First surety bond program for cannabis industry approved by insurance commissioner

Greenpoint Insurance Advisors, LLC
Posted at 2/21/2018

FOR IMMEDIATE RELEASE:
  February 21, 2018 (#021)

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SACRAMENTO, Calif. — Insurance Commissioner Dave Jones announced today he has approved the first surety bond program for the cannabis industry in the State of California. Continental Heritage Insurance Company is the first insurer in the state to be approved to offer surety bonds for the cannabis industry.

“Cannabis businesses should have insurance coverage available to them just like any other Califor...more

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