Cannabis Insurance laws are changing along with the marijuana industry and keeping on top of marijuana news is important for your cannabis business in order to make informed decisions on cannabis insurance. As the marijuana industry changes and sets new precedent when it comes to cannabis insurance, S2S Insurance Specialists are committed to bringing marijuana news from an insurance standpoint and how to mitigate risk for cannabis businesses, by seeing examples in the news of marijuana businesses who were not properly insured.

http://New Risk Management and Insurance Committee Manual: Introduction to Cannabis Insurance | (thecannabisindustry.org)

| (thecannabisindustry.org)”>http://New Risk Management and Insurance Committee Manual: Introduction to Cannabis Insurance | (thecannabisindustry.org)

WEEDING THROUGH THE VARIOUS CANNABIS INSURANCE COVERAGES

 

 

Deciding which insurance coverages you need for your cannabis operations can be a perplexing, confusing and frustrating process. This decision is further compounded by ever-changing regulations that vary from state-to-state. Purchasing only General Liability Insurance from some major, traditional insurance company won’t work in the world of cannabis. Your business needs certain coverages that are tailored to your specific operations. Having the right coverage in place is critical as an unexpected event like a theft, fire, data breach, product defect, wrongdoing by Directors or Officers or an employee accident can trigger a devastating effect on your business. At S2S Insurance Specialists, we are here to help you weed through the various coverage options to ensure you and your business are adequately protected.

 

Below is a summary of five insurances that should be part of your policy:

 

Property & Casualty Insurance

Property & Casualty (P&C) Insurance is one of the most common forms of insurance policies for any business; however, our industry is unique and requires cannabis-specific P&C insurance. The Property piece of the policy protects not only your place of business, but also its contents, including office furniture, computers and inventory, from common perils such as fire, lightning, explosion/implosion, riots, strikes and terrorism.

 

The Casualty (aka General Liability) piece of the policy will cover the business if you’re sued for negligence. For example, if someone slips and falls in your dispensary and requires medical attention, that person might file a lawsuit against your business. With this form of cannabis insurance, you’ll be covered not only for the damages but also the costly legal fees.

 

Product Liability Insurance

Product Liability Insurance is designed to protect your cannabis company from claims that can happen anywhere along the supply chain, including product contamination, mislabeled products, false advertising or defective products. With proper coverage, your insurance company will pay for damages and legal expenses if you are sued, up to your policy limits. Your Product Liability policy will also cover any medical expenses for those who are harmed by your business. Product Liability Insurance is often overlooked, especially by small to mid-size businesses. However, your cannabis business needs this type of coverage if you sell any goods or products that end up in the hands of the public. In fact, your business may be contractually obligated to have Product Liability Insurance.

 

Crime Insurance

The most common cause of loss facing cannabis businesses today is theft. The only way to ensure you get reimbursed from losses caused by a burglary, destruction of property or theft of finished product is to have Crime Insurance. Below are some of the common scenarios that Crime Insurance covers:

  • Employee theft of money, securities or property inside the premises.
  • Non-Employee theft both inside and outside the premises.
  • Forgery or Alteration, including inadvertently accepting forged checks or counterfeit money or employees altering checks, bank drafts and other financial documents.
  • Computer and wire transfer fraud.
  • Robbery of valuables while in transit under the care of a messenger or armored car.

 

Many owners are not aware that Cannabis Crime Insurance isn’t automatically bundled into a Cannabis Insurance Policy, and therefore, find out the hard way that they are not covered. Making sure your insurance policy includes Crime Insurance should be a top priority for any cannabis business owner.

 

Open Cargo Insurance

Cargo coverage is a protective cannabis insurance designed to recover the loss in such an event that your product is lost, damaged, or stolen while being either loaded, transported, or unloaded. Many business owners and distributors do not have cargo coverage because they mistakenly thought it was covered by property coverage insurance or their commercial auto insurance, which does not cover the contents within the vehicle. Having this type of insurance policy is a necessity for any cannabis business owner that relies on any form of shipping.

