PurpleRisk® Management Services, LLC

Following legalization in 2016, and the opening of the state’s first two Marijuana Retailers in 2018, the Commonwealth’s adult-use cannabis market has flourished, generating more than $8 billion in gross sales. Learn more: youtu.be/2ERg-V06Shg

New Jersey takes a bold step to de‑risk cannabis coverage! Read how this proposal could open the door for insurers to enter New Jersey’s cannabis market with confidence. hubs.la/Q048kTgf0 #insurance #cannabis #regulatoryrisk #NewJersey

Virginia adult use cannabis sales to launch Jan. 2027 mjbizdaily.com/news/virginia-…

What would a move from Schedule I to Schedule III really mean for the cannabis industry and for insurance markets? starwindins.com/Tools-Intel/ca… via Starwind Specialty Insurance, A CRC Group Company

Cannabis is no longer operating in a legal gray zone when it comes to product liability. Courts across the country are applying traditional product liability principles to THC and hemp-derived products, the team at @FrantzWardLLP writes. cannabisbusinesstimes.com/columns/full-s…

Pending a governor’s signature, Virginians 21 and older can have their cannabis and buy it, too. State lawmakers agreed on the specifics of an adult-use cannabis sales bill, including a Jan. 1, 2027, dispensary launch date. cannabisbusinesstimes.com/us-states/virg…

Ellen’s Bud Break: The Purple & Blue Pigments of Cannabis Anthocyanins contribute to the colors and the healing properties of weed. These strains are prime examples. 💜 By @Hollandbuds hightimes.com/strains/ellens…

Virginia Lawmakers Pass Bill To Legalize Recreational Marijuana Sales, Sending It To Governor's Desk: "This legislation represents a balanced path forward to responsibly regulate Virginia's cannabis market." marijuanamoment.net/virginia-lawma…

It is with profound sadness that we share the passing of Bobby Weir. We send him off the way he sent so many of us on our way: with a farewell that isn’t an ending, but a blessing.  A reward for a life worth livin'. bobweir.net/bobby/ 📸 Chloe Weir

Bobby Weir, just 17 years old when he co-founded the Warlocks, was one of the very few people who was at every single Grateful Dead show. Joining up with Jerry and Pigpen in 1964, and soon after Billy and Phil, with Mickey soon to follow, the Grateful Dead were defined by each of the unique musicians and voices these guys brought to the stage. And Bobby was as unique as they come. A guitar player unlike any other, and a songwriter who created some of the most interesting, exciting, and oddly-timed songs in rock history, Bobby was also the unabashed rock star in the Grateful Dead. His list of contributions to the Grateful Dead repertoire is way too long to list, but songs like Sugar Magnolia, Truckin', Jack Straw, Cassidy, Looks Like Rain, Playing In The Band, Weather Report Suite, The Music Never Stopped, Estimated Prophet, Feel Like A Stranger, Hell In A Bucket, and Throwing Stones are just the tip of iceberg of his songwriting magnificence. When Bobby had a spare moment both during the Dead's 30 year performing career and after, he was always working on exciting, different projects like Kingfish, Bobby & The Midnites, Weir & Wasserman, RatDog, The Other Ones, The Dead, Furthur, Dead & Company, Wolf Bros, symphonic collaborations, recordings, performing. He never sat still, and was always moving forward, an inspiration to us all. Watching Bobby do anything was always a joy, as he embraced life around him. First and foremost, his family gave him immense happiness. Being on stage and performing for us all showed us a man who loved to bring smiles to our faces. He didn't do anything halfway, always giving it his all. For 60 years, Bobby has been a huge part of the soundtrack to our lives. His kindness, generosity, and musical contributions have made our world a better place. — David Lemieux Photo by Adrian Boot @ Retro Photo Archive

My perspective on Trump's rescheduling EO (13 min long).

Which States Are Most Likely To Legalize Marijuana In 2026?: "Federal rescheduling at the behest of President Trump could make the difference.” marijuanamoment.net/which-states-m…

A California cannabis worker in his 20s died of work-related asthma in 2020, but it went unpublicized and unlearned from. Two years later, it happened again in Massachusetts. Details of the California death didn't become public until a 2025 study. cannabisbusinesstimes.com/business-issue…

Big U.S. banks are still refusing to do business with the legal cannabis industry despite December 18, 2025 rescheduling Executive Order mjbizdaily.com/news/big-banks… via @MJBizDaily

Kennedy with Purple Risk (@purpleriskmgmt) Preaches Education, Specialization, Differentiation insuretechnews.org/cannabis-broke… via InsureTech News #cannabisindustry #cannabisinsurance

Our founder spoke with @MJBizDaily about why directors and officers (D&O) liability insurance is increasingly important – and costly – for #cannabis companies. mjbizdaily.com/directors-and-… via @MJBizDaily with @riskinnovator #cannabisindustry #cannabisinsurance #dando #insurance

Rates forecast down for property, flat or positive for casualty: USI #USI #RiskManagement #AutoLiability #CatastropheInsurance #PropertyInsurance bit.ly/4skcB2m

The typical U.S. dispensary would save $268K annually under Schedule III (through the 280E tax removal), according to @headset_io: “When retailers operate under persistent cash pressure, it increases fragility across the broader supply chain.” cannabisbusinesstimes.com/cannabis-resch…

When will marijuana become officially Schedule 3, unlocking tax benefits and encouraging research? There are a few scenarios. mjbizdaily.com/news/when-is-m…

Lawmakers, State Officials, Advocates And Industry React To Trump's Marijuana Rescheduling Order: “Though a step in the right direction, more must be done to decriminalize cannabis...and rectify the harms done by the War on Drugs." marijuanamoment.net/lawmakers-stat…