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.
Author: Insurance Business Canada The rollout of cannabis legalization in Canada has been anything but smooth, but the insurance market is continuing to evolve and change for the better. “There are now more providers who are cannabis specialists that are operating at higher capacity – they’re adding staff to deal with the inflow of submissions and…
Budding cannabis businesses have a variety of licence classes and subclasses to choose from. One of these is the nursery designation, which provides a unique opportunity for those interested in cannabis genetics to develop new varieties of high-quality cannabis and to then sell those strains to other cannabis producers who in turn will grow them…
One sector of the burgeoning cannabis industry with its eye on the prize amid Canada’s shortage debate is the micro-cultivating market.
The buzz around micro cultivation is continuing to build both for those interested in starting their own business and for larger Licensed Producers (LPs) looking to partner with craft cannabis growers across Canada. Under the Cannabis Act, small-batch growers can apply for a micro-cultivation license. Under the regulations in the Act, a micro-cultivation license permits…
In our previous blog post, we discussed general host liability, which provides protection for the serving of alcohol by a non-liquor or cannabis-related business. If your company is directly alcohol-related, and is involved in manufacturing, selling or serving alcohol or cannabis, then host liquor policies under general liability insurance usually won’t protect you against claims.…
Whether you’re sharing a beer with employees on a Friday afternoon or hosting a company golf tournament, there’s more to think about when alcohol or cannabis is involved. As soon as you take on the roll of the “host”, you are responsible for ensuring that there are no negative consequences that result from providing and…
Alberta is home to over one third of Canada’s legal cannabis stores. At 65 operational locations, the province has more open stores per capita than any other province. According to a report published by Statistics Canada, Canadians spent $43 million at cannabis shops in October, and a further $54 million in November. These numbers are…