The Arena To say the enterprise/SaaS startup industry is hot right now would be a serious understatement. Cannabis companies that specialize in making tech for work and business use is a big market and growing fast. Hence the need for the right kind of insurance. At our core, AlphaRoot is a technology business and the … Read More
Cannabis and ag business insurance claims made easy When should you turn to your insurance for help? As a business owner and an entrepreneur, you might be surrounded by insurance protection. The trick is knowing when and how to use that protection. “I pay all this money for insurance and as soon as I submit … Read More
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
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
We’re all about teaming up with great companies on a mission to help the cannabis and ag community manage risk. UVPPE is one of those awesome companies, creating clothing designed to protect cannabis cultivators. This guest post comes to us from their founder and CEO, Daniel Jordan. Daniel explains how protecting your employees can go a long way in … Read More
It would be surprising if you didn’t have questions after looking at your first cannabis and ag business insurance quotes. They’re peppered with enough codes, details and industry jargon to have you spending the better part of a day googling seemingly made up words. (Non-imputation and waiver of subrogation? Anybody?). But that’s why we’re here! … Read More
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
Insurance for your cannabis startup should be seen as more of an investment than another expense but given the hectic lives of many founders, it sometimes becomes another tick-the-box activity. But when used properly, cannabis businesses can obtain value from their policies well beyond that “set it and forget it” approach. Here are a few … Read More
It’s a new world, where we see many different types of cannabis company insurance requirements (as well as coverage change requests) from our clients’ landlords, business partners and investors. These processed requests create an endorsement on the policy that puts the change into effect. Whether it’s a change of location or the addition of new coverage to … Read More
Cannabis product liability insurance is a crucial aspect to the overall risk mitigation picture, especially for cannabis startups that sell an actual product. Usually included in a general liability policy (though sometimes offered by itself), cannabis product liability insurance protects your cannabis startup from lawsuits related to property damage or bodily damage caused by product defects. … Read More