Is The Admitted Insurance Market Ready to Insure Pot?

JB Woods
Posted at 6/3/2017 10:58:19 AM

The Golden State Could Be a Game Changer for the Marijuana Insurance Industry
©2017 Greenpoint Insurance Advisors, LLC

Breaking news out of California when The Californian reported California Insurance Commissioner Dave Jones wants admitted insurance carriers to insure marijuana.  This will not be an easy task for Commissioner Jones considering the fact Lloyds of London does not offer insurance to the marijuana industry. 

For those who may not know, admitted insurance carriers are well known companies approved and  subjected to regulation by the state in which they o...more

Categories: Consulting  |  Investment, VC, PE Financing
  • marijuana
  • insurance
  • california
  • cannabis
  • product liability
  • admitted carrier
  • non-admitted carrer

The Cannabis ECN 2017 Roster of Featured Experts

ECN Support
Posted at 5/3/2017 10:23:07 PM

Download the 2017 Roster of Featured Experts

The National Cannabis Industry Association (NCIA) is the only national trade association advancing the interests of the legitimate and responsible cannabis industry. Our industry supports tens of thousands of jobs, tens of millions of dollars in tax revenues, and billions of dollars in economic activity in the United States annually. NCIA's nearly 1200 members include some of the most notable and successful cannabis entrepreneurs and business owners from around the country. It’s their experience and expertise that make the Cannabis EC


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Crucial to your success...Co2 Extraction System Selection

AC Braddock
Posted at 2/21/2017 10:09:15 PM

Eden Labs’ Blog

Pumping Systems in CO2 Extraction:
Why and How to Evaluate Liquid, Gas Booster and Dual-pump

by Fritz Chess, Founder
CO2 Pumping Systems - Supercritical to Your Success.

When shopping for a supercritical CO2 extractor, the most important consideration is the pumping system of the extractor. This is the heart of the extractor which determines the rate and yield of oil that will be produced. Yet the pumping systems for CO2 extractors are plagued by design flaws and manufacturing mistakes. To make a wise investment in a CO2 extractor it is essential to under


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Cannabis Product Liability Insurance Carrier Declining Applicants who Manufacture or Distribute Foreign Made Vape Pens

JB Woods
Posted at 10/5/2016 10:45:29 PM

©2016 Copyright All Rights Reserved

The latest underwriting requirement from a major cannabis product liability insurance carrier has them saying no to cannabis companies that apparently manufacture or distribute foreign vendor products such as vape pens.   The majority of the cannabis industry most likely buys vape pens from China.  Essentially, the insurance carrier is declining these applications for product liability coverage.  The apparent reason is due to the inability by the insurance carrier to collect from these foreign companies, lack of controls, and alleged explos...more

Categories: Investment, VC, PE Financing
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  • marijuana
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DOL Overtime Rule: Effective December 1, 2016 – Ready or Not!

Carole Richter
Posted at 10/4/2016 1:58:35 PM

New rules raise the minimum salary for exempt (exempt from overtime) employees from $23,660 to $47,476.  The previous rate of $455/week, or $23,660/year has not been a challenge for most employers, but the new rate ($913/week) may cause pause. 

You have options!  First, conduct a self-audit of your exempt and non-exempt classifications to understand the salary and duties tests for Executive (Management), Administrative, Professional, and other exempt classifications (DOL Fact Sheets #17A & #17G.)  Misclassifying an employee can result in stiff penalties so owners and...more

Categories: Compliance & Policy
  • Overtime
  • HR
  • Policy
  • DOL
  • Compensation


Jason Thomas
Posted at 9/24/2016 1:01:14 PM

Since 2013, I have provided professional commercial real estate and business brokerage services to the licensed cannabis industry. Over the years, I have had the pleasure of working with some of the most outstanding cannabis business owners on dozens of projects throughout the United States. However, despite one’s cannabis business experience, acumen, and industry understanding, real estate issues come up that can make or break your business. Whether you’re a business owner, real estate investor, or other cannabis business that is real estate reliant, considering these simple dynamics should...more

Categories: Investment, VC, PE Financing
  • #Cannabis Real Estate
  • Avalon Realty Advisors

Find the Right Investors for Your Dispensary

Avis Bulbulyan
Posted at 7/22/2016 6:49:22 PM

It can be challenging to find startup funding for a cannabis dispensary. Investors are out there, but it takes specialized skills and know-how to find them. Here are a few methods that may help you connect with startup funders.

Networking. Networking is the key to growth and success as no business can succeed in a vacuum. Your contacts are a vital part of your business and you should look after them. Thirty years ago, a huge rolodex was a sign of a master networker. Today, social networking is an excellent way to develop personal connections. You cannot ignore Linkedin, Facebook, and other ...more

Categories: Investment, VC, PE Financing  |  Cannabis Provider  |  Consulting
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  • Dispensary
  • Dispensing
  • Investor
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  • Fundraising

King of the Industry: Why Some New Companies Feast on Emerging Trends While Others Starve

Khadijah Adams
Posted at 7/3/2016 9:59:23 PM

How do you become the fastest, most successful company in the history of business? What kind of secret formula do you need to thrive in an emerging industry? How does your business feast in an environment where businesses starved; pioneering through uncertainty, resisting rescue and outlasting vicious competition? Few businessmen and women embrace the audacity of risk amongst controversy, succeeding with grit in one of the most controversial times in American history.

It hasn’t been one decade and America has begun to forget about the entire country teetering on the edge of economic crisis....more

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