specialty business insurance brokerage | passionate about innovation💡and insurance🛡️contact us for #cannabisinsurance | founder = @riskinnovator
Connecticut, New York, Arizona
Joined January 2019
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PurpleRisk® Management Services, LLC retweeted
The Evolution of Cannabis Insurance teapaw.org/i/broadcasts/1yGBePydz…
PurpleRisk® Management Services, LLC retweeted
6 insurance policies crucial for most operators — that may be required by law to maintain a license — or to operate in compliance with state regulations or contract requirements.
Source: purplerisk.com/blog
PurpleRisk® Management Services, LLC retweeted
6 insurance policies crucial for most operators — that may be required by law to maintain a license — or to operate in compliance with state regulations or contract requirements.
Source: purplerisk.com/blog
PurpleRisk® Management Services, LLC retweeted
Teen weed use is at a record low.
Past-month use among U.S. high schoolers fell from 23.1% in 2011 to 12.9% in 2025, down 44%.
Meanwhile, cannabis use among Americans 65+ is rising.
The generational map is flipping.
By @camilitabx: hightimes.com/analysis/the-g…
Connecticut cannabis retailers have sold $713 million of adult-use products since the market launched in 2023, with medical sales totaling $339 million in the same period. Flower is the leading product category in both markets.
Source: ganjapreneur.com/connecticut… via @ganjapreneur
PurpleRisk® Management Services, LLC retweeted
States Should Start Planning Now For FDA Approval Of Psychedelics, Federal Report Says: The SAMHSA document also notes that putting psychedelics in Schedule I was seen as "a response to cultural panic...rather than a science-based assessment."
marijuanamoment.net/states-s…
6 insurance policies crucial for most operators — that may be required by law to maintain a license — or to operate in compliance with state regulations or contract requirements.
Source: purplerisk.com/blog
PurpleRisk® Management Services, LLC retweeted
Five years after becoming the first Southern state to legalize possession of marijuana, Virginia has approved a legal way to sell it to recreational users. State budget legislation enacted Monday will allow up... insurancejournal.com/news/ea…
PurpleRisk® Management Services, LLC retweeted
Want to find out if your community allows adult-use cannabis sales or delivery? Look it up on our Municipal Zoning Tracker: masscannabiscontrol.com/muni…
PurpleRisk® Management Services, LLC retweeted
It's been 5 weeks since the Schedule III order, but cannabis businesses growing, manufacturing or selling AU and medical under one roof still have no guidance on apportioning expenses under 280E. Now, 7 U.S. lawmakers are urging "clear, timely guidance."
cannabisbusinesstimes.com/le…
PurpleRisk® Management Services, LLC retweeted
NJ Appeals Court Opens Door for Medical Marijuana Users to Sue Would-Be Employers law.com/njlawjournal/2026/05…
PurpleRisk® Management Services, LLC retweeted
Drought in the contiguous United States has reached record levels for this time of year, weather data shows. Meteorologists said it’s a bad sign for the upcoming wildfire season, food prices and western water... carriermanagement.com/news/2…
PurpleRisk® Management Services, LLC retweeted
Schedule III is here. But not in the way a lot of people think.
The immediate move covers FDA-approved medicines containing the plant and products regulated under state medical licenses. It is not legalization, and everything outside those covered categories is still in Schedule I for now. That’s also why there’s still a hearing on June 29: the broader federal question is still being decided.
For licensed medical operators, the big practical shift is tax relief and fewer research barriers. But no, this doesn’t free anyone from prison, expunge records or suddenly make the broader market legal under federal law.
So... is this a win? Tell us in the comments
PurpleRisk® Management Services, LLC retweeted
Renewal rates for most lines decrease: Ivans
#AutoLiability #GeneralLiability #PropertyInsurance #WorkersComp #RiskManagement
bit.ly/4vNJuGo
40 infused gummy products in Ohio recalled due to labeling error spectrumnews1.com/oh/columbu… via @SpectrumNews1OH
PurpleRisk® Management Services, LLC retweeted
It's official. State-licensed medical marijuana is now Schedule III.
Not legalization. Not descheduling. The 280E tax burden ends for licensed medical operators.
@JavierHasse explains everything else you need to know on @HIGH_TIMES_Mag: hightimes.com/news/politics/…
PurpleRisk® Management Services, LLC retweeted
Under the decisive leadership of @POTUS, this Department of Justice is delivering on his promise to improve American healthcare. This includes:
• Immediately rescheduling FDA-approved marijuana and state-licensed marijuana from Schedule I to Schedule IIl
• Ordering a new, expedited hearing with set deadlines, to fully reschedule marijuana
These actions will enable more targeted, rigorous research into marijuana's safety and efficacy, expanding patients' access to treatments and empowering doctors to make better-informed healthcare decisions.
PurpleRisk® Management Services, LLC retweeted
Texas Judge Pauses New Rules Banning Hemp Products Like Smokable THCA Flower Amid Legal Challenge From Industry: "Thousands of people lose their products, their lifetime investments, their businesses, their jobs."
marijuanamoment.net/texas-ju…
PurpleRisk® Management Services, LLC retweeted
A new survey finds 72% of cannabis consumers are concerned about pesticides, with most willing to trade THC levels for cleaner weed.
hightimes.com/grow/the-thc-a…
