Schedule III May Expand Cannabis Research Access—but Structural Barriers Remain While the move to place marijuana under Schedule III is widely viewed as a step...
In today’s litigious business environment, protecting your company against financial loss from lawsuits is more important than ever. While primary liability insurance forms the foundation...
Understanding Excess Liability Insurance and Its Importance for Cannabis Businesses Excess liability insurance is a critical risk-management tool for businesses seeking protection against high-severity financial...
2025 California Fire Safety Code Updates Every Contractor Must Know: Preparing for a Safer, More Resilient Future As California continues to face unprecedented wildfire risks...
As industrial and logistics operations continue to grow in scale and complexity, the importance of safety in yard operations has never been higher. Warehouses, distribution...
What Is Captive Insurance and How Does It Work for Businesses Seeking Greater Control Over Risk? Captive insurance is a specialised form of self-insurance that...
Creating a safe workplace isn’t just about compliance—it’s about protecting people, sustaining productivity, and building trust across the organization. Whether employees work in offices, warehouses,...
Wildfire Risk Reduction Becomes Critical for Cannabis Utilities as 2025 Approaches As wildfires become increasingly frequent and severe, cannabis utilities across North America are facing...
As the cannabis industry expands now surpassing tens of billions in annual sales operators are facing growing financial, regulatory, and operational risks. Yet in one...
Key Benefits of Joining a Cannabis Group Captive: How Operators Gain Coverage, Stability, and Credibility As the cannabis industry continues to grow and evolve, operators...
How Leading Cannabis Brands Excel at Advertising and Marketing Through Search, Storytelling, and Owned Channels In an industry heavily restricted from traditional advertising channels, cannabis...
Proper training not only ensures compliance with complex regulations but also fosters a safer, more professional, and more productive workforce. Here are ten key reasons...
Why Third Party Compliance Audits Matter in the Cannabis Industry: Protecting Your Business, Reputation, and Bottom Line The cannabis industry continues to experience rapid growth,...
Captives Driving Security and Stability for Cannabis Operators: How Risk Management Solutions Are Strengthening the Industry The cannabis industry continues to expand rapidly across the...
Why Safety Can’t Be an Afterthought After a Cannabis Acquisition: Protecting Employees, Consumers, and Business Value Cannabis mergers and acquisitions have surged in recent years...
Protecting Your Cannabis Company: 7 Cybersecurity Steps to Safeguard Your Business and Data As the cannabis industry grows, so do the cyber risks facing operators,...
Exploring the Types of Captive Insurance and How Cannabis Companies Can Leverage Them for Risk Management Cannabis companies operate in a uniquely challenging insurance environment....
How the Cannabis Risk Management Framework Protects Your Business: A Comprehensive Guide for Operators The cannabis industry is expanding rapidly, presenting tremendous opportunities for operators...
Does Your Cannabis Company Have a Mental Health Advocate? Why Employee Wellbeing Is Becoming a Priority in the Cannabis Industry The cannabis industry has grown...
Reducing Workplace Injuries in Cannabis Operations with Automation: How Technology Can Protect Employees and Boost Efficiency As the cannabis industry continues to expand across the...
The U.S. cannabis industry continued to contract in the third quarter of 2025, driven primarily by a steep decline in cultivation licenses, according to licensing...
Schedule III May Expand Cannabis Research Access—but Structural Barriers Remain While the move to place marijuana under Schedule III is widely viewed as a step...
A campaign seeking to place marijuana legalization on Florida’s 2026 ballot has launched another legal challenge, accusing state officials of improperly rejecting tens of thousands...
Arizona Ballot Initiative Seeks to Eliminate Adult-Use Cannabis Sales While Preserving Personal Use A newly filed ballot initiative in Arizona could significantly alter the state’s...
In today’s litigious business environment, protecting your company against financial loss from lawsuits is more important than ever. While primary liability insurance forms the foundation...
Florida Lawmakers Propose Bills to Cut Medical Marijuana Fees for Veterans and Restrict Public Smoking Florida legislators have filed new proposals for the 2026 session...
Trump Administration Announces Medicare Pilot Program to Cover CBD for Seniors With Chronic Pain The Trump administration has announced plans for a Medicare pilot program...
Understanding Excess Liability Insurance and Its Importance for Cannabis Businesses Excess liability insurance is a critical risk-management tool for businesses seeking protection against high-severity financial...
Emerging Fire Safety Trends for 2025: Innovations That Are Redefining Prevention, Response, and Resilience As urbanization accelerates and climate change exacerbates the risk of wildfires...
Ohio Activists Launch Referendum Effort to Block Rollback of Voter Approved Marijuana Law and Hemp Restrictions Ohio cannabis reform advocates are mobilizing to halt a...
As industrial and logistics operations continue to grow in scale and complexity, the importance of safety in yard operations has never been higher. Warehouses, distribution...
2025 California Fire Safety Code Updates Every Contractor Must Know: Preparing for a Safer, More Resilient Future As California continues to face unprecedented wildfire risks...
Maine Ballot Initiative Approved to Repeal Adult Use Cannabis Industry While Imposing New Medical Cannabis Rules Maine Election Officials Clear Ballot Initiative Aimed at Ending...
Connecticut Cannabis Prices Continue to Fall, but Sales Fail to Rebound Adult Use Cannabis Prices Decline in Connecticut’s Limited-License Market Connecticut adult use cannabis prices...
Cannabis E-Commerce Brings the Industry One Step Closer to a Mainstream Shopping Experience From Strain Reviews to Same Day Pickup, Cannabis Shopping Starts to Feel...
