Sea levels along U.S. coastlines could rise as much as 12 inches above today’s waterline by 2050, according to NASA researchers. The results from the NASA Sea Level Change Team rely on measurements from a network of satellite altimeters along …
New York State Insurance Fund stepped right into the cannabis space as the state began passing out licenses in August to fill what would have likely been a large gap. New York’s adult-use cannabis market is forecast to reach more …
Making sure carriers are comfortable and your clients sleep well at night could be the key definition of what an insurance broker does. However, in the business of selling insurance to cannabis companies, whose exposures include many products intended to …
Circle K’s deal with Green Thumb Industries to sell cannabis at some of its Florida gasoline retail locations may be a sign the industry has finally crossed any remaining mainstream barriers. Green Thumb CEO Ben Kovler told Bloomberg the deal …
In California’s election races, incumbent Democrat Ricardo Lara defeated Republican challenger Robert Howell, a small business owner, in the race for insurance commissioner. Lara won with 58% of the vote and 94.9% of the precincts reporting. Howell ran with a …
“What are the hardest lines of insurance to write for cannabis businesses?” That question took Stephanie Bozzuto, co-founder of Cannabis Connect Insurance, down a long mental list. Bozzuto has been in the insuring cannabis business for years, so she knows …
An increase in new markets, and better brand recognition and distribution from existing markets, has led to more competition in the insuring cannabis space. That’s a good for the insurance consumer, and that trend seemed to please a group of …
Michael Hall was an early insurance carrier entrant into the insuring cannabis space. Yet, even as it has grown and his competition increases, he doesn’t seem to worry about losing business to competitors or the potential of having to operate …
A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or very high environmental credit risk. That’s more than twice as much as when the Paris Agreement was announced in 2015, …
Improved and more sophisticated risk management in the cannabis industry warrant reduced insurance costs and more capacity, says the head of risk management at one of the cannabis industry’s best-know publicly traded companies. Karl Long is senior director of risk …
