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 [...]

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

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, [...]

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

These Are The Issues Really Causing Risk In The Cannabis Industry In 2020

2019 has been a risky year for the cannabis industry: the vaping controversy, the uncertainty surrounding cannabis legislation at every level, and the subsequent financial pinch it puts on the industry. Will 2020 be any [...]

2019-11-25T05:06:50-07:00November 25th, 2019|Industry, Legislation|

Insurance Industry Reacts To Passage Of SAFE Banking Act

A crucial bill to protect insurance agents working with cannabis-related clients passed the U.S. House of Representatives, and while industry insiders rejoice, they know the fight to pass the bill has only just begun. The [...]

2019-11-14T08:17:14-07:00November 14th, 2019|Industry, Legislation|

Colorado’s Largest Cultivator Loses Millions Due To Early Frost

A snowstorm wiped out 20,000 plants in Colorado this month, causing millions in losses for a huge outdoor farm in Pueblo. Los Sueños Farms is the largest cannabis producer in Colorado and was just about [...]

2019-10-22T05:02:07-07:00October 24th, 2019|Business|

Unknown Gaps In Standard Insurance Policies Can Leave Cannabis Businesses Unprotected

Cannabis-related businesses can’t just get by with a basic business liability policy, whether you’re a farmer, a dispensary, a distributor or somewhere else along the seed-to-sale journey. When shopping for insurance policies, cannabis-related businesses often [...]

2019-10-07T07:08:16-07:00October 9th, 2019|Business, Fire & Theft|

How To Ensure Your Cannabis Business Is Covered With Product Liability Insurance

From cannabis farm to processor to packager to distributor to dispensary to consumer, there are many points along the supply chain. But no matter where your business is in that chain, you face significant risk [...]

2019-10-10T05:11:56-07:00September 24th, 2019|Business, Industry|

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

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 [...]

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