 

Cyber Defense & Data Breach Insurance

Cyber fraud is a very real and costly risk that is largely unaddressed within the cannabis community. Even the smallest of cannabis businesses are at risk of data breaches because they are part of a larger interconnected network of seed to sale vendors. In fact, Cyber Liability is actually the new General Liability for growing number of business that sell exclusively online (versus brick and mortar storefronts). The impact of a data breach can have a costly impact on your operations. To help mitigate risk, it is strongly recommended that you have Cyber Defense & Data Breach Insurance to protect you from costly legal claims. Cyber liability insurance will protect you against lawsuits, as well as penalties/fines from regulators.

 

In Summary

Choosing the right insurance policies is one of the most important decisions you will make for your business. By working with an independent insurance broker like S2S Insurance Specialists, you can rest easy knowing you have the right amount of insurance – not too little, not too much – and the most important coverages for your business. Please contact us so we may examine your current policies, help you understand what is and is not covered, and adjust your policy, as needed.

The Top Three Threats Facing Cannabis Businesses in 2021 Are You Prepared & Protected?

Cannabis remains one of the fastest growing industries with no signs of slowing down in 2021. As new companies emerge and established companies fight to grow their market share, the number of serious – and very real threats – business owners face are taking center stage. This is the year that business owners and operators need to double down and institute a legitimate risk management plan that includes certain, must-have insurance coverages to protect themselves.

As an insurance broker who specializes in the cannabis industry and works with a wide variety of cannabis, hemp and CBD businesses in every state where marijuana laws are established, our recent analysis has unveiled the top three threats your business need to prepare for in 2021.

  1. Crime

Theft will continue to dominate cannabis insurance claims this year and the reasons are two-fold: First, civil unrest and looting across the U.S. is causing heightened security risks, particularly for retail operations. Criminals are well aware that these types of businesses maintain a large supply of cash and product. As looting occurs, many owners have no way to relocate their goods away from their storefronts, which makes them a prime target for theft. However, it’s not just retail establishments that need to be concerned. Cultivators face a growing risk. State regulations require plant and production facility blueprints to be made publicly available and thieves can easily access your entire layout to devise their plan.

The second reason you need to protect your business from the growing risk of crime is, unfortunately, your employees. The harsh reality is approximately 90% of theft claims point to an inside job. Employees have a lot of opportunity to learn the vulnerabilities of your business. In some cases, employees in cannabis grow facilities and retail storefronts have developed elaborate schemes to successfully rob their employers blind.

 

Losses from an office burglary to destruction of property to theft of finished product can have a devastating effect on your business. The only way to ensure you get reimbursed from losses caused by theft on your premises is to have Crime Insurance. Many business owners are not aware that Cannabis Crime Insurance isn’t automatically bundled into a Cannabis insurance policy, and thus, when they experience a loss due to criminal activity, they are not covered. Making sure your insurance policy includes Crime Insurance should be a top priority in 2021.

 

  1. Cargo

 

Crime Insurance protects you from certain illegal activities that occur on your premises but what about when your goods or materials are stolen in transit? Even though marijuana is now legal in many states, the black market is still booming and cargo theft is one of the main ways criminals infiltrate the supply chain. Everything from growing supplies, to technology, to raw and finished products are in high demand. It is common knowledge in the dark underworld that cannabis related products are often untraceable and can be easily intercepted during shipping, repackaged and then sold in a short turnaround time. Having a cargo insurance policy is a necessity for cannabis business owners that rely on any form of shipping.

 

Many business owners and distributors do not have this type of coverage because they wrongfully assume its covered under their property insurance policy. At S2S Insurance Specialists, we do not want you to make that mistake. This year, you should make it a priority to protect your goods in the event that your product is lost, damaged, or stolen while being either loaded, transported, or unloaded. Cargo theft isn’t going away anytime soon — not as long as the possible payday for thieves keeps going up.

