The Cannabis Accounting Podcast

Ep. 37: Insurance: Important Considerations for Picking an Insurance Provider for Cannabis Companies

03.30.2020 - By DOPE CFOPlay

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Insurance is an imperative part of any and every business, especially for Cannabis with its federally illegal status and strict regulations. The caveat is that most average carriers won’t touch the Cannabis industry.

Join us for Episode 37: Insurance: Important Considerations for Picking an Insurance Provider for Cannabis Companies as we interview Brenda Bader, accounting professional and insurance agent of Missouri. She has provided services for more than 20 years to individuals and businesses and is one of the few agent insurance agents we know of that serves the Cannabis market.

Listen in as DOPE co-founder Naomi Granger, MBA, CPA interviews Brenda and asks her about why insurance is essential to Cannabis businesses, what kind of policies apply to different Cannabis verticals, and how to pick a trustworthy carrier who can protect your client or your company.

Key points Brenda discusses include:

Must-know Cannabis insurance facts such as why Cannabis friendly carriers are 100% required for getting claims paid and serving ancillary

Cannabis businesses

What reports and regulations must be adhered to in order to receive payments on claims

Why Cannabis companies might need insurance, such as product liability and loss of use

How the DOPE CFO program prepared Brenda for translating her accounting and insurance skills to the Cannabis industry so she could

provide for this underserved market

...and more!

Insurance is a crucial part of the Cannabis industry and requires in-depth knowledge to understand your options when looking at carriers. This episode puts you in the know with one of the best in the field.

To claim the free guide we mention at the end of the podcast, remember to text us “DOPECFO” at 345345.

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