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Tag: insurance
The Outlook for Cannabis Business Insurance Coverage
In November 2020, several states across the country put forth ballot initiatives aimed at decriminalizing or legalizing cannabis, and all of them passed. Arizona...
SAFE Banking Act Reintroduced in the U.S. Senate
WASHINGTON, D.C. – Following last week’s reintroduction of the Secure and Fair Enforcement (SAFE) Banking Act in the House of Representatives, the bill has...
California Agriculture Dept. Proposes Emergency Cannabis Banking Regulations
SACRAMENTO, Calif. – The California Department of Food and Agriculture (CDFA) filed proposed emergency regulations that would implement provisions of Assembly Bill 1525 with...
U.S. Wildfires 2020 – Lisa Lai Thought the Glass Fire Wouldn’t Reach Her Farm
SONOMA COUNTY, Calif. – It’s difficult to comprehend how quickly and completely a big fire can wreak havoc when it sweeps across drought-affected terrain...
Insurance: The Cannabis Industry’s White Whale
For decades, it was one of those white whales for cannabis operators: an insurance company that would both knowingly cover cannabis operations and pay...
Commissioner Jones renews request to insurers to offer insurance for cannabis industry
SACRAMENTO, Calif. - Insurance Commissioner Dave Jones has renewed his call for insurers to offer insurance products for California's legalized cannabis industry in the...