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Insurance Giant’s Exit From Cannabis Market Could Trigger Shakeup, Higher Rates

By Tony C. Dreibus A decision late last month by Lloyd’s of London to exit the cannabis industry may change the dynamics of the marijuana insurance market and usher in…

News June 10
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Louisiana MMJ Bill Sent to Governor

The Louisiana Legislature has put its final stamp of approval on a medical marijuana legalization bill, sending the measure to the state’s governor, who has said he will sign it.…

News June 9

Oregon Could Levy 20% Sales Tax on Recreational Marijuana

Cannabis businesses in Oregon could pay up to 20% in state and local sales taxes on recreational cannabis transactions under a tentative deal reached by lawmakers. The agreement – which…

News June 9

Company Donates $1M to Canadian Marijuana Research

A Canadian startup that’s hoping to grow and sell medical cannabis is giving the University of British Columbia $1 million to bolster MMJ research. National Green Biomed, which was founded…

News June 9
marijuana union

Increasing Union Membership Presents New Opportunities, Challenges for Cannabis Industry

By John Schroyer A growing number of marijuana workers have unionized in recent years, adding a new dynamic to a rapidly growing – yet still relatively young – industry. The…

News June 9
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Industrial Hemp Stalls in Indiana

Although industrial hemp production was legalized in the staunchly red state of Indiana last year, no fields have yet been planted. That’s because would-be hemp companies have been waiting for…

News June 8

Ohio Lawmakers Want to Ban Marijuana ‘Monopoly’

Ohio legislators don’t want the marijuana business to look like the state’s casino industry if voters legalize cannabis this fall. In 2009, a group that included Cleveland Cavaliers owner Dan…

News June 8

Illinois group: Women have prime opportunity in marijuana industry

A group of Illinois women believe female entrepreneurs have a good chance of succeeding in the cannabis space because they’re not hindered by the old-boy networks that dominate other industries.…

News June 8
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U.S. Cannabis Companies Putting Mexican Growers Out of Business

Cannabis growers, processors and retailers in the United States are doing something the Drug Enforcement Administration never could: putting Mexican marijuana dealers out of business. About a third of marijuana…

News June 8
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