Episode

EP 209: Risk Management for Cannabis: It's Not Just About Insurance

Podcast
The Cannabis Accounting Podcast
Published
May 11, 2026
Duration seconds
2444
Processing state
not_requested
Canonical source
https://podcasters.spotify.com/pod/show/dopecfo/episodes/EP-209-Risk-Management-for-Cannabis-Its-Not-Just-About-Insurance-e3j6e02
Audio
https://anchor.fm/s/97e26c0/podcast/play/119797186/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-11%2F423894792-44100-2-767822acfea26.m4a
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/v1/public/podcasts/the-cannabis-accounting-podcast-1164143/episodes/ep-209-risk-management-for-cannabis-it-s-not-just-about-insurance
Markdown
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Summary

In this episode of the Cannabis Accounting Podcast, host Raymond Guns sits down with Griffin Basden, Senior Client Manager at AlphaRoot, a cannabis-specific insurance retailer. Griffin has one simple warning: your insurance policy might not actually cover you. Cannabis operators are paying for policies with cannabis exclusions buried in the fine print. And most don't find out until they file a claim and get denied. Griffin breaks down the difference between retail brokers, wholesale brokers, carriers, and reinsurance companies. She explains why some policies require secondary wholesalers and why claims get handled by third-party administrators you've never heard of. She talks about: 🚨 The cannabis exclusion hiding in your policy right now 🏢 Why brokers exist and who actually pays your claim ⚠️ Why safeguards matter and how they determine whether claims get paid. 🗺️ State-by-state coverage and why interstate commerce doesn't exist yet 🔍 Free coverage reviews and what to look for Hit subscribe for more deep dives on cannabis business, finance, and strategy. 🌱 👉🏻 Connect with Griffin Basden: https://www.linkedin.com/in/graebasden/