News

The Impact of the COVID-19 Crisis on Cannabis Business Insurance

by NCRMA Newsroom | Apr 23, 2020 | Blog, Coronavirus, Press

Republished from Cannabis Business Executive Magazine April 20, 2020 by Nick DiUlio 0 Comments It has become painfully clear that the current Coronavirus pandemic has not left a single sector of American business untouched, and that includes the United States’...

5 Positive Impacts on the Cannabis Industry in Uncertain Times from Purple Risk Insurance

by NCRMA Newsroom | Apr 13, 2020 | Blog, Coronavirus

As the COVID-19 pandemic continues to rage across the nation, the cannabis industry is entering uncharted waters: an economy engulfed by a far-reaching recession. The coronavirus outbreak is inflicting severe damage, and the cannabis industry—along with traditional...

Marijuana companies mostly shut out of $2 trillion coronavirus stimulus package

by NCRMA Newsroom | Apr 10, 2020 | Blog, Coronavirus

Note: Article originally published on MJBizDaily by Jeff Smith. Click here to read on MJBizDaily.com. Many states have declared cannabis companies “essential businesses” during the COVID-19 pandemic and allowed them to maintain operations, but the U.S. Congress...

There Are Big Changes Coming to the Cannabis Industry in 2020

by NCRMA Newsroom | Apr 5, 2020 | Blog, Coronavirus

From NASDAQ.com: Marijuana stocks had a rough 2019. The Horizons Marijuana Life Sciences ETF(OTC: HMLSF) fell 39% last year as the S&P 500 rose by 29%. The honeymoon stage for the cannabis industry is long over. And although the outbreak of the coronavirus isn't...

Podcast: Dr. Rachel Knox of ADVENT Academy Shares Insights on the Endocannabinoid System

by NCRMA Newsroom | Apr 2, 2020 | Blog

How important is the endocannabinoid system? On Episode #54 of The Cannabis Conversation, Dr. Rachel Knox of NCRMA service partner ADVENT Academy shares her expertise. Dr. Knox occupies many roles within the cannabis space and is a leading cannabinoid medicine expert,...

Marijuana deliveries skyrocket in Las Vegas during coronavirus crisis

by NCRMA Newsroom | Apr 2, 2020 | Blog, Coronavirus

Note: Article originally published on Las Vegas Sun by Bryan Horwath. Click here to read on lasvegassun.com. Editor's note: Acres Cannabis, owned by Curaleaf, previously used a third-party marijuana delivery service but as of March 27 is operating its own. Before the...

Some cannabis businesses add employees, others mull layoffs in response to coronavirus crisis

by NCRMA Newsroom | Mar 31, 2020 | Blog, Coronavirus

Note: Article originally published on MJBizDaily by Margaret Jackson. Click here to read on MJBizDaily.com. Marijuana businesses navigating staffing issues during the COVID-19 outbreak are taking different tacks as they strive to keep employees and customers healthy...

NCRMA Appoints Alex Hearding as Chief Risk Management Officer

by NCRMA Newsroom | Mar 23, 2020 | Blog, Coronavirus, Press

PITTSBURGH, March 23, 2020 /PRNewswire/ -- The National Cannabis Risk Management Association (NCRMA) has appointed Alex Hearding, a scientist and cannabis industry veteran, as its first Chief Risk Management Officer. The move is the latest step in an aggressive plan...

3rd mandatory recall for Ohio’s barely 2-month old medical marijuana program offers lessons in risk

by NCRMA Newsroom | Mar 20, 2020 | Blog, Coronavirus

“Ohio officials on Friday recalled several medical marijuana products from cultivator Pure Ohio Wellness after it was found the products hadn't been properly tested for contaminants.” ...

NCRMA Partner Holds Call to Provide Coronavirus Advice

by NCRMA Newsroom | Mar 20, 2020 | Blog, Coronavirus

Tucker Arensberg Attorneys, a certifed partner with the National Cannabis Risk Management Association, will hold a conference call to provide advice on weathering the coronavirus pandemic. The call will be held from 2-3 p.m. Eastern on Friday, March 20 and will cover...