D&O coverage and pricing for cannabis companies varies tremendously based on the operations and capitalization of the company. In this post we examine the different factors that are instrumental to the underwriting process and why it affects pricing/coverage.
Everything you need to know about placing cannabis insurance with an unlicensed carrier in Canada. We outline the tax implications and compliance considerations.
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
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
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
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
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
We learned from the MJBizCon Next Conference and summarized the key takeaways for anyone operating or interested in the Cannabis industry in this post.
Growing cannabis does not differ much from growing any other plant, yet other than the commonly known legal reasons, there are some specific features of the plant itself which you should pay attention to should you decide to take up growing. 1. Not Keeping It Private The most important thing to remember is to not … Read More
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