cannabis industry is navigating new realities from the amount of sales to insurance product changes. Industry professionals are keeping a close eye on the market as states walk the line of reopening economies. While there are particular concerns within the industry, there are also some possible […]
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New Cannabis Products Hitting The Market This Year
In the U.S., the legalization of cannabis for recreational purposes has been rolling across the country. Cannabidiol (CBD) has been decriminalized at the federal level and, as of January of 2020, recreational marijuana is legal in 11 states, plus the District of Columbia. More states are destined to follow suit. The cannabis plant contains several […]
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The Risk Exposures for Cannabis Industry in 2020
There is a growing concern over the risk exposures facing the cannabis industry for 2020. However, it may not be what most people would expect such as problems with slip-and-falls at cannabis dispensaries, crops being ruined by extreme weather, or even adequate quality control issues. In fact, Rocco Petrilli, board chair and chief operating officer […]
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Do Third-Party Hemp Harvesters Really Need Insurance Coverage?
At one time, California’s confusing laws surrounding cannabis and hemp actually made it harder for hemp growers and harvesters to do business than medical or recreational marijuana growers. However, in 2018, Governor Jerry Brown updated California’s slanted law surrounding hemp and cannabis to allow California farmers to produce non-intoxicating hemp for industrial and commercial uses […]
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How Legal Grow Ops Can Keep Their Crops Covered
It is hard to believe that it has been over 20 years since California legalized the use of medical marijuana. In 2016, recreational use was finally voted in for adult use. Now, the cannabis industry in California and across the U.S. is growing faster than these states can issue licenses. Other states are quickly following […]
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