“Big misconception is that you need multiple brokers to create transparency and get multiple quotes. This is not the case and invoking many brokers most times make it more challenging for the insured.” In this episode, we uncover the nuances and myths in insuring cannabis-related businesses with Eric Schneider, co-founder of AlphaRoot – a full service insurance brokerage that focuses exclusively in the cannabis, hemp, and CBD space. Some major highlights: Different kinds of insurance coverages and what makes the most sense for your businessChallenges in cannabis insuranceHow the AlphaRoot app enhances the customer experienceDisruption and the effects of compliance and regulation (THC, delta-8, CBD)Validation process, cultivating trust and transparency between insurance carrier and insurerHow businesses should budget for an insurance and when to insure a cannabis startupCannabis sales and the current scene in New YorkEric’s advice to someone starting in the cannabis industry Links mentioned in this episode: Website: https://alpharoot.com/ Web app: https://app.alpharoot.com/ Email: [email protected] / [email protected] --- Unlock the FREE webinar to increase your cash flow here: https://www.cbmnetwork.com/courses/financecoaching. Support the showConnect with us! — Instagram: @cannabisbusinessminds Youtube: @cannabisbusinessminds Linkedin: Cannabis Business Minds Podcast Have any feedback? Shoot us an email at [email protected].