We learned from the MJBizCon Next Conference and summarized the key takeaways for anyone operating or interested in the Cannabis industry in this post.
You might not think cyber crimes could directly affect your cannabis company. Think again. Cyber crime is expanding so fast, the stats can barely keep up: The global cost of cybercrime will reach $2 trillion by 2019 (a threefold increase since 2015 estimate). 48% of data security breaches are caused by acts of malicious intent … Read More
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
Rest easy There’s no doubt about it: buying insurance for a cannabis startup company can be overwhelming. The insurance market is vast and there are a ton of products out there. It doesn’t help that the insurance industry can often seem a little, shall we say, behind the times. (Many brokers still use fax machine, … Read More
How much is this going to cost me? Over the years, we’ve encountered our fair share of companies grow beyond their “friends and family” round of financing to Series A, B, C and D rounds. As time goes by and a cannabis startup continues to expand, more employees and investors are brought on board, revenues explode and … Read More
Q: When is my cannabis startup officially covered by our new insurance policies? Ready for the short answer? It depends on the policy. There are different types of insurance policies available: occurrence policies and claims made policies. Depending on whether the policy is on occurrence basis or claims made determines when you can (or … Read More