Insuring cannabis News

Takeaways from Our Conversation on Insurtechs in Cannabis

You don’t hear a lot about insurtechs and cannabis, but one firm aims to change that paradigm. SquareRisk principals say they aim to transform the wholesale distribution model for specialty insurance, building partnerships with more than 15 specialty insurance carriers …

Takeaways from Our Conversation on Cannabis Operators Custom Fortifying

Dispensary entrepreneur Adam Fong got tired of having his San Rafael, California operation being broken into. The business suffered five break-ins starting in 2019, with the biggest loss coming from the first theft – $10,000 worth of product and $20,000 …

Amwins Report Keys on Disruption in Cannabis Space

The disruption in the cannabis space is having an impact on that insurance specialty from coast to coast, a new report out from Amwins shows. The report, Amwins State of The Market Report 2023: A Focus on the Cannabis Market, …

Experts Discuss Risks, Opportunities in Emerging Cannabis Products

New cannabis products like gummies, drinks and new consumables bring the promise of exponential growth and the normalization of public consumption, promising to significantly reshape the business landscape for insuring cannabis specialists. Four industry experts recently gathered for an Insurance …

Viewpoint: Washington’s Aggressive Approach to Preventing Intoxicating Hemp Cannabinoids May Be Good for Other States

Like other states across the country, Washington has been grappling with how to regulate intoxicating hemp-derived cannabinoid products that are being innovated faster than state lawmakers can respond. The state has decided on an extreme solution that prohibits products containing …

Takeaways from Our Conversation on Cannabis Podcasts

The world of cannabis podcasts is as varied as it is broad. Some podcasts focus on the best ways to consume. Others have a business focus. There are podcasts focused almost solely on data, podcasts with a venture capital bent, …

Takeaways from Our Conversation on The Science of Cannabis Extraction

You can’t really know much about the cannabis industry without having at least a basic understanding of extraction. It’s a major part of the industry, but you really don’t hear about it being talked about enough. Darwin Millard, chief science …

Takeaways from Our Conversation on ‘Behavior Products’

At first glance, it would be tempting to write off ventures like Behavior Labs or reepher, as consumer-oriented endeavors with little more than passing interest for insurance professionals specializing in cannabis. reepher, for example, is s a new type of …

Markets/Coverages: U.S. Cannabis-Focused MGU Opens for Business in Europe

The North American managing general underwriter CannGen Insurance Services (CannGen) has launched a European operation amid expectations that the continent’s legal cannabis market is set for substantial growth. CannGen Insurance Europe SRL (CGEU) now operates as a property/casualty MGU, providing …

Takeaways from Our Conversation on Selling Cannabis Insurance in Tougher Times

The Green Rush may be gone, but now is the opportunity for the true insuring cannabis specialists to rise to the occasion and outshine the dabblers in the field. That was one takeaway from a panel of experts in the …