Exploding lights is a Hot issue for insurance companies covering cannabis
Nervous insurance carriers offering checklists and recommendations meant to reduce the next grow fire Cleveland based Cannasure Insurance Services is offering an industry first check list for cultivators to help reduce the chance of exploding lights. A checklist is...
National Flood Insurance Unavailable to Cannabis–What are my Options?
If the flood wasn't bad enough. Collecting insurance money will be even worse. The cannabis insurance industry is fraught with complexity and coverage gaps when it comes to buying insurance. Flood insurance is another example of how difficult it is to obtain...
You Cannasure a 180 Change is Coming for Cannabis Insurance
Cannasure Insurance Services Acquired by One80 Intermediaries Change is coming for the cannabis insurance industry. Cannasure Insurance Services ("Cannasure") has evolved from a retail insurance broker to a wholesale broker specializing in cannabis and hemp insurance...
Thieves Impersonating Insurance Inspectors is a Different Kind of Risk
The Colorado Marijuana Enforcement Division has issued a bulletin where it describes individuals impersonating in a fraudulent manner an inspection of a licensed cannabis business. Their goal is to obtain images of fire extinguishers, exit signs, alarms, and safes....
Comparing Insurance Companies When Buying Theft Coverage for your Cannabis
Cannabis retailers, growers, and manufacturers have a real need to protect their product from theft. Stores in particular have a high degree of risk because they're open to the public. Imagine as the owner robbed during business hours submits their claim has it...
Cannasure Offering “Parametric” Insurance for Cannabis Plants Grown Outdoors
What does it mean and should you buy it? Updated: 05-12-2021 Parametric insurance is now available to cannabis and hemp companies through Cannasure Insurance Services. The first question one should ask themselves is what is "Parametric Insurance." According to the...
Colorado Executive Order Allows Cannabis and Hemp Curbside Pickup
Governor Jared Polis has signed an executive order due to the impact of the coronavirus allowing medical and recreational stores to accept online, phone, and curbside pick up. The emergency rules are effective for the next 120 days. Please read the rule changes in...
Coronavirus Live Insurance Blog Update for Cannabis and CBD Companies
Covid-19 Cannabis Insurance: Latest News and Updates Is it Covered? Understanding if Business Income and Extra Expense would pay for Coronavirus Damages Do you have Business Personal Property and Business Income and Extra Expense What is the approximate cost of...
Prices for Product Liability just Increased Vitamin E Acetate Removed from Coverage
Cannabis Licensees will pay more for insurance due to dangerous and deadly vaping-related respiratory illnesses Cannabis licensees will pay more for product liability insurance Vitamin E Acetate is being added to a growing list of ingredients insurance...
Voluntary Product Recall for Vape Pens by Colorado Cannabis Licensee
Medicine Man Pulls Vape Products with Propylene Glycol or Vitamin E Acetate Off Shelves Colorado based Medicine Man issues press release removing vape pens off their shelf if ingredients include propylene glycol or vitamin E acetate Voluntary recalls might be a...