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Publications

Insurance for the Cannabis Industry Program Takeaways

May 15, 2019 Blog

I recently moderated a Bar Association of San Francisco Insurance Section program co-sponsored with the Cannabis Law Section. The program highlighted recent changes to local insurance requirements and market availability of coverage for cannabis businesses.

Local insurance requirements vary greatly by city and county, and it is important to take this into account—especially if you will be doing business throughout California. While certain coverages are still unavailable (i.e., true outdoor crop insurance) or prohibitively expensive (i.e., quality D&O insurance), one point of optimism is that the insurance market is actually adapting quickly and well to the demand for insurance for this industry. As a result, the panel recommended reviewing and updating your insurance portfolio often with the assistance of a broker who is well versed in the cannabis space.

Read full blog post, here.

Firm Highlights

Publication

Cannabis Companies and the California Consumer Privacy Act

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Event

2019 BASF Cannabis Conference

Ryan Lowther will provide opening and closing remarks and Greg LeSaint will present at the "Cannabis M&A Transaction Primer" session at the 2019 BASF Cannabis Conference. This half-day event gives practitioners the opportunity to learn about...

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Publication

CBD in Foods and Beverages? Not Quite Yet

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Evicting Tenants Over “Illegal” Cannabis Operation Comes Back to Bite Landlords in Coverage

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California Cannabis Cultivators Face Legal Challenges as Temporary Licenses Expire

California Cannabis Cultivators Stuck Without Licenses: Ab-97 Gives Some Relief, but Immediate Stop-Gap Measures Still Necessary Over the past few months, thousands of California cannabis farms that had been operating legally with temporary state...

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Event

WSJ Pro Cybersecurity Symposium

Tyler Gerking will be speaking at the WSJ Pro Cybersecurity Symposium session, "The Role of Cyber-Insurance." Details: How much should you buy, what does it cover and how does it fit with an overall...

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Publication

Doing Business With the Cannabis Industry? Make Sure Your Insurance Will Cover You

By Shanti Eagle, Farella Braun + Martel, and Martin Fox-Foster, Emergent Risk Insurance Services Much has been written about the difficulties and limitations of insuring leaf-touching cannabis businesses. However, any individual or company simply interacting...

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Publication

Reimbursement of Employment-Related Expenses Is Not a “Wage and Hour” Claim Within the Meaning of EPLI Exclusion

A recent California appellate court decision found that a wage and hour exclusion in an Employment Practices Liability Insurance (“EPLI”) policy did not bar coverage for claims under California Labor Code sections 2800 and...

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Publication

In the Weeds: Marijuana Legalization & Employment Laws

Over the last several years, attitudes towards marijuana use have rapidly changed in the United States. According to a 2018 Pew Research Survey, 62 percent of U.S. respondents said marijuana use should be legal...

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News

The State of Cannabis

Ryan Lowther, chair of Farella’s Cannabis Industry practice group, discusses how one of his main tasks for North Bay cannabis companies in regards to processing licenses are compliance hurdles. In the article, Ryan explained that...

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