New Website Announcement!

Nathaniel Gurien
Posted at 11/9/2017 2:21:10 PM

ORION GROUP NYC is pleased to annouce that our website has been fully revised and updated to reflect our focus on compliant cannabis banking and payment solutions.

CHECK IT OUT!

www.oriongroup.nyc

 

 

 

 

 

...more

Categories: Advertising, PR, Marketing
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Essential Stewards of Commerce

Nathaniel Gurien
Posted at 10/25/2017 4:47:05 PM

Due to the perception of (as opposed to actual and practical) risk of banking the cannabis industry largely based upon misinformation or a deliberate lack of information as well as ingrained prejudice against marijuana, US financial institutions are nearly universally unwilling to open accounts or provide basic banking service to marijuana-related businesses (MRBs) or ancillaries who provide services to them.

As a result, except for a lucky few most are either obliged to operate entirely in cash, or seek a ‘covert’ (some would say fraudulent) checking account, merchant processing, ‘cashless...more

Categories: Advertising, PR, Marketing
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Coldfinger Methods of Extraction Using Ethanol or Steam.

AC Braddock
Posted at 9/4/2017 3:24:55 PM

 http://blog.edenlabs.com/which-method-of-botanical-extraction-is-right-for-you

 

...more

Categories: Extraction
Tags:
  • Ethanol
  • Steam distillation
  • RSO
  • Coldfinger
  • Distilling
  • Extraction
  • Cold Ethanol
  • Terpenes
  • FECO
  • Tincture
  • Whole plant
  • Medicinal
  • Cannabis
  • medical marijuana
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Insurance Carriers Needing Assistance with Due Diligence Process for Offering Cannabis Coverage

JB Woods
Posted at 8/6/2017 11:30:17 AM

With California around the corner, there are many insurance carriers contemplating or conducting analysis if they should start offering cannabis insurance to this fast growing industry.   These insurance carriers might be admitted or non-admitted insurance companies seeking valid and credible information with structuring a cannabis insurance program through the right partners. 

Insurance company executives, attorneys, actuaries, or other parties representing their respective interests actively conducting due diligence may want to contact us through the Expert Calling Networ...more

Categories: Investment, VC, PE Financing
Tags:
  • marijuana
  • insurance
  • consultation
  • insurance carrier
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Insurance Requirements for Medical and Recreational Marijuana Transporter

JB Woods
Posted at 7/8/2017 10:09:48 AM

Colorado Law Now Requires Marijuana Transporters be Licensed to Move Product

©2017 Greenpoint Insurance Advisors, LLC

Recently, Colorado House Bill 16-1211 was signed into law requiring medical and recreational marijuana transporters to hold a state issued licensed.  Using company vehicles, these businesses provide transportation of cannabis product from licensees and may offer the ability to store product at their business location or distribution point. 

Colorado House Bill 16-1211 Marijuana Transporter Insurance[/caption]As a condition of their license, a transporter must hav...more

Categories: Investment, VC, PE Financing
Tags:
  • marijuana transporter
  • insurance
  • marijuana insurance
  • cannabis insurance
  • transport insurance
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How will the Cannabis Industry Benefit if Admitted Insurance Carriers Start Insuring Marijuana?

JB Woods
Posted at 6/7/2017 1:25:53 PM

Better Pricing, More Competition, and Innovate Insurance Products

©2017 Greenpoint Insurance Advisors, LLC All Rights Reserved

The non-admitted insurance market has been the only provider of insurance products to the cannabis industry since the beginning.   These carriers have served an important role for cannabis companies who've required  insurance to meet lease obligations, licensing, and as a matter of public policy.  At the same time, they've had the cannabis industry jump through many underwriting hoops ranging from how to store your product during non-business hours...more

Categories: Investment, VC, PE Financing
Tags:
  • marijuana insurance
  • admitted market
  • california marijuana insurance
  • non-admitted market
  • ancillary business
  • commercial liability
  • product liability
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Question of the Week: My Insurance Agent or Broker is Forcing Me to Buy Marijuana Product Liability Insurance. Do I have a choice?

JB Woods
Posted at 6/5/2017 1:07:15 AM

Are There Other Marijuana Insurance Companies that Offer Just Commercial Liability Insurance or Product Liability Insurance?
Yes!

This question was presented most recently when a cannabis grower needed commercial general liability only.  They weren't interested in buying product liability insurance at the time due to cost constraints.  The additional premium was close to $2,800 per year.  Unfortunately, the retail insurance broker presented insurance quotes for two different insurance policies could not comprehend or consider this was beyond their budget.   The insuranc...more

Categories: Investment, VC, PE Financing
Tags:
  • marijuana
  • insurance
  • product liability
  • commercial liability
  • insurance quote
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What Insurance Companies may want to Consider before Insuring the Marijuana Industry

JB Woods
Posted at 6/3/2017 11:08:31 AM


By J.B. Woods, Greenpoint Insurance Advisors, LLC  © 2017 All Rights Reserved  (This article was originally published in Trusted Choice of Colorado)

The most recent election captured the attention of the insurance industry when states like California, Nevada, Massachusetts, and Maine voted to legalize marijuana along with medical marijuana initiatives being approved in other states such as Florida, North Dakota, and Arkansas.  Over half of the United States has some form of marijuana law.  According to Arcview Market Research, the marijuana industry resulted in $6.7 bi...more

Categories: Investment, VC, PE Financing  |  Consulting
Tags:
  • marijuana
  • insurance
  • lloyds of london
  • cole memo
  • cannabis
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