Navigating Business Insurance: A Broker’s Guide to Streamlining Your Coverage Submission
In the dynamic world of cannabis insurance, safeguarding your venture against unforeseen risks is paramount. One of the most effective ways to achieve this is by securing comprehensive insurance coverage. Whether you’re a seasoned entrepreneur or a budding startup, understanding how to submit your business for insurance services is a crucial step in fortifying your […]
Read moreUnderstanding the Criteria for Management Liability Insurance
In the dynamic landscape of cannabis, managing a business involves making decisions and managing risks that few other industries have. From balancing employees and customers to investors and regulators, the actions and decisions of a company’s management team can have far-reaching consequences. To protect both the company and its management from the risks associated with […]
Read moreCannGen’s Year in Review and Projections for 2024: Navigating the Future of Cannabis Insurance
As the curtains have closed on 2023, we took a momentous pause to reflect on a year marked by achievements, milestones, and a promising outlook for the cannabis and CBD industries in the year ahead. A Look Back at 2023 Entering 2023 with a steadfast commitment to serving the unique needs of the cannabis and […]
Read more5 Key Takeaways from the Insuring Cannabis Summit
The cannabis industry has been experiencing rapid growth and transformation in recent years, with legalization spreading across various states and countries. As this budding industry continues to evolve, so do the challenges and opportunities within it. Recently, our team had the privilege of speaking and moderating during the Insuring Cannabis Summit. This summit has become […]
Read more5 Cannabis Insurance Must-Haves
No matter which category your cannabis business falls into, it is vital to ensure you are protected with quality insurance on all fronts. With an evolving industry and states with different compliance laws that are ever-changing, the cannabis industry has its fair share of insurance needs. Which coverages should be on your list? Take a […]
Read moreThe 411 on Cannabis Crop Insurance
Cannabis crop insurance is a topic that has been gaining increased attention in recent years as the cannabis industry continues to grow and mature. With more and more states legalizing cannabis for both medical and recreational use, there is a greater need for insurance coverage to protect against risks and losses associated with growing and […]
Read more3 Reasons Why an ‘A’ Rating Matters in Insurance
When it comes to choosing an insurance provider, the rating of the company may not be the first thing that comes to mind. However, an ‘A’ rating can make all the difference in the coverage and service you receive. Here are three reasons why an ‘A’ rating matters in insurance, especially in the cannabis industry. […]
Read moreInsurance Industry Language Every Cannabis Business Owner Should Know
As the cannabis industry continues to grow, it is essential for business owners to understand the importance of insurance and the different terms associated with it. The complex and evolving regulatory landscape of the industry makes it imperative to have adequate insurance coverage to protect your business from potential financial losses. But do you know […]
Read moreThree Reasons Why Your Cannabis, CBD or Hemp Operation Needs Workers’ Compensation Insurance
If you’re like most employers, you don’t have time to think about workers’ compensation (comp) insurance. After all, that’s what your insurance company is for—right? While it may be true that an insurer, such as CannGen, can handle claims that arise on your behalf, workers’ comp insurance is not always automatically included in your traditional […]
Read moreHow Do I Get Premium Financing for my Cannabis Operation?
The financial demands of operating a cannabis business, or any business, can cause companies to look for finance options to help make operating costs like insurance more affordable. While many finance options are available, the best choice is often working with insurance providers to secure financing for insurance premiums. Insurance Finance Options If you are […]
Read more