Education

Committee Insights | 8.24.21 | Advanced Risk Mitigation for Cannabis: Best Practices and Policies


In this edition of our NCIA Committee Insights series originally aired on Tuesday, August 24, 2021 we were joined by members of our Risk Management & Insurance Committee for a discussion on how to reduce the overall risk facing cannabis businesses through the implementation of proactive risk management practices.

Join our panel of experts as they walk through a number of hot-button issues specific to the cannabis industry, including cybersecurity, product liability, marketing risks, and the protection of high-value assets.

Presentation Slide Deck: https://bit.ly/3gRsri7

Our team of cannabis professionals will guide you through real-life scenarios to help you learn from the mistakes of others. Although cannabis is still an emerging industry, there is a broad array of tools that business owners can use to protect their bottom line and maintain their business’s operations through an emergency.

Some of the various risk-reduction tools that will be discussed in this webinar include specialized insurance policies, contractual risk transfer, common-sense business practices, appropriate investment review, and cutting-edge technology that helps protect large quantities of cash and cannabis. These insights will help members prepare for the unexpected and ensure business continuity through the coming years.

Panelists:

Matthew Johnson
Vice President, Risk Services
QuadScore Insurance Services

Danny Bozzuto
Co-Founder
Cannabis Connect Insurance

Kevin Mullins
VP, Emerging Market Sales
3SI

Chris Payne
Treasurer/Board Member
CLIC Risk Retention Group, Inc.

Cimone Casson
Cannas Capital
Insurance Agent

Member Blog: Cannabis Commoditization

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NCIA is leading the cannabis industry's unified and coordinated campaign to ensure our business sector is treated fairly and has the opportunity to reach its full potential. Now - more than ever - is the time to invest in your business and the future of the industry by becoming a member.

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