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Admitted Insurance Carriers Are Here: Cannabis Buyers Beware

I have learned a number of Latin phrases since my legal career began. None, however, has been as useful in my practice as a risk management attorney serving cannabis industry clients as one I learned in school: Caveat emptor. Buyer beware. First Admitted Cannabis Insurance Product Hits the Market Last week, the California Department of Insurance accepted Golden Bear Insurance Company’s filing for a new commercial insurance program marketed to the cannabis industry. For Insurance Commissioner Dave Jones, the acceptance of this program, the first offered by an admitted carrier in California, was a major step toward accomplishing a longstanding goal of making admitted insurance products availab

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