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The savior of the cannabis industry... Ted Cruz?!?

If Jeff Sessions is fired or resigns from his role as Attorney General, as has been widely speculated in recent days, the cannabis industry may have unexpected reason to celebrate: Ted Cruz. President Trump is rumored to be considering Mr. Cruz as Mr. Sessions's replacement. Regardless of what you might think of bases for the current imbroglio that Mr. Sessions and President Trump are entangled in, there is no question that Mr. Sessions is among the politicians most openly antagonistic to the legal cannabis industry. While Mr. Cruz may not be much more popular with legal cannabis advocates than Mr. Sessions, the Texas Senator poses far less of an existential threat to the legal cannabis

Oregon demands insurers make clear whether they cover cannabis

Oregon is taking significant strides to ensure that insuring cannabis risk is understandable and predictable for policyholders. In a move that could serve as an example for other states in which cannabis is legal in one form or another, the state has instructed all property and casualty insurance carriers to modify their policies to "explicitly state whether marijuana items and marijuana activities are covered or excluded," lest they subject themselves to bad faith claims. On June 29, 2017, the Oregon Department of Consumer and Business Services' Division of Financial Regulation issued Bulletin DFR 2017-04. The Bulletin notes some of the issues familiar to those who have been following the

Governor Brown signs MAUCRSA, merging medicinal and adult-use cannabis regulations

California Governor Jerry Brown signed into law the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA) on June 27, 217. Responding to industry feedback, California lawmakers have now unified regulation of the state's medicinal and adult-use (recreational) cannabis regulations. While the rules for medicinal and adult-use still differ in some ways, the new regulations go a long way toward eliminating the inconsistencies between AUMA and MCRSA. Check back for updates regarding details of MAUCRSA and how they might impact your business. For now, here is a sampling of key features of the legislation: With limited exceptions, the same license types will be available for both m

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