(AP Photo/Susan Montoya Bryan)

Insurance Coverage Remains Sparse, Confusing for Cannabis Industry

“Money is still being transported around in buckets and being buried in backyards. And honestly, that’s where we felt there is more risk,” said the general counsel for Golden Bear Insurance Company.

Business
Caribbean

Barbados Medical Cannabis Industry Launches, Aims to Boost Small Farmers

Barbados will also implement a system to track and trace cannabis from seed to sale, the Caribbean island nation’s cannabis regulator said last week.

Arizona

Arizona Swiftly Launches Adult Use Cannabis Sales

Voters approved legalization in November. On Friday, regulators awarded 86 licenses to businesses, and adult use cannabis sales commenced. No state has moved so quickly.

New York

Newly Lobbying on Cannabis in New York: Consumer Healthcare and Alcohol Groups

As lawmakers and Governor Andrew Cuomo push to legalize cannabis, new groups have registered to lobby on cannabis and hemp.