Marijuana Business Magazine August 2019

Idaho Medical marijuana advocates filed an initiative to place MMJ legalization on the 2020 ballot, which would potentially create a statewide retail market. The Idaho Cannabis Coalition submitted initial signatures to start the process, and the Secretary of State must review the initiative. Illinois Gov. J.B. Pritzker signed a recreational marijuana legalization bill into law, paving the way for the creation of a potential $2 billion market with strong business opportunities. With the signature, Illinois becomes the first state in the country to legalize recreational cannabis sales through its Legislature and the 11th overall to approve adult-use marijuana. “We’re also creating a $30 million low-interest loan program to create opportunity for entrepreneurs in the communities that deserve it the most (from the war on drugs),” Pritzker tweeted the day he signed the legislation. The program will launch Jan. 1. Some Insurance Companies See Your Business as Tough to Insure Aspera Sees You as Easy to Please Products available in CA, CO, FL, OR, TX, WA Aspera can insure cannabis businesses from seed to sale: Growers Manufacturers Medical evaluators Retailers Tenants & landlords Security Corporate Officers Boards of Directors Staffing Services ...and more. Contact your local independent insurance agent today or visit www.asperains.com to learn about commercial insurance through Aspera.