COVID-19 Relief Bill Contains Provisions Of Cannabis Business Insurance

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. [...]

By |2020-05-21T05:04:14-07:00May 24th, 2020|Business, Health, Industry, Legislation|0 Comments

How The Cannabis Industry Will Be Affected By COVID-19

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 [...]

By |2020-05-05T09:32:32-07:00May 9th, 2020|Business, Health, Industry, Legislation|0 Comments

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

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 [...]

By |2020-04-24T07:04:46-07:00April 24th, 2020|Business, Health, Industry|0 Comments

The Importance Of Insurance Policies For Directors and Officers In The Cannabis 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 [...]

By |2020-03-06T04:18:53-07:00March 9th, 2020|Business, Industry|0 Comments

California Insurance Commissioner Pushing Forward Cannabis Industry Regulations

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 [...]

By |2020-02-25T07:19:25-07:00February 25th, 2020|Business, Industry|0 Comments

String of Burglaries at Washington Dispensaries Prompts State to Remove Map

There’s such a thing as too much information, and Washington state cannabis businesses may have learned that the hard way. The Washington State Liquor and Cannabis Board (LCB) website used to feature a map of [...]

By |2020-02-10T05:07:57-07:00February 10th, 2020|Fire & Theft|0 Comments

Burglary At Chicago Cannabis Dispensary One Week Into Legalization

A cannabis dispensary in the Logan Square neighborhood of Chicago had barely begun to welcome all adult customers before burglars decided to make a visit, stealing as much cash as they could find. The Modern [...]

By |2020-01-24T04:36:14-07:00January 24th, 2020|Fire & Theft|0 Comments

Theft Claims Dominate Cannabis Industry Insurance Claims

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 [...]

By |2020-01-07T10:08:57-07:00January 9th, 2020|Fire & Theft, Industry|0 Comments

The Insurance Challenges Faced By US Cannabis Companies

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, [...]

By |2019-12-27T06:56:52-07:00December 27th, 2019|Business, Industry|0 Comments