The cannabis industry is expected to grow by $146.4 billion by 2025. There is no question about the increasing popularity of cannabis in the United States since 33 districts have legalized the use of cannabis. Some states have not legalized cannabis, but they allow the use of some byproducts of …
Common Cannabis Insurance Claims
The cannabis industry is rapidly growing in the United States. According to the Bank of America Securities, legal cannabis sales grew by 40% in 2021, and global market sales rose to $31 billion. In the United States, 18 states have legalized the use of recreational cannabis. A Gallup survey …
Oklahoma Requirements To Open A Cannabis Dispensary
The marijuana industry is flourishing in Oklahoma, particularly due to its utilization for medical and recreational purposes. Yet until recently, the law prosecuted people for using this controversial plant. While the startup costs for opening a cannabis dispensary in Oklahoma are considerably …
Licenses Your Cannabis Retail Store In Arizona Must Have
As of 2020, a majority of Arizonians wanted the right to access recreational cannabis legally, and to that end, they voted in favor of Proposition 207. An entirely new market has emerged in the state and a highly profitable one at that. Arizonians spent $1.4 billion on cannabis just a year after …
Key Cannabis Insurance Policies Your Dispensary Needs
The cannabis sector has seen substantial expansion in recent years, thanks to the legalization of marijuana for medical and recreational use in a majority of states. Every day, new cannabis dispensaries open their doors for business. First-time business owners may not be aware of all the hazards …
How To Open A Dispensary In New Mexico
In June of 2021, New Mexico joined the bloc of U.S. states that have legalized the use of cannabis in a medicinal and recreational capacity. This led to the subsequent boom in the cannabis market. To regulate the use of the substance, the Cannabis Regulation Act established New Mexico Cannabis …