by KRM Research Team | Jul 1, 2021 | Blog, Risk Management
The recent Bermuda Captive Conference highlighted the significant interest cannabis companies are showing in using captives to solve a vexing insurance problem — the difficulty of obtaining cannabis coverage in the commercial marketplace. While captives can be...
by Michael B | Apr 14, 2021 | Emerging Rules, Legalization, Regulations, Risk Management
The Cannabis industry is often equated with “The Wild West.” The big difference though is that regulators are mostly in the weeds, thus dangerous especially at the Federal level. But they are slowly getting their act together as the industry grows. More and more...
by Michael B | Feb 15, 2021 | Blog, Regulations, Risk Management
In the last post I discussed how the end of prohibition produced new risks and new policies for the insurance industry: like Dram Shop. So the issue is: “With the advent of cannabis as a major industry what will the need for new insurance coverages be?” We are not...
by Michael B | Jan 31, 2021 | Blog, Risk Management
Kanna Risk Management respects and loves the idea of insurance, which is spreading risk among participants, or members of a similar group . Early methods for distributing risk were practiced by the Chinese, Babylonians and Greeks as long ago as the 3rd Millennium...
by KRM Research Team | Jan 31, 2021 | Blog, Risk Management
The market tends to love underdogs, and as we enter 2021 the cannabis industry is occupying this pivotal position. It’s still underappreciated by many traditionalists: the stigma of cannabis is gradually eroding, but it’s still present, and many underwriters continue...
by Michael B | Dec 19, 2020 | Blog, Risk Management
In my earlier article we began a discussion of insurance liability exposure for canna crops. So here is further amplification. Farm products on all fronts, especially food, are under the microscope because illnesses from lettuce, spinach, melons, and tomatoes have all...
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