There is no faster growing industry than the Canadian cannabis industry. We are here to share our knowledge and help make the insurance process simple for your cannabis business.

Outdoor Cannabis Cultivation in Canada

Outdoor Cannabis Cultivation In Canada

Canada’s licensed outdoor cannabis cultivation space has increased from 19.9 million square feet at the start of 2020 to 59 million square feet since Health Canada’s latest report in August. Outdoor growing is an attractive option for cannabis businesses since the operating and start-up costs are typically lower than growing in greenhouses or indoor warehouses.…

how is the coronavirus impacting canadas cannabis industry

How is the Coronavirus Impacting Canada’s Cannabis Industry?

“To further contain the spread of the novel coronavirus COVID-19, provincial governments across Canada have ordered the mandatory closure of all non-essential businesses and services. One industry that is exempt from the mandatory closures, and therefore deemed essential, is the cannabis industry. All licensed cannabis producers and stores have so far been allowed to remain…

Get a Retail Cannabis Insurance Quote Online

You’ve decided to apply for your retail cannabis license – now what? You are most likely on the hunt to secure the right location for your business. This is also the time when you will want to start looking at your insurance options. At a minimum, this would include commercial liability (CGL), but depending on…

The Next Frontier for Cannabis Kevin Lea Interview

The Next Frontier for Cannabis

Author: Insurance Business Canada IBC: How have you seen the insurance market for cannabis risks evolve since recreational use was legalized? Kevin Lea: The market for cannabis insurance in Canada has been slowly evolving since legalization. We’ve seen the continued strength of the MGAs and other wholesalers generally dominating the sector, similar to the way it…

Cannabis Companies Face Cross-border Exposures if They Want to Grow

Cannabis Companies Face Cross-border Exposures if They Want to Grow

Canadian cannabis companies should be thinking strategically about future expansion into some of the larger markets, such as Europe and the United States. Although doing so won’t come without insurance implications.  “We are certainly seeing some complexities there. Some of our clients and other companies within the industry are looking to do cross-border operations,” said…