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 Delivery Services

November 13, 2020AlphaRoot, Employment Practices Liability Insurance, Workers Compensation

Insurance for Cannabis Delivery Services Download our coverage overview for Cannabis Delivery Services here   Most cities have understood the luxury of having their favorite groceries, restaurant meals, and supplies shipped to their door. Amazon Prime instant gratification options have been only increasing since the incept of Prime in 2005. Amazon brought in $75.5 billion … 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 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

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

The do’s and don’ts of buying insurance for cannabis startups

July 11, 2017Cyber Liability, Directors and Officers, Employment Practices Liability Insurance, Errors and Omissions Insurance, Featured, General Liability

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

Understanding insurance costs as your cannabis company grows

June 27, 2017Cyber Liability, Directors and Officers, Employment Practices Liability Insurance, General Liability

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

Your cannabis business insurance start date & when coverage kicks in

June 15, 2017Cyber Liability, Directors and Officers, Employment Practices Liability Insurance, Featured, General Liability

  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