AlphaRoot

AlphaRoot lists its office at 416 W 13th St in New York City and dates its founding to 2018. Its about page describes the firm as the cannabis insurance arm of The Baldwin Group, a national brokerage, and names Brendan O'Connor as managing director. The company says it is licensed in all 50 states with access to the major cannabis insurance carriers, and its timeline marks a multistate expansion in 2020. It is a broker that shops coverage on behalf of the buyer rather than a carrier that writes its own policies, and it also publishes coverage guides for hemp, CBD, functional mushroom and psychedelic-therapy businesses.

For cannabis operators, AlphaRoot keeps separate coverage pages for multi-state operators, dispensaries, delivery services, distribution, events, testing labs, extraction, cultivation and manufacturing. Its coverage menu runs to general liability, product liability, property, crop, workers' compensation, auto liability, cyber, crime, directors and officers, employment practices, fiduciary, professional and tech errors and omissions, plus two deal-related lines: representations and warranties insurance for acquisitions and contract frustration cover tied to the loss of a key team member. State pages cover insurance requirements in markets including California, Colorado, Illinois, Michigan, Massachusetts and New Jersey.

Buyers request a quote or book a free consultation through the site, which promises a dedicated account manager. AlphaRoot does not publish pricing. Its partnership pages name cannabis software and finance companies it works with, including BLAZE, Dama Financial, FundCanna and Wurk, and its resource library includes a cannabis M&A tracker, a dispensary cost calculator and a D&O guide. The site lists a single New York office and does not give client counts for the cannabis practice itself; the scale figures on its about page describe The Baldwin Group as a whole.