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INSURERS REMAIN SUSPICIOUS OF CANNABIZ

Courtesy of Getty Images

By Donny Alexander
07/06/2019 03:29 PM GMT-0700
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A Californian need not be an insider to know that banking within cannabis is a borderline non-starter. But banks have nothing on insurance, an industry which has similarly been kept out of the weed game by federal prohibitions.As insurance companies remain on the sidelines, eyeballing the industry, "[f]rom seed to sale, cannabis businesses operating according to the law, need insurance protection," to cite Insurance Commissioner Ricaro Lara.North . . .

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