Takeaways from Our Conversation on Cannabis Supply Chain Risks – Insurance Journal

Everyone knows about supply chain management nowadays.

To envision a basic cannabis supply chain, one only has to look at how harvested flower gets turned into all sorts of goods: pre-roll, oils, tinctures, extracts, edibles.

“So, they’re already having a challenge of trying to keep up existing manufacturing due to the pandemic, but we’re seeing rapid growth at the same time, right?,” Nguyen said.

“So we saw this operator in particular suffer a major blow to their vertically integrated operations because of a cultivation fire at their primary growth site,” Johnson said.” So for, I believe it was a little over a year, that site had to be repaired, updated, upgraded.

Alot of people just request a , but a COI is a very shallow means of seeing the insurance program that someone has.

A lot of our customers have, 15, 20 different locations, whether it be a combination of dispensaries and farms or it’s all farms and manufacturing.

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