On 12 November 2019 the Bermuda Monetary Authority (BMA) released a notice in response to an increase in enquires in respect of licencing to re/insure cannabis related risk and the recent legalization of cannabis in Canada.

Legislation that would make the use of cannabis for both recreational and medicinal purposes legal has been tabled in Bermuda's House of Assembly. If passed into law, the...

The Bermuda Monetary Authority has confirmed that it will not object to BMA-supervised entities conducting cannabis business with a licensed cannabis cultivator

On 19 February 2021, the lower house of Bermuda's Parliament (the "House") passed the Cannabis Licensing Act 2020 ("CLA").