Cannabis and Hemp in Thailand

Are you an entrepreneur or business person looking to invest in the cannabis and hemp industry? If yes, Thailand might be your most probable destination. With numerous developments, regulations, and research, the Thai’s cannabis market is becoming a hit, not only in Asia but also globally, Thailand is among the…

Global Cannabis Markets to Watch in 2020

The global cannabis industry is taking shape, with new markets emerging gradually. From North America to Europe and Asia, Cannabis is becoming a new raw market for investors and business people. The recent wake of legalizations is leading to the emergence of new markets for cannabis investors. 2020 will likely…

Emerging Cannabis Markets to Watch in 2020

Although the federal government keeps dragging its heels, more and more states keep legalizing cannabis. When recreational cannabis sales started in Illinois on January 1, 2020, the state’s lieutenant governor, Juliana Stratton, bought a can of popular microdose gummies from a dispensary. On January 1, Illinois became the 11th state to sell…

Things to Consider When Buying or Selling a Cannabis Business in California

Buying or selling a business is a complex undertaking in most situations. But operating in the cannabis industry adds extra layers of difficulty. It’s highly regulated, and the laws may vary greatly from one jurisdiction to another. This is true even within a single state. In California, you must review…

Cannabis & Hemp Insurance: Expectations for 2020

The hemp and cannabis industry experienced a few pleasant and not-so-pleasant surprises in 2019. Regardless, its value chain—primary, including seed providers and cultivators; secondary, comprising product manufacturers; and tertiary, consisting of retailers and supporting services providers—has flourished. Cannabis/Hemp Industry in 2019 The amount of land that U.S. farmers are licensed…

US Legislators Drop Burdensome Regulations That Kept Banks and Hemp Apart

When Congress passed the Hemp Farming Act of 2018, a lot of farmers, manufacturers, and retailers assumed that they could start selling their products just like other companies do. These new businesses already had a lot of regulations to follow, such as ensuring THC levels below 0.03%. It didn’t take…

How Illinois Cities and Towns are Preparing for Cannabis Legalization

More states are legalizing cannabis both for medical and recreational use, a move that has gained increased acceptance among members of the general public. The reality of these law changes has some cities and towns scrambling to adjust. Many move to change their zoning laws and add city ordinances governing…

Wildfires and PG&E Outages… a Nightmare for California Cannabis Companies

October holds significance for many California cannabis companies. The month is the peak of wildfire season, as well as main harvest time for cannabis plants grown outdoors. Past years’ wildfires ravaged marijuana farms, many of which never recovered or still are rebuilding. The decision by local utility company Pacific Gas…

Mitigating Cannabis & Hemp Industry Risks With Insurance

Those involved in the hemp and cannabis industry need insurance just like everyone else. But this particular industry has special challenges and considerations. Many insurance companies remain cautious about covering the hemp and cannabis industry because of marijuana’s classification as a Schedule 1 narcotic in the eyes of the federal…