When a group of talented and bright individuals comes together from all aspects of business to accomplish a shared directive, it’s truly one of the best experiences any corporate professional can be a part of.
This was the atmosphere of collective progress exhibited last week at the 2017 California Cannabis Business Conference, put on by the California Cannabis Industry Association and the National Cannabis Industry Association.National Cannabis Industry Association.
The event got into full swing early, as keynote speakers Lori Ajax and David Jones took to the podium to cover all aspects and inquiries related to the industry, with Insurance Coverage visibly being one of the primary topics.
Lori Ajax, the first Chief of the newly founded Bureau of Medical Cannabis Regulation, spared no expense in facilitating every industry’s needs and fielding questions from laws and regulations, to how to obtain a legal license to operate in the state of California for new business owners.
Commissioner of Insurance David Jones spoke next, covering the widely known yet underutilized aspect of having your business and assets properly insured. After the conclusion of their speeches, many industry owners and representatives headed downstairs to contact one of the many insurance brokers and carriers present at the event.
Being the largest national broker present at the event, Brown and Brown sent a team of three seasoned insurance brokers to ascertain what needs could our team help meet for these businessmen and women. From direct distributors to retail vendors, to a young man who had just bought his first acre of land to start his own outdoor cultivation plant, Brown and Brown was there every step of the way, providing a wide background of insurance products and services.
The best part of this convention was that the expo floor was not limited to strictly business owners and insurance representatives.
Research Centers, science facilities, and multiple colleges were present to provide theories from crop sustainment and longevity, to methods of increasing manufacturing productivity. Financial advisors and legal representatives specializing in working within the Cannabis industry attended to lend a seasoned ear to questions from potential new business owners and companies who had grown outside their current market. Mass-market delivery systems and cannabis vending services shared new ways patients can receive their product more easily and safely than ever before. Finally, throughout the entirety of the convention, expert panels in a second auditorium gave business testimonials and shared years of wisdom with their peers and colleagues.
A highlight of the speaker panel was Chris Coulombe, CEO of Pacific Expeditors Distribution, who spoke during a product liability seminar. This Army and Marine Corps Veteran has successfully set up his company to provide safe, reliable, and regulated distribution methods for within the Cannabis industry, and freely shared his years of experience with all attendees.
The final feelings leaving the Expo were of success spent with like-minded individuals who have a goal to see an industry flourish for everyone who is a part of it. There is no doubt in my mind that 2018 will be the best year for the Cannabis Industry, and Brown and Brown Insurance is set to play a helpful part any way we can.
Let us pass our recently gained knowledge onto you! Contact us today to discuss your insurance options.