Category Archives: Cannabis Industry

The cannabis industry has been experiencing rapid growth and transformation in recent years, with legalization spreading across various states and countries. As this budding industry continues to evolve, so do the challenges and opportunities within it. Recently, our team had the privilege of speaking and moderating during the Insuring Cannabis Summit. This summit has become […]

No matter which category your cannabis business falls into, it is vital to ensure you are protected with quality insurance on all fronts. With an evolving industry and states with different compliance laws that are ever-changing, the cannabis industry has its fair share of insurance needs. Which coverages should be on your list? Take a […]

Cannabis crop insurance is a topic that has been gaining increased attention in recent years as the cannabis industry continues to grow and mature. With more and more states legalizing cannabis for both medical and recreational use, there is a greater need for insurance coverage to protect against risks and losses associated with growing and […]

When it comes to choosing an insurance provider, the rating of the company may not be the first thing that comes to mind. However, an ‘A’ rating can make all the difference in the coverage and service you receive. Here are three reasons why an ‘A’ rating matters in insurance, especially in the cannabis industry. […]

As the cannabis industry continues to grow, it is essential for business owners to understand the importance of insurance and the different terms associated with it. The complex and evolving regulatory landscape of the industry makes it imperative to have adequate insurance coverage to protect your business from potential financial losses. But do you know […]

If you’re like most employers, you don’t have time to think about workers’ compensation (comp) insurance. After all, that’s what your insurance company is for—right?  While it may be true that an insurer, such as CannGen, can handle claims that arise on your behalf, workers’ comp insurance is not always automatically included in your traditional […]

The financial demands of operating a cannabis business, or any business, can cause companies to look for finance options to help make operating costs like insurance more affordable. While many finance options are available, the best choice is often working with insurance providers to secure financing for insurance premiums.  Insurance Finance Options If you are […]

Distributors are at the very heart of the supply chain for the cannabis industry, partnering with manufacturers and retailers to ensure they are meeting consumer demand. The daily operations of distributors opens them to unique risks not experienced by others in the cannabis sector. This makes having the right insurance policy a critical step in […]

You’ve likely seen discount insurance providers promising to insure your business for less than their competitors. For companies on a tight budget, these firms can be incredibly appealing. However, when the time comes, can you trust that these companies will be there to help you rebuild and relaunch?  When it comes to protecting the value […]

The cannabis industry saw a marked increase in crime during the pandemic, a trend that is continuing this year throughout many legal markets. News of robberies at dispensaries and farms have business owners searching for solutions in case their establishment is next. Physical security offers defense against potential robberies, but no system is perfect. In […]