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Association captive offers cannabis operators protection



Cannabis dispensaries and associated facilities can obtain property, public premises and product liability through TrichomeTM, the insurance brand for the association owned by the National Cannabis Risk Management Association, the group said on Thursday. immediately, and further lines of vertical coverage and progress are planned later this year, the association said.

Rocco Petrilli, President of the NCRMA, stated: “We believe that effective risk management practices are necessary to relocate cannabis.

The launch of TrichomeTM, he said, "is a direct response to our members' stated need for reasonably priced and risk management-based insurance coverage for a rapidly emerging and evolving industry." [1

9659002] Mr. Petrilli said the model captured will help "successfully create a path to insurance sustainability and enable cannabis companies to move forward with growth in a safe and responsible way."

The National Cannabis Risk Management Association was founded in 2018 to provide risk management services to the cannabis market through training, support and expertise.

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