Committee Blog: Is American Cannabis Still the Wild West?
Marijuana Laws, Regulations, & Politics May 16, 2022 0
by NCIA’s Risk Management and Insurance CommitteeMatthew Johnson, Quadscore Insurance Services Cannabis is America’s riskiest business. Cannabis itself is a highly valuable commodity, but cannabis businesses also deal largely in cash – making them a prime target for thieves across the country. Recent headlines have reported a rash of... Read more
Keeping the Spotlight on Cannabis Banking Reform
Marijuana Laws, Regulations, & Politics May 16, 2022 0
by Sadaf Naushad, NCIA Intern As the middle of May approaches, cannabis advocates, lobbyists, associations, and many more continue to educate congressional offices on the importance of cannabis policy reform. So far, 37 states have legalized medical marijuana, and 18 states – including the District of Columbia – permit... Read more
In recent years, the Iowa Legislature has opened the door to medical marijuana but kept it closed on attempts to ease restrictions on the possession and use of cannabis. In the current legislative session, a Democratic proposal, Senate Joint Resolution 2003, means to amend the Iowa Constitution to legalize and... Read more
California Governor Newsom Includes Cannabis Industry Reforms in Revised State Budget Proposal
Marijuana Industry News May 16, 2022 0
With an historic state budget surplus of $97 billion in hand, California Governor Gavin Newsom on Friday released a revised 2022-23 state budget proposal that included several changes to the state’s cannabis tax and regulatory regime that are meant to prop up California’s struggling legal industry while undermining its... Read more
Why We Need to Dispel the Myth That Cannabis Can Only Be Grown Indoors
Marijuana Industry News May 16, 2022 0
In the United States, most licensed commercial cannabis cultivation occurs indoors. However, the energy consumption of indoor grow-ops can be mind-boggling, with lighting, HVAC, and dehumidification being the three major energy-consuming culprits. This situation presents a challenge for our industry as more states legalize cultivation, and other countries look... Read more
Tense Geopolitical Situation Is Ideal for Everbridge Stock
Marijuana Business, Stocks, Finance, & Investing May 16, 2022 0
Why Contrarians Should Look at Everbridge Inc Technology and growth stocks are currently being shunned by the market. So far, 2022 has been the opposite of 2021, when euphoria drove high-valuation stocks to excessive levels. With both the Nasdaq and Russell 2000 treading in bear-market territory, it might be... Read more
