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EP. 64: Is the Time at Hand for Cannabis Captives?

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If you ask around about cannabis captives, you won’t find out much. It turns out there are few if any captives for cannabis companies. However, as the industry matures, interest in forming captives is sure to grow, and some brokers have been gearing up to focus on helping cannabis companies set up captives when the time comes. With premiums for several lines of insurance still relatively high, and the industry strapped for spare cash lately, some say the time for cannabis captives is at hand. We spoke with Wes Sierk, managing director at Risk Management Advisors, who is hyper-focused on cannabis captives, for our latest episode.

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