 

  1. Cyber Fraud & Data Breaches

 

Cyber risk is perhaps the greatest risk facing cannabis companies in 2021. With so much cash pouring into the space, cybercriminals are not likely to halt their attacks on the industry anytime soon. What makes you especially attractive to hackers? If you are a dispensary, it’s the vast amount of personally identifiable and protected health information you’re required to collect. If you are in the cultivation game, you must keep detailed records of your inventory and your crop trade secrets can be of high value. Even testing labs accumulate large amounts of sensitive product data through seed-to-sale platforms. Given these factors, coupled with the fact that cannabis is still a relatively young industry experiencing lightning-speed growth, cannabis businesses are prime targets for cybercrime. Even the smallest of companies are at risk for the mere fact that they are part of a larger interconnected network of software vendors.  One thing is for certain in 2021: data is becoming increasingly valuable and cyberattacks are becoming more sophisticated.

 

Cybercrimes can have detrimental effects on your business in numerous ways. In the case of a data breach resulting in the disclosure of a third party’s private information, the third party could sue your business.  The SEC could also find your company negligent in cyber fraud cases and impose significant fines. Without Cyber Defense & Data Breach Insurance, your business could be solely responsible for expensive legal bills, significant revenue losses and hefty fines and penalties from regulators. Cyber Defense & Data Breach Insurance is a must-have coverage in 2021, and beyond, in order to protect your business from crippling losses.

 

 

In Summary

 

When it comes to mitigating risk in this business, the stakes are sky high. Cannabis companies that have not incorporated risk management into their business/operational plans will need to in 2021 (especially those who are trying to secure funding from private equity firms). It all boils down to the THREE P’s: being “Proactive, Prepared and Protected.”

 

As S2S Specialists, we are here to guide you through the intricacies of insuring your cannabis business. Our job is to analyze your operations, expose and explain your potential risks – real risks you may never have even thought about – and develop a customized, cost-effective plan that offers you full protection and peace of mind.

 

To get started, please schedule a free 15-minute consultation with us so we may examine your current insurance policies, help you understand what is and what is not covered, and adjust your policy, as needed.

Cannabis Industry Starter Guide

 

 

You know you need insurance for your cannabis business, but where you do begin? What are the must-have policies? How much insurance do you need? Which types of insurances are required by law?

 

If you are asking these questions, you are not alone. Cannabis businesses across the marijuana, hemp and CBD supply chain, which includes growers, producers/distributors, local dispensaries and testing facilities, face unique risks that require specialized insurance policies. To complicate matters, many of the necessary coverages vary from state to state and cannot be acquired through traditional insurance carriers given marijuana’s federally illegal status. As S2S Specialists, we are here to guide you through the intricacies of insuring your cannabis business and give you peace of mind. Below are the main types of insurances that should be part of your initial policy to protect you from crippling losses. We encourage you to reach out to S2S Insurance Specialists with any questions and to develop a cost-effective policy that is tailored to your specific needs.

 

  1. Workers Compensation Insurance

 

It doesn’t matter if your cannabis company consists of three or 300 employees, Workers’ Compensation Insurance is a necessary policy. Every single day, your employees are exposed to numerous risks due to the nature of your operations. Even one accident can have a devastating effect on your business. If a worker slips and breaks his leg in your dispensary or a budtender cuts her finger on the job, Workers’ Compensation Insurance will pay for their medical care and lost wages, regardless of who is at fault in the accident. Above all, most states require a Workers’ Compensation policy in order to conduct business. However, the lack of consistency in state regulations is why you should consult with an insurance broker that specializes in cannabis for your risk management needs.

