cannabis News

Cannabis Firms See Jump in Insurance Costs to Protect Leaders as Investors Sue

Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and misinformation, with more such action expected. Some …

Don’t Even Think of Selling CBD as a Door-to-Door Vacuum Salesperson

Executives at Kirby Co.’s home office noticed an odd trend: Its door-to-door vacuum-cleaner salespeople were increasingly involved in the same side gig — pitching CBD oil. Kirby, whose parent company is owned by Warren Buffett’s Berkshire Hathaway Inc., didn’t like …

Vaping Lung Illness May Be Linked to Cannabis Product, Say Health Officials

Severe, mysterious lung illnesses that have struck more than 200 people around the country may be tied to an ingredient in cannabis-containing vapor products, said the New York State Department of Health. New York and other states, as well as …

California Court: Marijuana OK in Prison, but not for Use

SACRAMENTO, Calif.– A California appeals court says it’s legal to have small amounts of marijuana in prison — so long as inmates don’t inhale. The 3rd District Court of Appeal ruled that California voters legalized recreational possession of less than …

Texas Push to Decriminalize Pot Falters Despite GOP Support

AUSTIN, Texas — Texas’ tough stance on marijuana as the drug becomes increasingly legal elsewhere in the U.S. has grounded a bipartisan push in the state to decriminalize minor offenses _ a change the Texas GOP platform has come around …

Workers’ Comp Claims in Colorado’s Cannabis Industry Not as High as You Think

It’s a safe bet that there are a number of those among us who envision workers in the marijuana industry as mostly a bunch of mellow bud-blazers haphazardly performing the daily tasks of trimming, potting, transporting or selling cannabis. Those …

Mainstream Retailers Embrace Marijuana’s Less Taboo Cousin

NEW YORK — It’s showing up in everything from skin creams to bath balms to dog treats — an elixir that can supposedly reduce anxiety and help you sleep. The ingredient? CBD, or cannabidiol, a compound derived from hemp and …

N.J. to Vote on Cannabis Legalization, Congress Mulls SAFE Act

Two key votes this week will help set the tone and direction for cannabis acceptance in the U.S., including a push by New Jersey to become the 11th state to legalize recreational pot. Garden State lawmakers are expected to vote …

Insurance Group Says Data Suggests Cannabis is Increasing Accident Rates

Preliminary research indicates that the legalization of recreational marijuana in 10 states has increased accident rates, the Insurance Information Institute said Wednesday. The group cited an October 2018 study by the Highway Loss Data Institute that shows collision claim frequency …

New Hampshire Supreme Court Rules Board Wrong to Deny Workers’ Comp for Medical Pot

The New Hampshire Supreme Court has ruled that a labor appeals board was wrong to determine that workers’ compensation insurance can’t reimburse an employee for the cost of medical marijuana. The court found that under the state’s medical marijuana law, …