Bipartisan Bill Would Increase Insurance Coverage Access To Marijuana Businesses

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 [...]

By |2019-08-06T04:49:20-07:00August 9th, 2019|Business, Industry|0 Comments

Early Cannabis Insurance Claims Experience Looks Promising

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 [...]

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

Could Captive Insurance Be A Solution For Cannabis Businesses?

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 [...]

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

How The SAFE Act Would Reduce Risk for Cannabis Businesses

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 [...]

By |2019-05-02T03:22:32-07:00May 9th, 2019|Business, Industry|0 Comments

The Importance Of Hiring The Right Staff For Your Dispensary

Running a successful cannabis dispensary starts with hiring the right group of people. With more and more dispensaries opening up in new markets, the competition is increasing and your staff can help set your business [...]

By |2019-08-06T04:45:34-07:00April 24th, 2019|Business|0 Comments

Insurers Remain Cautious About Insuring Marijuana Companies

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 [...]

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

Protect Your Business From Natural Disasters with Cannabis Insurance

Wildfires, floods, earthquakes, and fire - what do these all have in common? They’re all unpredictable, and they’re all natural disasters that could devastate a cannabis business if it’s not prepared. Businesses need to prepare [...]

By |2019-03-22T09:27:57-07:00March 24th, 2019|Fire & Theft|0 Comments