Run Time: 14:39

EP. 34: Insuring Cannabis is Impossible Without Surplus Lines, so a Hardening Market is a Thing to Watch

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It may not come as much of a surprise to those who know about insurance and cannabis that the business is written mostly by the surplus lines market. Just how much is written there vs. the admitted market? Estimates range from well far north of 50% to 90% or better. But the real news peg here is this: the surplus market is hardening, so those hoping to see premiums go down likely won’t be getting their wish any time soon.

This episode of the Insuring Cannabis Podcast is supported by CannGen Insurance Services, LLC.  Providing comprehensive insurance coverage for the cannabis, CBD, and hemp industry on a nationwide basis for all product lines.

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