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Health, Medicine, Nursing
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Topic:
Emerging Cannabis Insurance Options
Essay Instructions:
INTRODUCTION
This week we are continuing our look at insurance and risk mitigation. Begin by watching the video. The video below is from Cannabis & Hemp Conference: Cannabis Insurance Producers-Emerging Cannabis Insurance Options and provides a lot of useful information.
https://www(dot)youtube(dot)com/watch?v=9bsIxydYR2sLinks to an external site.
INSTRUCTIONS
For your discussion this week.
What did you take away from this video?
What were some of the emerging trends that they identified?
This video was from 2021, what other trends can you add to what they identified?
Essay Sample Content Preview:
Emerging Cannabis Insurance Options
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Emerging Cannabis Insurance Options
“What did you take away from this video?”
The video “2021 Cannabis & Hemp Conference: Cannabis Insurance Products – Emerging Cannabis Insurance Options” by Business Insurance is very informative. The primary things I have learned from it are that setting up a cannabis operation requires insurance coverage for various risks that might occur and that indoor cannabis cultivation is easier to get insurance coverage than outdoor farming (Business Insurance, 2021). Additionally, cannabis insurance underwriters face several challenges when it comes to regulating the consumption of this product. Some of the common risks covered by insurance for indoor cultivation include fire, theft, and damage to the product.
“What were some of the emerging trends that they identified?”
Notably, the video i...
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