 

  1. Property & Casualty Insurance

 

Whether you own a retail store, a warehouse, a testing facility or any inventory, you need to protect your assets from potential loss or damage. Property & Casualty (P&C) insurance protects your business against common and costly perils such as a fire, lightning, explosion/implosion, and even less common – but still possible – risks like riots, strikes and terrorism. P&C insurance not only pays for damages to your business property resulting from a covered loss but it also the contents within your place of business, including office furniture, computers, inventory and other assets essential to your business operations. There are policies that will also provide the funds required to keep your business afloat until the damages from the loss are repaired. Any cannabis business with a physical property and location(s) should have a comprehensive property and casualty P&C policy in place.

 

  1. Cyber Defense & Data Breach Insurance

 

Cyber fraud is a very real and costly risk that is largely unaddressed within the cannabis community. Even the smallest of cannabis businesses are at risk of data breaches because they are part of a larger interconnected network of seed to sale vendors. Particularly right now in the midst of the pandemic, more employees are working from home, which greatly increases your company’s risk of network vulnerability and data breaches. Given that many dispensaries collect patient/client personal information, a breach of even a single computer could provide hackers with valuable information on all their partnering dispensaries, product deliveries and clients’ private information. The impact of a data breach reverberates and can have a costly impact on your operations. For example, if a company’s distributer, for example, detects the breach, your company can be held liable. To help mitigate risk, it is strongly recommended that you have Cyber Defense & Data Breach Insurance to protect you from costly legal claims.

 

  1. Product Liability Insurance

Product Liability Insurance is designed to protect your cannabis company from claims that can happen anywhere along the supply chain, including product contamination, mislabeled products, false advertising or defective products. With proper coverage, your insurance company will pay for damages and legal expenses if you are sued, up to your policy limits. Your Product Liability policy will also cover any medical expenses for those who are harmed by your business. Product Liability Insurance is often overlooked, especially by small to mid-size businesses. However, your cannabis business needs this type of coverage if you sell any goods or products that end up in the hands of the public. In fact, your business may be contractually obligated to have Product Liability Insurance.

How to Get Started

 

Acquiring insurance coverage is one of the most important purchases you will make for your Cannabis business, and shopping for this valuable protection can be a daunting process that involves researching, evaluating and comparing dozens of different coverages to ensure you and your business are adequately protected. That is why S2S Insurance Specialists provides a Cannabis Insurance Starter Guide to make your life easier. Our job is to analyze your company, expose and explain your potential risks – real risks you may never have even thought about – and develop a customized plan that offers you full protection and peace of mind.

 

To get started, you should schedule a free 15-minute consultation with us so we may develop a comprehensive understanding of your daily operations and the risks involved. Essential information like sales revenues, number of employees, listing of business properties, annual payroll expenses, and a business operations plan will help us navigate the marketplace and make sure that your coverage is tailored to your unique needs.

 

We understand that insurance may not be at the top of your mind, but nonetheless, taking steps to minimize your risk now will protect you and your company down the road. Please contact us so we may examine your current policies, help you understand what is and is not covered, and adjust your policy, as needed.

 

5 Reasons Your Cannabis Business Needs a Qualified Insurance Broker

Acquiring business insurance coverage is one of the most important purchases you will make for your Cannabis business, and shopping for this valuable protection can be a daunting process that involves researching, evaluating and comparing dozens of different coverages to ensure you and your business are adequately protected. Many insurance companies advertise cutting out the middleman and buying direct. While you may think this is a money-saving move, that’s typically not the case.  In fact, you could find yourself paying more and purchasing policies that you don’t even need. Here’s the top five reasons many savvy Cannabis business owners choose to work with an experienced independent insurance broker:

  1. Brokers work for YOU, not the insurance companies

 

Independent insurance brokers offer multiple policy and product lines from a broad selection of insurance companies while direct writers work specifically with one insurance company. If you call an insurance company directly, you’ll likely speak to a call center rep who does not have specific knowledge of your business or the Cannabis industry. They will only be able to offer you one price based on your eligibility and broad coverage needs. To them, you are just a number. Insurance brokers are your personal point of contact and they offer a wealth of support at each step of the way.

