Despite the fact that the American hashish trade turned a multi-billion-dollar trade years in the past, a good variety of insurance coverage corporations are nonetheless hesitant to work with hashish companies. Whether or not it’s because of the federally prohibited standing surrounding hashish or sure inner insurance policies among the many bigger insurance coverage suppliers that dictate which dangers might be insured, the method of discovering a high quality and dependable insurance coverage supplier for licensed hashish companies could be fairly arduous.
Particularly with the multimillion-dollar cultivation and manufacturing operation setups and subsequent wholesale transactions which might be equally profitable and expensive, having devoted and thorough insurance coverage insurance policies in place is now past necessity.
Fortunately for these hashish companies, Guardians of Ganja is a top-tier insurance coverage company with a memorable title whose operations and strong insurance policies are created and tailor-made particularly to the very vital and exact necessities of these hashish companies.
“Among the best issues about hashish is its potential to free your thoughts from the constraints of life,” says Jason Ascheman, co-owner of the company solely targeted on the hashish trade. “After some analysis, we discovered the trade was grossly underserved. Guardians of Ganja began with the will to search out one thing nobody else was doing, one thing that was equally distinctive, difficult and one thing that we wholeheartedly consider in.”
The company’s main location of Billings, Montana, is actually a preferable one from each a hashish and agricultural standpoint. The state legalized adult-use hashish again in 2020 (for a second time) and has had a vibrant adult-use marketplace for nicely over 3 years, surpassing $1 billion in complete gross sales on the finish of 2024. Equally, the state’s agricultural trade is nothing wanting huge, being a significant producer of cattle and a number of other kinds of wheat.
A Specialty Hashish Insurance coverage Firm
Previous to getting into the insurance coverage trade, Guardians of Ganja’s second co-owner, Dalton Knutson, held a wide range of attention-grabbing and honorable positions, together with every thing from promoting photo voltaic panels to bravely serving as a firefighter. Sadly, his prognosis of Crohn’s Illness from his childhood worsened, and after main surgical procedure, he needed to resign from his position as a firefighter.
“However it was after this that my perception in hashish turned stronger, the extra I experimented with completely different therapy strategies,” Knutson says. “It turned one thing I wholeheartedly believed in and supported.”
Knutson quickly teamed up with Ascheman, who has over 8 years of expertise within the insurance coverage trade. Whereas they each share a ardour for the plant, Ascheman’s hands-on insurance coverage expertise mixed with Knutson’s entrepreneurial and service-oriented nature gave them an edge. “We each realized the market was underserved,” Knutson explains, expressing how they really have a want to assist cannabis-related corporations shield what they’ve constructed.
With the intelligent tagline of “Overlaying Your Grass for a Greener Tomorrow”, the companies provided by Guardians of Ganja embrace insurance policies which were uniquely designed for each completely different plant-touching sector of the hashish trade, together with ancillary companies—every thing from cultivation to manufacturing to retail to important testing labs, even Lessors Danger insurance policies for landlords with hashish exposures. From the intricacies and detailed protection choices offered by their insurance policies, it’s clear that the staff at Guardians of Ganja has a number of years of expertise working straight on this nascent but closely regulated trade.
With legal responsibility coverages alone, so many widespread circumstances and conditions that come up in compliant hashish operations could be insured. A full spectrum of companies is obtainable, from common legal responsibility to product legal responsibility and the very essential skilled legal responsibility.
What’s Lined by Guardians of Ganja
Another very worthwhile sectors of profitable hashish operations lined by way of Guardian of Ganja’s insurance policies are product deliveries of all varieties, in addition to the transportation automobiles themselves. All sorts of deliveries, from particular person dwelling deliveries to large-scale deliveries, from cultivation amenities to dispensaries. Given how closely monitored and documented each single hashish supply is through platforms like METRC by state regulators, no matter dimension, the Guardians of Ganja staff ensures that each ingredient of the supply course of is diligently insured is of utmost significance.
Even crop insurance coverage—a significant safeguard that protects farmers’ investments from surprising disasters—is obtainable by way of Guardians of Ganja. Each single stage within the cultivation course of is roofed, from vegetation and harvest to the pivotal drying and curing phases.
“We pleasure ourselves in creating private connections and relationships with our shoppers to not solely be their agent, however a trusted confidant and companion that has their greatest curiosity at coronary heart,” Knutson says with pleasure.
Because the American hashish trade evolves and expands at a extra speedy tempo than simply about some other trade, the skilled staff at Guardians of Ganja is dedicated to staying updated on all these fixed modifications.
“Together with this, we’re repeatedly educating ourselves on the intricacies of the trade to make sure our suggestions are well-informed and knowledge-based. It’s our perception that placing the wants of the shoppers over anything is all the time a win ultimately,” Knutson explains. “To sum issues up, GOG means a lot extra than simply insurance coverage. It’s actual folks with actual experiences with hashish that wish to genuinely make a distinction each personally and business-wise.”
