Cannasure Blog

Gov. Phil Murphy signed a package of bills into law February 22 that will create a legal adult-use cannabis market in New Jersey. Several other states — from Montana, to Virginia, to New York — are either implementing or appear poised to enact similar legislation. Each of these jurisdictions is unique and complex, and so […]

Cannabinoid science and medicine are maturing contemporaneously with the cannabis products that have quickly gained traction with millions of consumers, and it is all happening while the Food and Drug Administration (FDA) silently waits on the sidelines ‒ at least for now. This may be a recipe for potential tort liability that is presently unseen […]

Building off of the previously announced Commercial Auto & Outdoor (Parametric) Crop, we’re excited to announce the launch of Excess Property, Cyber, and Workers’ Compensation. Excess Property We’ve expanded our Cannabis & Hemp Package to now include $16M in excess property! Download the Excess Property Coverage Sheet Cyber With the cannabis industry grabbing daily headlines, […]

We are pleased to announce two new lines of coverage now available from Cannasure: Parametric Outdoor Crop Insurance and Commercial Auto. With these additions, we aim to continue serving the cannabis and hemp industry while making insurance coverage available to more business owners. From increasingly harsh winters to excessive dry seasons that can set the […]

By Kristen Bacon The 2020 election season saw a 100% win rate for state marijuana legalization ballot measures. As more states legalize marijuana, the market for cannabis insurance is rapidly expanding. Additionally, states are transitioning from legalization to their first sale must faster than ever, as detailed in a recent Marijuana Business Daily article. With […]

One of the cornerstones of our American democratic system is to peacefully protest our dissenting opinion. However, emotions can sometimes escalate into riot, vandalism or looting and these events can result in significant property damage for individuals and businesses. Cannasure’s Retail Loss Control Checklist helps dispensaries take extra precaution and manage risk during uncertain times. […]

“We could see an uptick in product claims related to acute bodily injury, whether it be from allergic reactions, poor labeling, or incorrect dosage yield….in the age of social inflation, these claims are becoming all too common.” Keith Distel, Casualty Team Leader and Marijuana Liability Subject Matter Expert of Admiral Insurance, and Ben Rozema, Director […]

Massachusetts legalized medical cannabis in 2012 and adult use cannabis in 2016. As of now, there are 547 licensed cannabis businesses and counting. Mark Sawyer, Senior Vice President of Corcoran & Havlin Insurance, was one of the first cannabis insurance brokers in Massachusetts. We asked Mark to share some of his experiences in one of the […]

As the legal cannabis and hemp industry in the United States continues to grow, more insurance agents are stepping into the market. That means more agents knocking on the doors of your clients, directly competing for business. This doesn’t have to be a bad thing, as going the extra mile for your clients allows you […]