9 11, 2020

Cannabis Use Not Associated with Increased Risk of Workplace Injury

2020-11-09T12:43:33-07:00November 9th, 2020|Business, Industry|

There's now validation to all of us who have sworn, time and time again, that using cannabis doesn't increase work injuries. It's all there in black and white, in data recently published in the journal [...]

15 10, 2020

Parametric Insurance: Why You Should Consider This Type of Policy to Protect Your Outdoor Cannabis Crop

2020-10-15T08:02:40-07:00October 15th, 2020|Business, Fire & Theft, Industry|

Growing cannabis, especially outdoor cannabis, can be risky on many levels. Did you know that outdoor cannabis crops aren't covered by standard crop insurance? Growers, farm owners, and investors are looking to mitigate risk on [...]

28 07, 2020

Insurance Costs Increasing for Cannabis Businesses as Investors File Lawsuits

2020-08-28T10:11:05-07:00July 28th, 2020|Business, Industry|

Some investors have soured over their cannabis investments in the U.S. and Canada and are filing lawsuits when businesses fail to meet expectations, which as a result is increasing the cost of insurance for the [...]

24 05, 2020

COVID-19 Relief Bill Contains Provisions Of Cannabis Business Insurance

2020-12-21T09:59:23-07:00May 24th, 2020|Business, Health, Industry, Legislation|

Some progress is better than no progress at all. While marijuana advocates, industry stakeholders, and lawmakers have been actively promoting the inclusion of cannabis businesses into COVID-19 related legislation, some forward motion has been made. [...]

9 05, 2020

How The Cannabis Industry Will Be Affected By COVID-19

2020-05-05T09:32:32-07:00May 9th, 2020|Business, Health, Industry, Legislation|

The cannabis industry has been hit hard by COVID-19, as has every other industry, and will continue to feel its impact in the years to come. Although a brief surge in sales at the beginning [...]

24 04, 2020

What Impact Will COVID-19 Have On Cannabis Business Insurance?

2020-12-01T10:16:13-07:00April 24th, 2020|Business, Health, Industry|

The COVID-19 pandemic has impacted every country as stay-at-home orders and social distancing guidelines are issued in an attempt to reduce the rate of infection, and the cannabis industry is one of many industries that [...]

9 03, 2020

The Importance Of Insurance Policies For Directors and Officers In The Cannabis Industry

2020-03-06T04:18:53-07:00March 9th, 2020|Business, Industry|

Cannabis companies have more freedom to choose their resources and even their bank than ever before, but there is an often-forgotten vulnerability that could affect the personal assets of the owners--civil litigation. Sometimes when a [...]

25 02, 2020

California Insurance Commissioner Pushing Forward Cannabis Industry Regulations

2020-02-25T07:19:25-07:00February 25th, 2020|Business, Industry|

California Insurance Commissioner Ricardo Lara and his working group are writing a how-to guide for other states on how to regulate insurance for the cannabis industry. Lara is the state insurance commissioner, which means he [...]

9 01, 2020

Theft Claims Dominate Cannabis Industry Insurance Claims

2020-01-07T10:08:57-07:00January 9th, 2020|Fire & Theft, Industry|

No cannabis operation is immune to theft, as it is a growing problem in the industry. Whether you run a small farm in the Northern California mountains or run a dispensary downtown, your cannabis business [...]

27 12, 2019

The Insurance Challenges Faced By US Cannabis Companies

2019-12-27T06:56:52-07:00December 27th, 2019|Business, Industry|

Leaders in the insurance industry are largely still hesitant to work with cannabis-related businesses, although a few big names have thrown their hats into the ring. Aon and Berkshire Hathaway are two large insurance providers, [...]

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