Cannabis Insurance

EQUA Specialty Risk Partners, a Canadian-owned insurance brokerage, is taking on one of the cannabis industry's most pervasive challenges: stigma. Through education, advocacy and innovative risk management strategies, EQUA seeks to transform how cannabis businesses access insurance.  In an...

Würk, a human capital management (HCM) company in the cannabis industry, partnered with The Baldwin Group (NASDAQ:BWIN) to introduce a first-of-its-kind Employee Benefit Captive program. This innovative insurance collaboration aims to transform how legal cannabis companies manage and evaluate their...

Rising healthcare costs and employee retention are pressing concerns for all businesses across the sector. CannaPlan, a new employee benefits platform, offers a unique solution: leveraging medical cannabis as a potential alternative to traditional pharmaceuticals. In an exclusive interview with...

Thinking about protecting your cannabis business while enhancing bud quality and consistency? At the recent Benzinga Cannabis Capital Conference in Chicago, industry experts discussed insurance, compliance and workforce development in the sector. They highlighted protocols and quality...

U.S. Senator Bob Menendez (D-NJ), a senior member of the Senate Banking Committee and Chairman of the Subcommittee that oversees the insurance industry reintroduced the bipartisan Clarifying Law Around Insurance of Marijuana (CLAIM) Act on Tuesday. The legislation aims to enable...

On Thursday, Rep. Nydia M. Velázquez (D-NY) and Rep. Warren Davidson (R-OH) introduced the Clarifying Law Around Insurance Marijuana, or CLAIM Act, which would prevent federal criminal prosecution of insurers and end civil liability for brokers, agents, and insurers that deal with companies...

Green Check Verified (GCV), a fintech provider of compliant cannabis banking solutions and services has launched Green Check Connect or GCC – a new marketplace enabling marijuana-related businesses to find reliable financial service providers. The idea behind this marketplace is to...

Frontier Risk Group (FRG) announced its launch on October 19, formally bringing together a team of seasoned executives and experts from the insurance and cannabis industries to build the first tech-enabled insurance ecosystem to better service cannabis risk. Former CEO of Parallel, Inc., and...

Cannabis-focused technology company, Dutchie, launched Dutchie Insurance, a new full-service insurance offering designed to meet the needs of the cannabis industry by offering all-encompassing protection at the lowest prices. The new insurance offering from Dutchie provides a crucial service and...

SafeHerb, a division of Specialty Program Group, LLC, is introducing a new executive protection insurance program for the cannabis and hemp industry to meet the growing needs of their customers. "This is an excellent addition to our property and casualty program, where we also have more...

As expected though always welcome, PA Gov. Tom Wolf (D) signed a bill into law that includes important provisions to protect banks and insurers that work with licensed medical marijuana businesses, reported Marijuana Moment. Gov. Wolf, who supports cannabis legalization, signed the...

By Javier Hasse and Natán Ponieman. Four-time NBA champion John Salley (and Benzinga Cannabis Advisory Council member) has made headlines in recent years for his multiple cannabis ventures. Recently, the former Detroit Pistons, Miami Heat, Chicago Bulls and Los Angeles Lakers player told...

Simplifya, a provider of regulatory compliance software for the cannabis industry, this week announced a partnership with cannabis insurance firm CannGen Insurance. The companies will team up to provide licensed operators with a discount on their annual insurance premiums – as long as they...