INSURANCE BLOG

The Age of Legal Cannabis?

The Age of Legal Cannabis?

Is the age of nationwide legal cannabis here? In a historic move, the House Judiciary Committee approved a bill that decriminalize marijuana across the United States:  The MORE Act - Marijuana Opportunity Reinvestment and Expungement act of 2019. This historic...

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Is Marijuana Legal in Your State?

Is Marijuana Legal in Your State?

Although marijuana remains illegal at the federal level, many states have decriminalized its use and possession.  So, is marijuana legal in your state? Check out this helpful infographic provided by peoplefinders about the status of marijuana use and possession in...

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Cannabis Tax Booming in Nevada

Cannabis Tax Booming in Nevada

Legal recreational marijuana sales began July 1, 2017 in Nevada. According to Nevada taxation officials, tax revenue from cannabis sales totaled nearly $3.7M. Total sales of marijuana was approximately $27M. That's a legitimate boom for Nevada and growing very close...

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Banking for the Cannabis Industry

Banking for the Cannabis Industry

The legal cannabis industry continues to grow despite hurdles at the federal level. Banking for the cannabis industry, in particular, has been a challenge for many dispensaries, cultivators, and testing labs. Much of this difficulty stems from the 2013 Cole Memo and...

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Legal Cannabis in Maine

Legal Cannabis in Maine

On November 8, 2016, after a very close vote, marijuana was finally legalized in the state of Maine. That puts the state in a group of other 7 states and the District of Columbia which have made cannabis legal for recreational purposes, retail sale, and the taxation...

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