Tag Archives: Owners

Business Professionals in Maine Call for Better Marijuana Regulation

Business Professionals in Maine Call for Better Marijuana Regulation

Business Professionals in Maine Call for Better Marijuana Regulation

A group of professionals from Maine’s business community have come together to call for better regulation of the state’s marijuana industry.

Owners and Insurance

Owners Can’t Be Too Careful When Insuring Marijuana Businesses

Business owners were hit with a surprise in 2015 when Lloyd’s of London—one of the largest insurers in the cannabis industry—announced it was backing away from the business. It cited regulatory uncertainty and the high risk nature of the business.

Lloyd's of London

Lloyd’s of London Takes Back Vote of Cannabis Confidence

On May 29, 2015, Marijuana Business Daily reported that it had viewed a memo from insurance behemoth Lloyd’s of London, wherein it directs its underwriters not to write or renew existing policies to cannabis-based companies until the plant is legal on the federal level.


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