Report Reveals Potential $1B Insurance Gap in Legal Cannabis Industry

Glass jar full of Cannabis Sativa for sale at a market stall.

New Dawn Risk Group Limited’s white paper analyzes insurance coverage for the legal cannabis, CBD and hemp markets in the United States. The report: “Understanding and opening up the US cannabis insurance market”, exposes both the potential premiums and the size of the insurance gap for cannabis-related products in the U.S. Headline statistics include: In… Continue reading Report Reveals Potential $1B Insurance Gap in Legal Cannabis Industry

USDA Announces Details of Risk Management Programs for Hemp Producers

Marijuana CBD hemp plants field in sunrise

The U.S. Department of Agriculture (USDA) announced the availability of two programs that protect hemp producers’ crops from natural disasters. A pilot hemp insurance program through Multi-Peril Crop Insurance (MPCI) provides coverage against loss of yield because of insurable causes of loss for hemp grown for fiber, grain or Cannabidiol (CBD) oil and the Noninsured… Continue reading USDA Announces Details of Risk Management Programs for Hemp Producers