24 08, 2019

A Second Bill To Expand Insurance Coverage Access For Marijuana Businesses Introduced This Month

By |2019-09-09T03:56:57-07:00August 24th, 2019|Business, Industry, Legislation|0 Comments

Another federal, bipartisan bill has entered the arena to bring insurance access to more cannabis-related businesses, joining several others that cover other aspects of the industry, but it remains to be seen what will actually [...]

9 08, 2019

Bipartisan Bill Would Increase Insurance Coverage Access To Marijuana Businesses

By |2019-09-09T03:57:03-07:00August 9th, 2019|Business, Industry, Legislation|0 Comments

The insurance industry has few options for cannabis-related businesses due to federal prohibition, even though these businesses have a strong need for insurance protection, and Congress now looks like it’s planning to do something about [...]

9 07, 2019

Early Cannabis Insurance Claims Experience Looks Promising

By |2019-07-05T06:31:13-07:00July 9th, 2019|Industry|0 Comments

Cannabis insurance is a budding, young market, and early fears about high claim rates have turned to optimism as reality has played out post-legalization in individual states. When a new insurance market emerges, it’s common [...]

9 06, 2019

Could Captive Insurance Be A Solution For Cannabis Businesses?

By |2019-06-04T06:24:06-07:00June 9th, 2019|Industry|0 Comments

Cannabis is a growing billion-dollar industry but the insurance sector only offers a limited range of coverage (when they offer any at all). But what if cannabis companies could band together to create their own [...]

9 05, 2019

How The SAFE Act Would Reduce Risk for Cannabis Businesses

By |2019-09-09T03:57:20-07:00May 9th, 2019|Business, Industry, Legislation|0 Comments

Cannabis businesses struggling under the weight of a cash-only system may soon see relief as the SAFE Banking Act makes its way through Congressional committees. The most recent version of the SAFE Banking Act was [...]

9 04, 2019

Insurers Remain Cautious About Insuring Marijuana Companies

By |2019-04-04T12:53:56-07:00April 9th, 2019|Industry|0 Comments

Cannabis-related businesses need good insurance policies to operate legally and to protect their assets, but providing that insurance remains challenging, preventing wide participation by carriers. According to a new report from A.M. Best, the only [...]

24 02, 2019

Cannabis Insurance Making Progress In California

By |2019-09-09T03:57:38-07:00February 24th, 2019|Industry, Legislation|0 Comments

There is much buzz around the cannabis industry as it continues to grow (and bring in millions in tax dollars). The federal prohibition keeps cannabis-related businesses from accessing resources that legitimate businesses usually have access [...]