Posts

Michigan Contaminated Caregiver Medical Marijuana Recalled

In January, 50 pounds of medical marijuana produced by mostly Michigan caregivers was recalled after it was discovered that it was contaminated with E. coli, arsenic, salmonella and cadmium. Marijuana lab test facilities are mandated in almost all states that have legalized medical cannabis with the exception of states like Oregon.

Heavy metals, microbials and other toxins are commonly found in marijuana, making cannabis lab testing facilities a necessity. In states like Michigan, cannabis testing facility insurance is advisable since the science behind testing for toxins and potency require sophisticated equipment like spectrometers.

failed medical marijuana in michigan gets recalled reinforcing the need for marijuana insurance

The Medical Marijuana Licensing Board is allowing licensed facilities to continue purchasing caregiver-produced product through March 31 to close a supply gap. Registered caregivers have been supplying a limited number of patients for about a decade.

Patients must sign a release if they purchase caregiver-produced marijuana, said David Harns, a spokesman for the state Department of Licensing and Regulatory Affairs.

“The products will not be required to have met state testing standards, so patients need to understand that fact and assume the potential risk that the products may present,” he said.

Patients can have the products examined at a safety compliance facility, Harns said.

The Michigan Coalition of Independent Cannabis Testing Laboratories, which is made up of licensed testers, growers and processors, said the selective enforcement of safety regulations doesn’t ensure patients have access to safe medical marijuana.

“Under this new ruling, Michigan’s most vulnerable patients are buying purported medical cannabis products that could legitimately harm them,” the group said in a statement.

Marijuana product liability insurance and cannabis lab testing facility insurance is very important in order for companies to have the coverage to survive setbacks. The cannabis industry is still in its infancy and while the industry waits for federal marijuana reform, cannabis companies need all the back up they can get. Reach out to David Rahn or Eric Rahn with S2S Insurance Specialists to find out about all of your marijuana insurance needs.

Read more at WoodTV.com

THC Amounts The Same In Different Cannabis Strains According To Study

If you are in the cannabis industry chances are you know what the letters THC stand for. Tetrahydrocannabinol, also known as THC, is the principal psychoactive constituent of cannabis. THC is specifically listed under Schedule I by US federal law under the Controlled Substances Act for having “no accepted medical use” and a “lack of accepted safety.” According to Gallup’s most recent poll, 66% of American voters and everyone in the cannabis industry in the United States or worldwide, will tell you they strongly disagree with this classification of THC and the reasoning behind it. In order to change the United States government’s view on THC and other countries, it is important to understand this component of cannabis.

THC, Eric Rahn, cannabis insurance specialists, s2s insurance specialists, marijuana chemistryOne way to begin to have a better understanding of THC is to figure out how much of it is in cannabis? That is exactly what research from UBC’s Okanagan campus set out to do and was able to come to a conclusion. The research from the Canadian university determined that many strains of cannabis have virtually identical levels of tetrahydrocannabinol (THC) and cannabidiol (CBD), despite various claims and names given in the unregulated and regulated markets.

“It is estimated that there are several hundred or perhaps thousands of strains of cannabis currently being cultivated,” says Professor Susan Murch, who teaches chemistry at UBC Okanagan. “We wanted to know how different they truly are, given the variety of unique and exotic names.”

Cannabis breeders have historically selected strains to produce THC, CBD or both, she explains. But the growers have had limited access to different types of plants and there are few records of the parentage of different strains.

THC, S2S Insurance Specialists, marijuana insurance, cannabis lab testing insurance, understanding marijuana“People have had informal breeding programs for a long time,” Murch says. “In a structured program we would keep track of the lineage, such as where the parent plants came from and their characteristics. With unstructured breeding, which is the current norm, particular plants were picked for some characteristic and then given a new name.”

The research shows that most strains, regardless of their origin or name, had the same amount of THC and CBD. They further discovered that breeding highly potent strains of cannabis impacts the genetic diversity within the crop, but not THC or CBD levels.

