by CIPNV | Jan 15, 2018 | General, Marijuana News, Medical Marijuana
The Cole Memo In 2013, US Attorney James Cole issued a memorandum that instructed federal law enforcement and prosecutors to adopt a more “hands-off” approach to enforcement of marijuana laws in states that had legalized medical or recreational use. This...
by CIPNV | Nov 7, 2017 | General
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...
by CIPNV | Sep 25, 2017 | General, Marijuana Insurance, Marijuana News
When Question 2 was approved by Nevada voters in 2016, it provided liquor distributors with an 18 month exclusive right to distribute marijuana from growers to retail stores. Recreational sales began on July 1, 2017 and within days the demand for cannabis had...
by CIPNV | Aug 2, 2017 | General
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...
by CIPNV | May 30, 2017 | General
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...
by CIPNV | May 8, 2017 | Business Insurance, Cannabis Dispensary, General, Marijuana Insurance, Marijuana News, Medical Marijuana
With strong support in Clark and Washoe counties, question 2 passed in Nevada with a 54% margin. This means that recreational marijuana is now legal in Nevada, joining the ranks of Colorado, Oregon, Washington, Maine, Massachusetts, Alaska, and DC. As of January 1,...
