What’s my Risk in Operating a Cannabis Business

February 1, 2019 | 2:40 pm | Room 2 | Business / Legal

Transitioning from an unregulated industry to a regulated industry has some unique risks and exposures. The purpose of this seminar is to educate Plant Touching Businesses (Cultivator, Manufacture / Processors, Dispensary, Testing Laboratory, and Transportation) on the risks and exposures of managing a State Regulated Cannabis business.  

While every business has its own unique risks and exposures, the Cannabis industry has a few more than usual, starting with the obvious of it is a schedule 1 drug that is federally illegal; to the problem of individual State are issuing so many cultivator licenses that there is becoming an oversupply of legal product is most states and the price per pound is dropping dramatically.  

This seminar is designed for the business owners, partners, managers, senior level employees, Board members, Investors or anyone that is involved in the day to day operation of running a plant touching business to gain a better understanding of the challenges that their business will face and some of the ways to deal with these unique risks and exposures.



Larry Harb, CEO & Founder, 420 Friendly Insurance offered by IT Risk Managers, Inc.

Mr. Harb is the founder and CEO of 420 Friendly Insurance, offered by IT Risk Managers, Inc. Started in 2000, IT Risk Managers, Inc. is a national niche insurance broker that provides insurance products and risk management solutions for niche’ industries, such as Cannabis.