Legalization = Commercialization

~Zen~ · May 23, 2018

Here in California they are totally commercializing the cannabis industry, stacking it against the small growers and attempting to eliminate the 'black market'.

The latest news today is the scheme our Insurance Commissioner has cooked up to make more money for his insurance friends. Insurance for the cannabis industry!!!

SACRAMENTO – Insurance Commissioner Dave Jones announced Wednesday that he has approved a new product liability and product recall program for the cannabis industry in the State of California.

This new cannabis insurance policy, offered by Continental Heritage Insurance Company, provides product liability and product recall coverage against claims arising from commercial cannabis activity for licensed businesses in California.

"Whenever anyone shops in, works in, sells products to, or invests in a cannabis business, I want there to be insurance coverage available," said Jones. "Continental Heritage Insurance Company's insurance product is another example of the success we are having in getting more insurance coverage for the cannabis industry. I encourage more insurance companies to follow Continental Heritage's lead and file insurance programs to fill the gaps in coverage for the cannabis industry."

The newly approved program offers coverage to businesses with the following license types: Cultivator, Manufacturer, Distributor, Retail and Medical. Laboratory testing licenses are not eligible for this program.

The core component of this insurance program is the applicant's ability to conduct licensed activities in compliance with California laws and regulations and to produce and sell consistently safe products.
Click to expand...

Read more in the press release.

unfocusedanakin · Jun 3, 2018

Takes a lot of money to be licensed in Colorado and if you have a criminal record for saying growing pot you will not get that license. You broke the law as it was at that time. So the average grower who knows weed and cares about it probably odes not own the shop. It's how capatilsim goes. Weed makes money. You can buy an oz for $100 or less here but a good $100 oz is tougher to find. Lots of people are not picky.

Log in or Sign up

Legalization = Commercialization

~Zen~ California Tripper Administrator

unfocusedanakin The Archaic Revival Lifetime Supporter

Share This Page

Log in or Sign up

Legalization = Commercialization

~Zen~ California Tripper Administrator

unfocusedanakin The Archaic Revival Lifetime Supporter

Share This Page

Useful Searches