“A high abundance compound in a plant, such as THC or CBD, isn’t necessarily responsible for the unique medicinal effects of certain strains,” says Mudge. “Understanding the presence of the low abundance cannabinoids could provide valuable information to the medical cannabis community.”

Cannabis has been around a long time, but many scientists and cannabis enthusiasts believe there is a great deal we still don’t know about the plant. An understanding of the amount of THC in various strains is not only interesting but can help states and countries make more sensible laws when it comes to regulation. This information can help cannabis testing labs establish more accurate baseline amounts of THC when testing cannabis for various reasons. At S2S Insurance Specialists we not only provide risk management strategies for cannabis companies, we are advocates for the legalization and safe use of cannabis. Contact Eric Rahn of S2S Insurance today for assistance with your cannabis business risk management strategy.

read more at phys.org

Data Breach Increase Directly Impacts Cannabis Businesses

Legalization of cannabis has grown in popularity due to the recreational potential for some. People like the idea of being able to partake in cannabis freely after a long day, or before a night out, similar to the way we freely consume alcohol. For others, cannabis has the potential to help with all sorts of medical conditions from arthritis to cancer. Many states have legalized cannabis through the mechanism of medicinal use. The medical use requirement means that those facilities providing cannabis fall under the umbrella of medical facilities. These medical facilities are required to keep patient records, patient data, possibly insurance information, payment information and more. These facilities are the prime targets for cyber criminals who can exploit network weaknesses and expose cannabis businesses to a data breach.

s2s insurance, eric rahn, cannabis data breach, marijuana, who insures the cannabis industryA data breach is an incident in which sensitive, confidential, or other private date is accessed and/or disclosed in an unauthorized fashion. Data breaches may involve personal health information, personally identifiable information, trade secrets or intellectual property. A company that stores this information such as a medical cannabis provider is legally liable for the protection of this personal information. It is important to have proper security measures to protect the data, but cyber criminals are persistent therefore you’ll need additional protection. Data breach insurance is that additional protection. Marijuana data breach insurance protects business owners from legal liability resulting from this type of breach, whether the information is leaked electronically or by some other means such as a paper file.

Over an eight-year span, healthcare organizations reported 2,149 data breaches affecting 176.4 million records to the federal government, with almost every year bringing an increase in privacy incidents, according to new research.

To conduct their research, they examined all data breaches compiled by the U.S. Department of Health and Human Services Office for Civil Rights from 2010 through 2017. They found that, aside from 2015, the annual data breach tally increased each year, rising from 199 in 2010 to 344 in 2017.

Under the law, healthcare organizations that handle protected health information must report breaches of a certain size to the federal government. But that does not mean that every data breach gets reported or included in the count.

The size of each breach ran from 500 to 78.8 million patient records, with a median of 2,300 records and a mean of 84,456, according to the findings.

Healthcare providers were hit the hardest, reporting 1,503 data breaches that compromised 37.1 million records during the period in question. The number of incidents made up 70 percent of all data breaches included in the tally.
But health plans, which reported 278 data breaches, reported 110.4 million exposed records, or 63 percent of the pie, according to the findings.

Although most healthcare data breaches focused on paper or film, the 410 breaches that emanated from network servers bared 139.9 million records, nearly 80 percent of the total.

s2s insurance, eric rahn, cannabis data breach, marijuana cyber security, lab testing insurance, cannabis insuranceEven the best network security systems can be hacked or compromised in some way shape or form. Often the compromise is due to human error such as opening and clicking on links in a phishing email or inadvertently providing access to an outside threat. There are a number of variables that a business owner or cannabis medical provider can’t anticipate, which is where cannabis data breach insurance becomes necessary. Business owners should work with an experienced cannabis insurance specialist like Eric Rahn of S2S Insurance. As always all polices are subject to policy limits and should be reviewed with a cannabis insurance specialist and your attorney.

read more at hcanews.com