NCIA Committee Insights | 2.10.21 | New States Licensing Framework and Insurance Requirements

NCIA Committee Insights | 2.10.21 | New States Licensing Framework and Insurance Requirements

In this edition of our NCIA Committee Insights series originally aired on Wednesday, February 10, 2021 we were joined by members of our Risk Management and Insurance Committee for a discussion focused on new state cannabis medicinal programs as well as expanding adult-use programs and the insurance requirements that are part of the licensing process. Panelists reviewed the most common requirements for license hopefuls, took a deep dive into SOPs and best practices, and established key pillars for a sound, scalable risk management program.

Learning Objectives:
• Key licensing requirements pre and post application
• Imperative coverage to start your business
• Standard Operating Procedures that can be leveraged to ensure you have the right policies in place when you are opening your doors
• Key Risk Management Techniques
• What to do once you have a license & basic coverage
• Deep dive into key milestones and additional coverage that can be applicable as you scale your business

Panelists Include:

Jeffrey Samuels
Vice President Cannabis Practice

Eric Rahn
Managing Director
Rahn & Associates Insurance Brokerage

Matthew Johnson
Vice President of Marketing
QuadScore Insurance Services

Michael DeNault
Risk Mitigation Specialist
Charles River Insurance

Kevin Haller, CPA
Principal of Akene Consulting

Cimone Casson
Executive of Cannas Capital

Let the 117th Congress Begin

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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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