Welcome back to the second chapter of our insightful Cannabis Risk Management series from Valerie Taylor with NCIA Blooming Member The Liberty Company Insurance Brokers. In our inaugural blog, we meticulously examined the art and science of cannabis cultivation, dissecting the unique risks and unveiling strategies to safeguard your valuable... Read more
The National Cannabis Industry Association (NCIA) is thrilled to unveil the distinguished individuals selected to join its board for the 2024-26 term. Comprising leaders and innovators from various sectors, the newly appointed board members bring a wealth of expertise and commitment to shaping the future of the cannabis industry.... Read more
Cannabis Industry Cybersecurity threats are on the rise, and organizations that don’t take a proactive approach to information security may see themselves increasingly targeted. In this blog, members of National Cannabis Industry Association’s Risk Management & Insurance (RMIC) details key considerations to help cannabis organizations enhance their network security.... Read more
For decades, cannabis enthusiasts and scientists alike have been intrigued by the distinctive scents emitted by various cannabis cultivars. Particularly, the question that has persisted among many is: which compounds are responsible for the potent gassy and skunky scents so often associated with cannabis? Abstrax Tech, a frontrunner in... Read more
Presented by the Cannabis Team with BGM, a Seedling Member of NCIA As we usher in the transformative year of 2024, the cannabis industry stands at the threshold of unprecedented growth and evolution. The Cannabis Team at BGM, a dedicated Seedling Member of the National Cannabis Industry Association (NCIA),... Read more
As we step into 2024, it’s safe to say that the cannabis industry is not just growing; it’s thriving! The reports reveal that the number of medical marijuana dispensaries in the US has observed a 1.7% jump from the previous year- totaling 5,142 in 2022. Moreover, the industry is... Read more
The cannabis landscape is experiencing a swift evolution, with one particularly captivating facet garnering considerable attention—cannabis consumption lounges. In a recent webinar titled “Puff Past, Prosper: The Insider’s Guide to Operating a Cannabis Consumption Lounge,” (or Designated Consumption Establishment) hosted by the National Cannabis Industry Association (NCIA), industry luminaries... Read more
Brian Hanna’s Regulatory Odyssey: A Unique Insight Welcome to the third edition of our groundbreaking Policy Matters series, an in-depth exploration into the intricate world of cannabis regulation. As we continue this journey of discovery, having unraveled the insights of Will Tilburg from the Maryland Cannabis Administration in September... Read more
In the fast-paced world of cannabis retail delivery, where popularity and convenience of home delivery mingles with the complexities of compliance, risk management takes center stage. As experts in the field of cannabis insurance, we recognize that the journey from shelf to doorstep is not just a logistical dance... Read more
As the cannabis industry rides the waves of rapid globalization and acceptance, it is evolving into a multi-billion-dollar sector. And with this sudden influx of money, has also come an influx of data. Unfortunately, the industry is evolving and growing faster than many businesses can keep up with, leading... Read more