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The SAFE Banking Act Introduced

- April 3, 2019

Though cannabis is legal in some form in dozens of states, many risk-adverse banks and financial institutions choose not to do business with those in the industry because marijuana remains illegal at the national level. As a result, many cannabis-related businesses operate on a cash-only basis, not accepting credit cards and paying their taxes in […]

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Cannabis in the News: Medical Cannabis Dispensaries Open in Ohio, Vermont Passes Bill to Regulate Marijuana and more

- March 19, 2019

Medical Marijuana Dispensaries open in Ohio On January 16, 2019, medical marijuana dispensaries started opening in Ohio with more slated to open in the near future. The program was adopted over two years ago and this marks the first time patients can legally obtain cannabis in the state. Bill to Regulate and Tax Marijuana for […]

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Cannasure Featured in Intelligent Insurer

- March 18, 2019

Cannasure was recently featured in Intelligent Insurer’s article, “Insurance for Legal Marijuana Hindered by Limited Policies, Finds AM Best.” The AM Best report breaks down the current state of marijuana insurance and the challenges that both insurers and insured in this market face. “In 2017, annual marijuana sales in the US were valued at $8.1 […]

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What the 2018 Farm Bill Means for the Hemp Industry

- January 16, 2019

About every five years or so, Congress passes a new Farm Bill that shapes the agricultural industry. This particular Bill has a huge impact on how and what types of crops are grown. On December 20, 2018, President Trump signed the new $867-billion Farm Bill into legislation. Among many other laws and regulations, the Bill […]

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Cannabis in the News: Northern Mariana Islands Legalizes Marijuana, Cannabis as an Alternative for Opioid Use and More

- October 12, 2018

The Northern Mariana Islands Legalize and Regulate Marijuana The Commonwealth of the Northern Mariana Islands made history when they legalized marijuana for both medical and recreational use. Governor Ralph Torres signed the bill, which includes home cultivation, on-site consumption, micro-producers and more, into law on September 21, 2018, making it the first time that a […]

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Cannabis in the News: Sessions Ends Obama Era Legal Marijuana Policy, States Push for Legal Marijuana Banking and More

- February 12, 2018

Attorney General Sessions Reverses Legal Marijuana Policy Since 2013, the Justice Department policy was to not enforce federal marijuana laws against businesses or individuals in states with medical or recreational marijuana laws with the exception of cases involving minors or gangs, sales across states and the cultivation of marijuana on federal property. On January 4, […]

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Founder Patrick McManamon Featured in Recent Bloomberg Article

- November 22, 2016

Patrick McManamon, Founder and Director of Cannasure, was recently featured in a Bloomberg article entitled “America’s Legal Pot Economy is Forced Underground.” The piece examines the many ways in which businesses working within the legal marijuana industry (including those providing ancillary services, such as media, investment and insurance companies) are forced to operate at a disadvantage. At best, they are treated with […]

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A Marijuana Victory For All States

- September 1, 2013

If you didn’t hear, well, there’s good news, straight from USA Today: The Justice Department will not attempt to challenge state laws that allow for the medical and recreational use of marijuana as long as the drug sales do not conflict with eight new federal enforcement priorities. Although the directive issued by Attorney General Eric Holder […]

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