EGFS’ first-ever panel event for cannabis entrepreneurs attracted 100 participants. The speakers were: Ambere St. Denis of Crimson Business Insurance; David Ehrenberg, CEO of EGFS; David Kram, Founder and CEO, Relieve; Evan Horowitz, Cofounder of Weed Club; Brian Holmes, Managing Director at First Ascent Associates; Tucker Cottingham, Attorney at Bend Law Group; and moderator Gina Cooper, CEO of Cooper Strategies. I cover the highlights below. Also stay tuned for the video of the session on an upcoming episode of ABC Family’s Startup U: What cannabis businesses need to know about getting insurance: Carriers exclude many types of coverage and apply strict definitions to events that are covered. For example, armed robbery is a big risk for cannabis companies, but insurers typically exclude it from coverage. In the same vein, be sure you know what the difference is in your insurer’s definition of robbery versus burglary. And beware of not conforming …
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