 

  1. Brokers, not carriers, have specialized knowledge of the Cannabis industry

 

The Cannabis industry with its complex regulations that vary state-to-state requires specific knowledge and expertise, something only a cannabis insurance broker, like S2S Insurance Specialists, can provide. Our job is to analyze your company, expose and explain your potential risks – real risks you may never have even thought about – and develop a customized plan that offers you full protection and peace of mind.

 

  1. Brokers are a one-stop-shop, saving you time, money and the hassle of comparing coverages

 

Cannabis business owners rarely have the time to shop around for insurance nor desire to do so. Working with an experienced broker will be a smoother, easier process. Brokers work with multiple carriers and do all the tedious price and coverage comparisons in order to present you with your best option. Furthermore, if your insurance rates go up, your broker can shop your policy to see if you could save money by switching to another insurance company. Independent brokers are a one-stop-shop for all of your insurance needs.

 

  1. Brokers will fight to make sure your claims get paid

 

You have insurance to protect you, so why, when an incident occurs, is it so hard to get your claim processed? Insurance companies are for-profit businesses designed to make money by collecting more in premiums than they pay out in claims. That means it’s in the insurance company’s best interest to look for reasons to deny your claim. A competent insurance broker will assist you with the claims process and negotiate on your behalf. If you find yourself in a disputed claim, your broker will act as an advocate with your insurance company. Thanks to their knowledge and experience, a broker is more likely to be able to help you settle your disputed claim compared to if you were acting independently.

 

  1. Peace of Mind

 

Choosing the right insurance policies is critical as an unexpected event like a theft, fire, data breach, product defect, lawsuit or an employee accident can have a devastating effect on your cannabis business. With an independent insurance broker, you can rest easy knowing you have the right amount of insurance – not too little, not too much – and the most important coverages for your business.

 

 

Closing

 

At S2S Specialists, we are here to make your life easier and guide you through the intricacies of properly insuring your business. Please contact us so we may examine your current policies, help you understand what is and is not covered, and adjust your policy, as needed. As we turn the page to a new year, gain peace of mind knowing you (personally) and your business are fully protected.

Elevate Your Grind Podcast: Eric and David Rahn, S2S Insurance Specialists

A graduate of Babson College School of Entrepreneurial Studies. Eric Rahn is an insurance broker specializing in hard to place coverages for domestic and multi-national companies. Eric has held many executive positions in regulated industries including the maritime and casino industries prior to becoming an insurance broker. He transitioned is knowledge of corporate business practices into becoming a top insurance producer by working with C-Suite executives on evaluating risk.

David Rahn is S2S Insurance Specialists’ business development and professional relationships associate, promoting insurance access opportunities for clients in the marijuana industry. David is responsible for connecting new and potential clients in the marijuana industry through traditional and digital channels. David received his degree in Advertising and Public Relations from Lynn University and has worked on coordinating and developed digital marketing strategies for Subway Restaurants, Lynn University, Saks 5th Avenue as well as other campaigns for various associations, non-profit organizations, and other businesses.

S2S offers a myriad of options when it comes to contacting one of our Experience of Brokers:

Schedule a call with us and confirm it with our S2S calendar here:

https://calendly.com/s2sinsure/15min

Call us Directly at (954)790-6604 or go to our website: www.s2sinsure.com

Email us directly: David Rahn- david@s2sinsure.com   Eric Rahn- eric@s2sinsure.com

Follow Our Social Media Channels:

Twitter: @S2Sinsure       Leafwire: https://www.leafwire.com/profile/company/5bad2c8a6fa15f7c2350b04c

LinkedIn: https://www.linkedin.com/company/s2s-insurance-specialists/    Facebook: https://www.facebook.com/S2Sinsure/

 

 

 

Trending Topic: Another Day, Another Lawsuit Against Cannabis Companies Here’s Why D&O Coverage Needs to Be Your Top Priority for 2021

Cannabis and hemp businesses – large and small – are increasingly becoming prime targets for litigation. There have been a slew of lawsuits filed recently by shareholders of cannabis companies, including Aurora Cannabis Inc., Medmen Enterprises, Canopy Growth, CannTrust Holdings, Aphria Inc. and Columbia Care, to name just a few. The only way to protect executives of your business from being personally liable is with Directors & Officer’s (D&O) Insurance. Here’s what a D&O policy covers and why it should be your top priority for 2021.

