12:51 PM EDT, 04/01/2024 (MT Newswires) -- Conifer Holdings ( CNFR ) said Monday it entered into a collaboration with Palomar Holdings to provide insurance coverage for cannabis businesses.

The partnership is focused on Palomar Specialty Insurance and Palomar Excess and Surplus Insurance policies, the company said.

"This partnership represents a significant step forward in addressing the unique risks faced by cannabis entrepreneurs and cultivators." the company said.