Insurance for Cannabis VC’s, Private Equity or Lenders

November 19, 2020AlphaRoot, Directors and Officers, Employment Practices Liability Insurance, Errors and Omissions Insurance

  Download our coverage overview for Cannabis VC’s, Private Equity or Lenders here It was only time before the cannabis vertical turned to capitalism. By following the yellow brick road to pot, VCs, private equities or lenders are trying to cash in. Sales have surged to new all-time highs, spiking nearly 160% in the weeks … Read More

Insurance for Cannabis and CBD Brands

November 10, 2020AlphaRoot, Directors and Officers, Employment Practices Liability Insurance, General Liability, Product Liability, Property

  Download our coverage overview for brand and IP only cannabis companies here While cannabis products need to be tracked from seed-to-sale,  require video surveillance, and operate under a long list of other rules and regulations, cannabis-related products and services that “don’t touch the plant” operate without these restrictions. A popular cannabis-adjacent area for entrepreneurs … Read More

Insurance for Fully Integrated Cannabis MSOs

November 6, 2020AlphaRoot, Directors and Officers, General Liability, Product Liability, Property

  Download our coverage overview for Fully Integrated Cannabis MSOs companies here Cannabis legalization is gaining momentum around the world. According to the UNODC, cannabis is the most widely cultivated, trafficked, and consumed drug worldwide. (fortune business insights) As Yahoo! Finance points out, there is a compound annual growth rate of 28.2 percent over a … Read More

Insurance for Cannabis, CBD & Hemp Extraction Companies

November 4, 2020AlphaRoot, Directors and Officers, Employment Practices Liability Insurance, Workers Compensation

  Download our coverage overview for extraction companies here.   We have the pure crop now what do we do!? Extraction techniques are used to separate the components of cannabis and remove them from the base plant. Cannabis extraction is used to isolate specific compounds, including CBD and THC. This process is very labor intensive, … Read More

Cannabis Insurance Trends 2020

February 27, 2020Directors and Officers, Product Liability

Plenty of industries are booming nowadays—fintech, on-demand, micromobility, etc. The cannabis industry, however, tops the charts for tremendous growth as well as intense social impact. With so many developments in the last half-decade, success only comes through up-to-date knowledge. When it comes to the cannabis industry and insurance, here’s what happened the past year and … Read More

Cannabis D&O insurance (and why your cannabis startup needs it)

January 10, 2018Directors and Officers

The directors and officers of cannabis startups make some risky decisions. This is cannabis we are talkin’ about! Directors & officers insurance (D&O) allows them to do so more freely. This policy safeguards a company’s individual directors and officers from claims based on their decisions made while acting in a corporate capacity. And while coverage varies from … Read More

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

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