Canadian Underwriter

Keyword
Marijuana


News Risk

Feds approve first saliva screening roadside test for marijuana

August 28, 2018 The Canadian Press

OTTAWA – Justice Minister Jody Wilson-Raybould is giving the green light to a new roadside test to check for drugs. On Monday, Wilson-Raybould approved the Drager DrugTest 5000 as the first saliva screening equipment to be used by law enforcement

News BrokersInsuranceMarkets / CoveragesProductsRisk

Hub’s Top 3 pot risks

August 23, 2018 by Jason Contant

As cannabis comes closer to being legalized in Canada, Hub International told Canadian Underwriter the three major risks the brokerage has faced while writing cannabis insurance for the past four years. One of them is cash-on-hand, meaning pot producers have money

News InsuranceLegislation / Regulation

The client that should resemble a jail

July 18, 2018 by Greg Meckbach

Once the new cannabis regulations take effect this October, commercial brokers servicing marijuana-producing clients should ask clients what they are doing to keep their production facilities secure. If a commercial underwriter gets an application for insurance from a cannabis grower,

News InsuranceLegislation / RegulationMarkets / Coverages

Why marijuana legalization could impact cyber risk

July 17, 2018 by Greg Meckbach

Commercial brokers looking to place insurance for cannabis providers should be paying close attention to the information their clients keep on medical marijuana patients. Cannabis regulations announced last week will supersede the Access to Cannabis for Medical Purposes Regulations once

News Markets / Coverages

Marijuana legalization to offer pot by mail, access to banks

June 26, 2018 Gene Johnson - THE ASSOCIATED PRESS

Mail-order weed? You betcha! With nationwide marijuana legalization in Canada on the horizon, the industry is shaping up differently there than the way it was established in nine U.S. states that have similarly broad legalization. Age limits, government involvement in

News ClaimsInsuranceLegislation / RegulationMarkets / Coverages

Recreational marijuana to be legal by mid-September

June 20, 2018 Joan Bryden - THE CANADIAN PRESS

OTTAWA – Canadians will be able to legally purchase and consume recreational marijuana by mid-September at the latest after the Senate voted Tuesday to lift almost a century-old prohibition on cannabis. Senators voted 52-29, with two abstentions, to pass Bill

News Insurance

Some business risks from marijuana regulation changes

June 7, 2018 by Greg Meckbach

A Canadian fish oil supplement supplier, a business that hopes to enter the medical marijuana industry, is warning of the risks posed by the “rapidly-evolving” cannabis industry and uncertainty over Health Canada’s license approval process. Health, safety and environmental regulations

News Legislation / Regulation

System for enforcing legalized recreational marijuana remains hazy

June 3, 2018 Gemma Karstens-Smith - THE CANADIAN PRESS

VANCOUVER – Marijuana businesses are growing in size and scope as Canada moves toward legalization of recreational pot, creating an increasingly daunting job for those tasked with enforcing the rules. In Vancouver’s bustling downtown, sleek, modern posters with fashionable fonts

News Insurance

Plan to make recreational pot legal to proceed as planned

May 6, 2018 Teresa Wright - THE CANADIAN PRESS

OTTAWA – Prime Minister Justin Trudeau isn’t backing down from his government’s much-maligned timeline for legalizing marijuana, despite a growing chorus of calls from senators, Indigenous leaders and others to delay the plan for up to a year. Trudeau says

News Insurance

Provinces need more info about marijuana impairment testing technology

April 27, 2018 The Canadian Press

VANCOUVER – British Columbia may have unveiled its plan for regulating recreational marijuana, but the enforcement and testing for drug-impaired driving remains hazy. Solicitor General Mike Farnworth says the provinces need to hear “ASAP” from the federal government about what

News InsuranceLegislation / RegulationMarkets / Coverages

Guide to legalization predicts home-grown pot to be “biggest municipal headache”

April 18, 2018 Joan Bryden - THE CANADIAN PRESS

OTTAWA – Municipalities will have to grapple with a host of thorny issues once recreational cannabis is legalized in Canada – but it’s the matter of home-grown marijuana plants that’s expected to cause them the biggest headaches. The Federation of

News InsuranceLegislation / RegulationMarkets / Coverages

Why total bans on workplace pot won’t be easy under Cannabis Act

March 23, 2018 by David Gambrill

Employers may be hard-pressed to ban marijuana outright from the workplace once The Cannabis Act is implemented in Canada, a lawyer told delegates attending the Ontario Mutual Insurance Association (OMIA) Thursday. “Both bills [related to The Cannabis Act, Bills C-45