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Despite the yearly earnings for the cannabis industry, insurers only wrote out about 250 million in policies and in many cases are charging far more than typical retailers with extreme limits in place. This might not be of significant importance to consumers, but if insurers do get a chance to play with the cannabis industry – it could revolutionize the industry within a matter of months.

Now Senator Schumer needs all Democratic Members to vote in favor of ending the senate rule against marijuana. He needs their support to legalize weed, and since the marijuana bill will require Republican approval, he will need at least ten votes.  Both political sides are unable to cooperate on this process which means once again, politicians are taking the marijuana industry backward. Ironically, these same politicians are from states that have legalized cannabis. They have accepted that their states are moving into the future where marijuana will matter more and are left behind. 

In Phoenix, Arizona, the first clinical trial studying the impact of smoked cannabis on vets with PTSD began.