cannabis insurance News
Insurers Could Be Unknowingly Subsidizing Marijuana Grow Houses
While California has a $1.4 billion legal marijuana market, a black market of perhaps equal size is thriving. Some enterprising growers are working on ways to get home insurers to cover their capital ...
Drivers Display Effects of Recreational Pot Even When Not Intoxicated by It: Harvard Study
Recreational cannabis use affects driving ability even when drivers are not intoxicated by marijuana, according to a study from a Harvard Medical School hospital. Published in the Drug and Alcohol ...
Cannabis Industry Has ‘Really Strong Need’ for Specialty Insurance: Expert Perspective
There's "still a really strong need" for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who specializes in the ...
Canada’s Intact Financial Wary of Insuring Recreational Cannabis Industry
Don't expect Intact Financial Corp., Canada's largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. "It's not seen as the pot of gold that we should chase ...
AAIS Creates Cannabis Businessowners Policy in Calif.; Expansion Envisioned
The American Association of Insurance Services has filed a Cannabis Businessowners Policy in California, noting that the growing market presents a huge opportunity for the insurance industry at ...