Over the last several years, the CBD industry has really taken off — which has led to an increased need for insurance products for CBD manufacturers and retailers. But while CBD and THC are the most well-known cannabinoids, other compounds such as CBG and CBN are starting to get more attention. […]

Like most sectors of the economy, COVID-19 is having a major impact on the health, nutrition, and lifestyle industry. And that is impacting insurance needs as well. Here are a few of the things we’re seeing at Admiral, and doing to adjust to the new reality:

You’ve probably heard a lot about superfoods. From acai berries to kale, hemp hearts and sesame seeds, the term “superfood” is used to describe foods that are packed with nutrients that are good for your body. These are usually fresh fruits and vegetables, seeds, and spices, but also can also […]

As the cannabis industry continues to grow rapidly across the country, so is the need for a comprehensive cannabis insurance program to meet customer demands. Whether you have an established client looking to expand and build a multi-state operation or are helping a new client navigate through the […]

With COVID-19 causing economic uncertainty in every sector of the economy, staying on top of industry trends is more important than ever. In our most recent webinar, Emerging Risks and Enhanced Coverages for the Cannabis Industry for the Cannabis Industry, we covered: The impact COVID-19 is having […]

When a company considers purchasing cyber insurance, they often consider the likelihood and financial impact they would incur in responding to a breach of confidential information (e.g. credit card numbers, healthcare records, etc.). Often times the conversation ends here and a company declines […]

As more states legalize medical and recreational marijuana, and healthcare providers approve medical marijuana use for a broader range of conditions, the demand for cannabis continues to grow rapidly. In 2019, marijuana dispensary revenue grew 23%, making it the sixth-fastest growing sector in the […]

Consumer sales of CBD oil in the United States is expected to top $1 billion in 2020, representing a 1000% increase in just the last five years.  By 2025, the total value of the CBD market is estimated to be $15 to $20 billion.  With such rapidly increasing demand for CBD oil, many new players are […]

From restaurants and bars to brewers and bowling alleys, alcohol is big business.  In 2018, the American Beverage Licensees Industry Association study found that from bars to package stores, the alcohol serving industry accounts for more than $360 billion in economic impact annually.  What's more, […]

The legalization of medical and recreational marijuana continues to expand across the United States, creating incredible new opportunities for not only cannabis retailers, growers, and manufacturers, but also for existing businesses looking to expand from medical into the recreational space.