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News InsuranceLegislation / Regulation

How cannabis legalization could re-word home insurance policies

August 29, 2018 by Greg Meckbach

If carriers do what one insurance defence lawyer advises, your clients could get new exclusionary language in their home insurance policies as a result of cannabis legalization. Insurers who are concerned about the risk of fire and burglary arising from

News ClaimsLegislation / RegulationRisk

Liability risk for private pot retailers

August 28, 2018 by Greg Meckbach

Your retail client could be at risk of a lawsuit if it starts selling cannabis, but the exposure may not be the same as the liability risk of a bar serving alcohol, an insurance defence lawyer suggests. Whether a retailer

News InsuranceLegislation / Regulation

The client that should resemble a jail

July 18, 2018 by Greg Meckbach

Once the new cannabis regulations take effect this October, commercial brokers servicing marijuana-producing clients should ask clients what they are doing to keep their production facilities secure. If a commercial underwriter gets an application for insurance from a cannabis grower,

News InsuranceLegislation / RegulationMarkets / Coverages

Why marijuana legalization could impact cyber risk

July 17, 2018 by Greg Meckbach

Commercial brokers looking to place insurance for cannabis providers should be paying close attention to the information their clients keep on medical marijuana patients. Cannabis regulations announced last week will supersede the Access to Cannabis for Medical Purposes Regulations once

News BrokersInsurance

In search of cannabis product liability coverage

June 28, 2018 by Greg Meckbach

Brokers looking to place product liability policies for cannabis vendors might face an uphill battle. The cannabis industry “desperately” needs access to the same coverage that insurers already provide to non-cannabis businesses in agriculture pharmaceutical or manufacturing, said Wendy Sinclair,

News ClaimsLegislation / Regulation

‘Spikes’ in marijuana use found after legalization

June 14, 2018 by Greg Meckbach

Will the legalization of recreational marijuana encourage some Canadians to start using pot? In jurisdictions where cannabis has been legalized “we see spikes in use at the onset of sales,” Lewis Koski, former director of the Colorado Marijuana Enforcement Division,

News Insurance

Some business risks from marijuana regulation changes

June 7, 2018 by Greg Meckbach

A Canadian fish oil supplement supplier, a business that hopes to enter the medical marijuana industry, is warning of the risks posed by the “rapidly-evolving” cannabis industry and uncertainty over Health Canada’s license approval process. Health, safety and environmental regulations

Feature Claims CanadaInsurance

Medical Marijuana: Does it work?

January 17, 2017 by

Around the world, governments are approaching the recreational possession and use of marijuana and other drugs very differently. These countries and states are leading the way when it comes to implementing new legislation and adopting more lenient attitudes to help