The Origins of 4/20: A Deep Dive into Cannabis Culture’s Favorite Holiday

The Origins of 4/20: A Deep Dive into Cannabis Culture’s Favorite Holiday If you’re a fan of cannabis culture, you’ve probably heard of 4/20. It’s a day of celebration for marijuana enthusiasts, with events and gatherings taking place all over the world. But how did this date come to be associated with cannabis culture? Let’s […]

What are Michigan’s Attestation Forms for Cannabis Businesses?

What are Michigan’s Attestation Forms for Cannabis Businesses? Growing a successful business in the cannabis industry can be a challenge because your focus is essential in many different areas. Whether it is a product, marketing and sales, supply chain and logistics, day-to-day operations, employees, safety and security, and compliance with regulations and insurance. Of course, […]

Was The First American Flag Really Made of Hemp?

Was The First American Flag Really Made of Hemp? When the American Revolution broke out in 1775, most regiments participating in the war for independence against the British were fighting under their own flag. However, in June of 1775, the Second Continental Congress met to create the Continental Army so that they could align a […]

Social Engineering Attacks on the Rise- Don’t be a Victim!

Social Engineering Attacks on the Rise- Don’t be a Victim! First of all, what is a social engineering attack? Social engineering can be summarized as an act of manipulation, to trick someone into sharing sensitive information or unwillingly downloading malicious software. Social engineering attacks are incredibly successful, as they prey on one’s inherent trust in others. […]

You Asked, We Answer – Navigating the Cannabis Insurance Marketplace

You Asked, We Answer – Navigating the Cannabis Insurance Marketplace Michigan CannTech Expo As Michigan continues to evolve in the Cannabis business, hemp, laws, and regulations, you can join thousands of industry professionals to gain information on this expanding market. Join the Spire Insurance Solutions team at the Michigan CannaTech Expo in Mt. Pleasant, MI on 4/20 and 4/21. Our […]

Are Your Product Liability Limits Enough?

Are Your Product Liability Limits Enough? Have you wondered if product recalls actually happen in cannabis? Well, in Michigan, the Marijuana Regulatory Agency recently issued a recall for several products due to unreliable test results. This recall could be impacting over 400 sales locations throughout the state in what may be the largest cannabis recall in Michigan’s short […]

What Are “Gram Shop” Laws in Michigan?

What Are “Gram Shop” Laws in Michigan? Public Act 55 of 2021 was approved by the governor  and filed with the Secretary of State on July 13, 2021. Director Andrew Brisbo of the Michigan Marijuana Regulatory Agency (MRA) communicated details of this amendment to the Michigan Regulation and Taxation of Marijuana Act (MRTMA) in the Advisory Bulletin found here. This […]

8 Reasons Why Your Cannabis Business Needs Cyber Insurance

8 Reasons Why Your Cannabis Business Needs Cyber Insurance So, you most likely are wondering now “Why does my cannabis business even need cyber liability policy?” Great question! In short, small and medium-sized businesses are vulnerable targets and statistics show they have become the global favorite for cyber criminals. The odds of a cyber breach against […]

Tips for Finding the Right Cannabis Business Insurance

Tips for Finding the Right Cannabis Business Insurance It is no secret that the cannabis industry is booming! The United States legal cannabis market is projected to double in size to $41.5 billion by 2025 according to a recent New Frontier Data report. Only four states have no laws relating to legal marijuana use — Idaho, Kansas, […]

What Is Social Engineering and What Does It Mean for My Cannabis Business?

What Is Social Engineering and What Does It Mean for My Cannabis Business? On February 4, 2021, the Michigan Marijuana Regulatory Agency (MRA) issued announced that there had been recent social engineering attacks against MRA licenses. The MRA informed marijuana businesses about incidents of fraud or attempted fraud and common themes of this include: Licensees were […]

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