Why insurance for cannabis funds is an investment, not a cost

January 4, 2018Directors and Officers, Employment Practices Liability Insurance, Errors and Omissions Insurance

Successful venture capital funds (whether cannabis specific or not) frequently invest in a blended venture capital (VC) insurance policy to provide protection from three main exposures. These include management liability (also known as directors & officers or D&O), professional liability (also known as errors & omissions or E&O) and employment practices liability (EPL). These combined … Read More

EPLI for cannabis companies: 5 reasons why your PEO’s insurance isn’t enough

December 19, 2017AlphaRoot, Employment Practices Liability Insurance

There’s a bevy of benefits when your cannabis company uses the services of a professional employer organization (PEO). They provide convenience by allowing you to outsource your HR duties to them. PEO’s also guide you through a maze of regulations and laws that most cannabis companies don’t have time to review. From a startups’ perspective, PEO’s … Read More

Getting insurance for on-demand cannabis and ag startups

October 26, 2017AlphaRoot

The burgeoning on-demand economy is having a real and direct impact on cannabis and ag startups. Companies like Eaze, Onfleet, GreenRush, and Meadow are answering the markets demand to deliver cannabis products to your door-step at breakneck speeds.  Our friends at Founder Shield previously discussed the risk profile of on-demand services and the ways insurance can help. Let’s take a look at some … Read More

5 important cannabis and ag startup hiring tools

October 19, 2017AlphaRoot

When a cannabis or ag startup ramps up its hiring, it’s obviously a good sign. A smart company can double or triple its workforce in the first few years, especially those who are venture-backed. But (there’s always a but, isn’t there?) a runaway train effect can occur which can deeply affect the trajectory of your … Read More

2 surprising benefits of insurance for your ag & cannabis business

September 22, 2017AlphaRoot, Directors and Officers, General Liability, Key Person Insurance

We get it: the benefits of insurance for your agriculture or cannabis business can easily be overlooked when you’re just getting started. There are a million other items on your to-do list, like acquiring licenses, growing product to sell, finding investors…oh, and making money. Most new founders consider insurance as a “CYA” move so if something … Read More