What Is Captive Insurance and How Does It Work for Businesses Seeking Greater Control Over Risk? Captive insurance is a specialised form of self-insurance that...
Creating a safe workplace isn’t just about compliance—it’s about protecting people, sustaining productivity, and building trust across the organization. Whether employees work in offices, warehouses,...
Artificial Intelligence May Revolutionize Cannabis Breeding by Designing Strains Before Planting A new study suggests that marijuana breeders could dramatically shorten breeding cycles and improve...
Kentucky’s First Licensed Medical Marijuana Dispensary Set to Open This Weekend, Governor Warns Supplies Will Be Limited Kentucky is officially entering the medical cannabis market...
Ohio Hemp Industry Faces Potential Shutdown as Senate Bill 56 Heads to Governor’s Desk Ohioans in the intoxicating hemp industry are sounding alarms over Senate...
New Report Shows Drug Prohibition Is a Major Driver of the Climate Crisis, Advocates Say A groundbreaking report by international researchers and policy experts argues...
Richmond-Based Bingo Beer Enters Hemp-Derived THC Market With THC Seltzers Amid Growing National Trend Richmond-based Bingo Beer officially joined the rapidly expanding market for hemp-derived...
Understanding Benefits Captives: How Employers Can Take Control of Their Health and Benefits Programs In the evolving landscape of employee benefits, organizations are seeking innovative...
President Trump Could Soon Direct Federal Agencies to Reclassify Cannabis, Echoing Biden-Era Rescheduling Efforts President Donald Trump may be preparing to issue an executive order...
Understanding Captive Insurance and Reinsurance: How Cannabis Businesses Can Manage Risk Effectively Cannabis operators face a unique set of financial and operational risks. From compliance...
The cannabis beverage category has entered a new era. Once primarily sold through licensed dispensaries, THC-infused beverages can now be legally served in bars, taprooms,...
Understanding the Cannabis Industry’s Unique Risk Landscape The legal cannabis industry has matured rapidly over the past decade, evolving from a patchwork of small startups...
How Elite Cannabis Operators Are Saving Millions: The HISIG Revolution in Workers’ Compensation The Hidden Financial Lever: Strategic Workers’ Comp Management In the highly regulated,...
Bryan and Kellan are curious learners, who explore the creative strategies of entrepreneurs pioneering the cannabis industry, projected to reach…
Cannabis MSOs, Products & Market Analysis. A laid-back, data-backed discussion on the cannabis market with notable industry leaders.
Advancing the culture since the early 90s, Adam founded Hemp Works, T.H. Seeds, and Hemp HoodLamb clothing in Amsterdam before…
Welcome to Cannabis Risk Manager, your premier destination for concise, insightful cannabis news, risk management strategies, and industry information. Cannabis Risk Manager brings together a love for the cannabis plant with profound know-how in managing risk. We built this site to be a refuge for operators wanting the real deal on products, services, and fixes for whatever’s causing them headaches.
But we’re more than just a place to get info – we’re dedicated to empowering and lifting up every cannabis entrepreneur out there trying to make their dreams happen. So, if there is something you want to learn about, let us know, and we will do the research for you and share the content for everyone to learn from.
Know moreFrequently asked question (FAQ) to find answers.
Cannabis businesses face several major risks, including regulatory noncompliance, product safety issues, theft and security threats, limited access to banking services, and financial volatility. These risks are heightened by frequent regulatory changes and inconsistent enforcement across jurisdictions.
Cannabis regulations vary widely at the federal, state, and local levels and are subject to frequent updates. Failure to comply can result in fines, license suspensions, product recalls, or business closures, making compliance a core operational priority.
Businesses can reduce product-related risks by implementing strong quality assurance programs, including regular lab testing for contaminants, accurate potency verification, and compliant labeling and packaging practices. Consistency and transparency are key to maintaining consumer trust and regulatory approval.
Due to the high value of cannabis products and frequent cash transactions, cannabis businesses are at elevated risk for theft, diversion, and internal losses. Security risks can be mitigated through surveillance systems, access controls, alarm systems, and routine security audits.
Limited access to traditional banking, high tax burdens, and fluctuating market prices create financial instability for many cannabis businesses. Strong cash-flow management, conservative financial planning, and working with cannabis-experienced financial professionals can help reduce these risks.
A cannabis compliance program is a structured set of policies, procedures, and controls designed to ensure adherence to applicable laws and regulations. It typically includes licensing oversight, recordkeeping, employee training, internal audits, and regulatory monitoring.
Employees play a critical role in day-to-day compliance and safety. Regular training helps staff understand regulatory requirements, follow security protocols, handle products safely, and identify potential risks before they escalate.
Cannabis businesses often need specialized insurance coverage, including general liability, product liability, property insurance, workers’ compensation, Commercial Auto (Owned and Non-Owned), EPLI ( Employement Liability) , D&O (Directors and Officers), cyber liability, and excess liability insurance. Coverage should be tailored to the business’s size, operations, and risk exposure.
Risk assessments should be conducted at least annually and whenever there are significant changes to operations, regulations, or market conditions. Regular assessments help businesses identify emerging risks and adjust mitigation strategies proactively.
Yes. Demonstrating strong risk management practices—including compliance programs, insurance coverage, and financial controls—signals operational maturity and can improve credibility with investors, lenders, and strategic partners.
Proactive risk management helps protect assets, reduce legal and financial exposure, strengthen regulatory relationships, and support sustainable growth. In a highly regulated and competitive industry, it is essential for long-term stability and success.
Subscribe to Our Newsletter Today!