Industry experts expect a 50% spike in lawsuits as cannabis companies face heightened risks. Investors who wanted a piece of our explosive industry poured money into cannabis businesses. Not all companies delivered on their big promises. The coronavirus pandemic, rising costs and slower-than-expected demand caused some companies to – knowingly or unknowingly – overstate revenue and make misleading forecasts. Aurora, for example, allegedly did not inform shareholders it was planning to halt construction at one of its facilities, suggesting a decline in its business, and now it is embroiled in a multi-million dollar class action lawsuit.

 

One lawsuit can fold your business and put your personal assets at risk. Disgruntled shareholders alleging fraud and misinformation are seeking to recover significant damages – half-a-million dollars in the case of Canopy Growth. The only way to shield corporate officers from personal liability for negligence or misconduct is with D&O Insurance.

 

D&O coverage is often the most overlooked coverage because many cannabis and hemp businesses are small or independently run, and no one foresees the potential for operational failures and mismanagement. However, with all the risks cannabis companies face everyday, D&O should be a top priority in 2021 as one expensive lawsuit can put a company out of business. More frequently, we’re seeing prospective investors and board members requiring D&O insurance prior to engaging with a company in order to ensure adequate protection in the event of litigation. With proper D&O coverage, your company’s executives will be protected and your insurance will pay for legal damages and fees.

 

Finding an insurance carrier to provide you with D&O insurance can a challenge. Most major insurers do not offer cannabis D&O policies because cannabis is not legal under U.S. federal law. S2S Insurance Specialists insures the most difficult risks facing your company and is a leading provider of D&O Insurance. To learn more about how we can protect you and your business, call David Rahn at (954) 790-6604, schedule a free assessment online at www.s2sinsure.com or email david@s2sinsure.com.

 

S2S offers a myriad of options when it comes to contacting one of our Experience of Brokers:

Schedule a call with us and confirm it with our S2S calendar here:

https://calendly.com/s2sinsure/15min

Call us Directly at (954)790-6604 or go to our website: www.s2sinsure.com

Email us directly: David Rahn- david@s2sinsure.com   Eric Rahn- eric@s2sinsure.com

Follow Our Social Media Channels:

Twitter: @S2Sinsure       Leafwire: https://www.leafwire.com/profile/company/5bad2c8a6fa15f7c2350b04c

LinkedIn: https://www.linkedin.com/company/s2s-insurance-specialists/    Facebook: https://www.facebook.com/S2Sinsure/

 

 

 

The Cannabis Industry’s Growing Threat: Hackers and Cyber Fraud Is Your Cannabis Company Prepared & Protected?

Experian’s “Data Breach Industry Forecast” for 2020 predicted that emerging industries, namely cannabis, would increasingly become prime targets for cyberattacks and, so far, their predictions ring true. This year, our industry was the subject of several high-profile incidents, including the US Securities and Exchange Commission charging two men who allegedly used a fake cannabis company as a front for an online Ponzi scheme; the hack of a dispensary point-of-sale system that exposed the personal data of more than 30,000 people; and yet another hack of a widely used medical marijuana tracking software that left over 1,000 marijuana dispensaries unable to track their sales and inventories – forcing some of the victims to have no choice but to close up shop.

