By David Hua, CEO and Co-Founder of Meadow Raising capital has been a huge hurdle for many Black and Brown-owned businesses, and it’s one of the reasons the promises of social equity programs have yet to be fully realized. In an effort to level the playing field and streamline early-stage financing for social equity cannabis …
By Lauren Mendelsohn, Esq. [email protected] If 2020 has taught Californians anything, it’s the importance of being prepared for and knowing how to respond to disasters and unexpected events. How can cannabis companies prepare for and respond to emergencies like wildfires, power outages, earthquakes, and infectious disease outbreaks? This blog post aims to provide some guidance …
by Rosie Yagielo, COO, HempStaff Cannabis businesses are now legal to some degree in 34 states. Between medical and adult-use programs, entrepreneurs, big and small, have an opportunity to get involved in today’s fastest growing industry. From micro growers to mom and pop owned dispensary, everyone has a chance to be successful with the right …
By Dama Financial Myth 1: It is illegal for Banks to serve Cannabis-related Businesses because marijuana is illegal under federal law. The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana. However, 10 states plus Washington D.C. have fully legalized marijuana and 33 states have legalized it for …
By Shauna Blackburn of Cannabis Connect Insurance Services It is important to know that every cannabis business in the chain of custody (cultivation, processing, manufacturing, distributing, wholesalers and retailers alike) is responsible for tracking and protecting against product tampering. Below are some policy forms, exclusions, or endorsements often found on a general liability insurance policy …