Marijuana business insurance News

California Commissioner OKs 1st Lessor’s Risk Coverage for Marijuana Industry

California Insurance Commissioner Dave Jones has approved what his office says is the first insurance coverage for commercial landlords that addresses risks specific to renting to cannabis businesses. California Mutual Insurance Co. was approved to add lessor’s risk coverage for …

San Francisco Becoming Haven for Amsterdam-Style Marijuana Lounges

The smoke was thick and business brisk at the Barbary Coast Dispensary’s marijuana smoking lounge, a darkened room that resembles a steakhouse or upscale sports tavern with its red leather seats, deep booths with high dividers, and hardwood floors. “There’s …

Lara, Poizner and Others Vying to be California Insurance Commissioner

The race is on for the California insurance commissioner posts as we are nearly three months from the primary, but you wouldn’t know it by speaking to people in the insurance industry. Most insurance groups and associations like to keep …

Defendants in Oregon Pot Processing Explosion Suit Try to Turn Tables on Worker

Defendants in an $8.9 million lawsuit over an explosion and fire at an Oregon marijuana processor are trying to turn the tables on the worker who was badly burned in the blast. The Daily Astorian reported that the defendants say …

Tribes Left out of California Marijuana Pondering Growing Their Own

American Indian tribes that say they have been cut out of California’s legal marijuana market have raised the possibility of going their own way by establishing pot businesses outside the state-regulated system that is less than two months old. The …