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Tag: risk management
Cannabis Companies Struggle with Soaring Insurance Costs in 2025
Cannabis companies are grappling with soaring insurance costs in 2025, facing rising premiums, reduced availability, and strict underwriting. Many operators find themselves without adequate protection, as insurers grow increasingly cautious due to regulatory complexities and high-risk perceptions.
Captive Insurance for Cannabis: Is Self-Insurance Right for You?
While forty-seven states and the District of Columbia allow the use of medical marijuana and twenty-four states and the district have okayed recreational use,...
3 Simple Steps for Proactive Risk Management
The cannabis industry is growing and changing at an unprecedented pace, creating immense profit potential and putting a spotlight on the array of risks...
Navigating the Cannabis Industry: Risk Management for Profitability
The cannabis industry is growing and changing at an unprecedented pace, creating immense profit potential and putting a spotlight on the array of risks...
ALM Announces New Designation
NEW YORK --
ALM Global recently released the much-anticipated Cannabis Insurance Coverage Specialist (CICS) designation. The forward-thinking Cannabis Insurance Coverage Specialist (CICS) designation is being...
How to Handle 3 Risks That Slow Growth
With an adverse regulatory environment, labor shortages, supply-chain disruptions, and the ever-present threat of property damage and product recalls, cannabis operators continue to fight...
Cannabis and Coronavirus: Back to Business as States Start ‘Reopening’
With Memorial Day fast approaching, some states in the U.S. started slow “reopenings,” despite warnings from public health experts that returning to pre-pandemic social...