Frontier Risk Group announced the closing of a $3M SEED+ round, bringing together venture investors from the cannabis and insurance sectors to build the industry's first tech-enabled insurance ecosystem to better service cannabis risk. The company has raised $6M in funding to date.

Existing investor Casa Verde, a pioneer in cannabis technology investing, led the most recent financing round with significant insider participation. Illinois Casualty Company, an A.M. Best A- rated carrier focused on the food & beverage industry, joined the round as a strategic partner.