Charles Pyfrom News

Summit: Cannabis Data A Key to Growing, Retaining Client Base

Data and technology are becoming more important to the cannabis market as it matures, and insurance professionals specializing in the segment would benefit from keeping that at top of mind. A group of experts gathered during Insurance Journal’s Insuring Cannabis …

Experts Discuss Risks, Opportunities in Emerging Cannabis Products

New cannabis products like gummies, drinks and new consumables bring the promise of exponential growth and the normalization of public consumption, promising to significantly reshape the business landscape for insuring cannabis specialists. Four industry experts recently gathered for an Insurance …

Takeaways from Our Conversation on Insuring Cannabis Opportunities

Cannabis tax revenue in Colorado fell nearly $100 million in 2022, while California, Oregon, Nevada, and Washington all saw sales decline as the industry began its first downturn. Conversely, sales were up big time in Michigan, Illinois and Massachusetts. It …

2 Big Cannabis Insurance Providers Say Losses from California Storms Not as Bad as Feared

Just how big an impact the recent historic California storms had on the state’s cannabis industry is still coming into focus, and while two of the biggest players in California’s cannabis insurance market are starting to see upticks in claims, …

Takeaways from Our Conversation on Cannabis Price Volatility in 2023

Volatile cannabis flower prices in states with developed cannabis programs will impact insurance buying, while capacity will still be a challenge in 2023. Those were among the forecasts for the year from three subject matter experts. For our latest podcast …