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Insurance and Cannabis

The cannabis industry is new and as a result not that many standard line insurance company are looking to write the coverage. As the market settles and has more data to draw on prices will come down and competition will open up. I was interviewed for an article by the Red Deer Advocate HERE.

Lacombe Cannabis District

Lacombe is now home to four cannabis stores.  We want to pass along our congratulations to the owners and management teams of the stores and wish them all the success.  Read the full CTV article HERE For your Cannabis Insurance needs contact Insurance420.ca today. darren@insurance420.ca | 403-318-9325

AGLC lifts Cannabis Moratorium

Finally the draconian overlords and lifted the Cannabis Moratorium and we can get back to work.  If you let your policy lapse or need a quote once you get licensed give us a call or contact or office.  We used this time to secure markets, make connections and secure quick turnaround times.  To read the … Read more

Celebrate 4:20

Happy 4:20 too all you great people out there!!! Stay safe and have fun. It’s also the first anniversary of the launch of our website!! Thank you to our customers and everyone that has inquired about our online offering for Cannabis and Marijuana Insurance. It is you that make us successful and we can do … Read more

Insurance takes on Cannabis Edibles

As the regulations change to include Cannabis Edible products; there will need for insurance to evolve to cover those products.  Similar to host liquor or over-serving claims, there could be liability placed on a business or individual for creating and serving the Edibles to customers and friends.  Read the fill article HERE from Canadian Underwriter.

Cannabis Users Remains Constant

Looks like the amount if users of Cannabis has remained the same since it was legalized in October 2018.  About 4.6 million or 15% of Canadians aged 15 and older reported using cannabis in the last three months. That was a similar percentage to what was reported before legalization. In addition, nearly one in five Canadians think they will use cannabis … Read more

Cannabis Legalization in Alberta

Yes, cannabis is legal in Alberta, but: only if you’re 18+ only from licensed stores or albertacannabis.org 30 grams is the most you can buy or carry at a time you can’t smoke in some public places – know your local laws only 4 plants can be grown per household driving high is illegal it can’t be … Read more

Cannabis now legal in Canada

It’s here, Oct 17, 2018.  We made it!  Legalization day.  I have attached a link to a CBC news article which has a guideline to the various rules in each Province.  You can read it here. In Alberta you are able to purchase at private stores and have up to 30 grams in your possession … Read more