Despite the American cannabis industry being worth billions of dollars, many insurance companies are still hesitant to work with cannabis businesses. This is due to the federal prohibition of cannabis and internal policies of larger insurance providers. As a result, finding a reliable insurance provider for licensed cannabis businesses can be a difficult and time-consuming process. However, Guardians of Ganja, a top-tier insurance agency with a memorable name, specializes in providing comprehensive insurance policies tailored to the specific needs of cannabis businesses.
Co-owner Jason Ascheman explains, “One of the best things about cannabis is its ability to free your mind from the constraints of life.” He and co-owner Dalton Knutson recognized the underserved market for cannabis insurance and founded Guardians of Ganja with the goal of providing unique and necessary insurance solutions for the industry. Based in Billings, Montana, the agency is strategically located in a state with a thriving adult-use cannabis market and a strong agricultural industry.
Knutson, who has a background in selling solar panels and serving as a firefighter, was forced to resign from his firefighting role due to complications from Crohn’s Disease. This experience only strengthened his belief in the healing properties of cannabis, and he teamed up with Ascheman, who has over 8 years of experience in the insurance industry. Together, they offer specialized insurance policies for cannabis businesses, filling a much-needed gap in the market.
