2020 Elections, Cannabis, and Increased Demand for Cannabis Real Estate

Regardless of their political party, the majority of Americans support cannabis legalization. According to a 2019 Pew Research Center survey, 55% of Republicans and 78% of Democrats agreed that marijuana “should be made legal.” Overall, 67% of Americans want to see cannabis legalized. Only 32% think that cannabis “should not be…

Directors and Officers Liability Insurance in the Cannabis & Hemp Industries

The legal cannabis and hemp industries have enormous room for growth. One report from New Frontier Data shows that legal cannabis sales will come close to $30 billion by 2025. Despite the potential growth of legal cannabis and hemp sales, the industry is still very young. As a new industry, no one…

Rule Your Extraction Business with an Iron Fist

When it comes to processing cannabis and hemp materials—extraction is one of the most popular methods. All plants are made of chemical compounds, like terpenes/terpenoids for smell and flavanoids for flavor. These compounds are often extracted in plants like lavender, and even your daily coffee or tea is similar. An…

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…