 

With the increasing threats of cyber crimes, many cannabis businesses are finding themselves in uncharted territory. The impact of a cyberattack or data breach can have a costly and detrimental impact on your operations. At S2S Specialists, we are here to guide you through the intricacies of properly insuring your business. Below, we discuss why Cyber Defense & Data Breach Insurance is critical and how it will protect you:

 

Seed-to-Sale Tracking and Identification Requirements Make Cannabis Companies Easy Prey For Hackers

Any business that collects personal data could face substantial liability in the event of a breach; however, the cannabis industry faces even more risk because of the amount of propriety information dispensaries and other cannabis businesses are required to collect. Online cannabis retailers are particularly vulnerable given their access to vast amounts of personal credit card information.

 

Furthermore, technology is heavily integrated into most cannabis businesses. For instance, many growers are required to keep accurate records of their inventory by state law and testing labs accumulate large amounts of sensitive product data through seed-to-sale platforms.

 

Given these risks, coupled with the fact that this is a rapidly growing industry operating in an uncertain regulatory environment, the unfortunate reality is that cannabis businesses are considered prime targets for cybercrime. One thing is for certain: data is becoming increasingly valuable.

 

How Cyber Defense & Data Breach Insurance Can Protect You and Your Business

 

Cyber Defense & Data Breach Insurance protects business owners from legal liability resulting from any type of breach, whether the information is leaked electronically or by some other means.

 

Cyber crimes can harm your business in numerous ways. For example, a cyberattack can interrupt the business’ normal operations, which would be considered a “first-party” loss. In the case of a data breach resulting in the disclosure of a third party’s private information, the third party could sue your business.  The SEC could also find your company negligent in cyber fraud cases and impose significant fines. Without Cyber Defense & Data Breach Insurance, your business could be solely responsible for expensive legal bills, significant revenue losses and hefty fines and penalties from regulators.

 

Many business owners are not aware that Cyber Defense & Data Breach Insurance isn’t automatically bundled into a Cannabis Insurance Policy, and thus, when they experience a loss due to a hack or data breach, they are not covered. It is important to reach out to your Insurance Specialist to discuss your needs and options.

 

 

In Summary

 

As cyberattacks become more sophisticated, Cyber Defense & Data Breach Insurance is a must-have coverage to protect your business from crippling losses. With the rapid pace of our evolving industry, many cannabis-related businesses are – understandably – not focused on having adequate insurance. Or, if they are, they generally focus on the more “obvious” coverages, such as property or product liability insurance. However, cyber fraud is a very real and costly risk that needs to be addressed. Even the smallest of cannabis businesses are vulnerable to cyber crimes and data breaches because they are part of a larger interconnected network of seed-to-sale vendors.

 

Do not wait until a cyberattack occurs before asking, “Am I covered?”  S2S Insurance Specialists can help you understand the cyber security risks of your cannabis or hemp company, review your policies and provide important coverages tailored to your specific needs.

 

S2S offers a myriad of options when it comes to contacting one of our Experience of Brokers:

Schedule a call with us and confirm it with our S2S calendar here:

https://calendly.com/s2sinsure/15min

Call us Directly at (954)790-6604 or go to our website: www.s2sinsure.com

Email us directly: David Rahn- david@s2sinsure.com   Eric Rahn- eric@s2sinsure.com

Follow Our Social Media Channels:

Twitter: @S2Sinsure       Leafwire: https://www.leafwire.com/profile/company/5bad2c8a6fa15f7c2350b04c

LinkedIn: https://www.linkedin.com/company/s2s-insurance-specialists/    Facebook: https://www.facebook.com/S2Sinsure/

 

 

 

Is Your Hemp Business Properly Covered?

Many Hemp businesses are finding out the hard way that they don’t have the right coverage. Below summarizes the policies you need, depending on where you operate in the Hemp Supply Chain.   Contrary to popular belief, the 2018 Farm Bill did not free hemp businesses from volatility and risk. Given the complex state-federal regulatory regime for […]