There is little surprise when a conversation about cannabis and insurance turns to the subject of capacity. “Really when it comes to cultivation, processing, there is a bit of a hiccup, it seems in the overall market space, I think …
It may not come as much of a surprise to those who know about insurance and cannabis that the business is written mostly by the surplus lines market. Just how much is written there vs. the admitted market? Estimates range …
One big national insurance cannabis firm sifted through some of its claims data to tell us that many thefts at cannabis operations are occurring overnight, but more interestingly, based on security footage and other available evidence, it appears criminals are …
We’re seeing a number of new cannabis insurance products being rolled out. Insurers may be gearing up for a potential 10-fold increase in sales to the booming $17 billion-a-year cannabis industry, as Congress potentially inches closer to legalizing marijuana at …
A broker hands an underwriter an application for a cannabis operation. No red flags so far, but then the underwriter takes a look for himself and finds a converted residence smack in the middle of a neighborhood, complete with minors …
It seems every week there are more and more cannabis mergers and acquisitions. And as these companies get and bigger bigger, so does their reach. When it’s all said and done, 2021 may have been the year of cannabis M&AS, …
Delta-8 is generating quite a buzz over what appears to be legal loophole enabling the production and sales of the intoxicating product in both legal and non-legal states. New York just became the latest state to ban delta-8 THC, as …
A study published in the scientific journal Addiction provides evidence of the association between recreational cannabis laws in U.S. states and responses in the illegal markets for cannabis, heroin and other drugs. The study found that the implementation of recreational …
A new report highlights the opportunity for insurers in cannabis. New Dawn Risk launched its latest white paper on insurance for the U.S. legal cannabis, CBD and hemp markets. The 2021 report is called “Opportunity knocks at last in the …
There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize. That was among the messages delivered by experts during Insurance Journal’s webinar in mid-April, How Insurance …
