Regardless of the industry, all businesses need insurance to provide coverage against lawsuits and financial claims. If you are a wine bar owner, you often face problems with intoxicated customers, damage, and over-drinking. These problems can result in grave consequences if people get injured in
How To Prevent Employee Theft Within Your Cannabis Business
The cannabis industry is constantly growing across the world, and in the United States, the cannabis market will be worth $40 billion by 2030. While that’s great news for profitability, it also brings some unwanted attention. One of the main issues with the cannabis industry is that it is
Why Do Bars and Nightclubs Need Liquor Liability Insurance?
There is no denying that alcohol is the root cause of many accidents, especially in nightclubs and bars where people come to consume alcohol and have fun but overdrinking often ends in a mess. Intoxicated individuals are often in an altered state of mind and can cause property or personal damage.
Why Your Cannabis Business Should Have An Employee Theft Coverage
There is little data on how frequently growers and dispensaries are victims of crimes—and even less on how commonly the perpetrators turn out to be the employees. But there is little doubt that the high-value, easy-to-sell commodity is prone to theft. To make matters worse, standard risk mitigation
5 Must-Have Bar Insurance Policies
The success of your bar, pub, casino, cocktail lounge or tavern depends on your reputation among the locals and your ability to take care of your customers while providing them with superior service and exceptional experiences to keep them coming back for more. Bars and pub faces a lot of risks.
What Is Cannabis Business Insurance And Why Do I Need It?
The U.S. cannabis industry is growing at an unprecedented rate and is expected to be worth $57 billion by 2030. While this phenomenal success has benefited growers, suppliers, businesses, and the U.S. economy, it has also brought a slew of new hurdles to solve. For many, this means getting the right
How To Start A Mobile Dispensary
Dispensaries must adjust to newer e-commerce possibilities such as delivery as cannabis shopping evolves. While it takes time and effort to set up, the delivery may be a game-changer for dispensaries, especially those with a tiny storefront or in an inconvenient location. If you're an existing
How You Can Enhance Your Cannabis Insurance Policy
Legalizing medicinal marijuana has given rise to a new niche within the healthcare sector, and several enterprises have entered this space. By 2025, the cannabis business in the United States will grow to a record-high $146.4 billion. Several insurance companies have created cannabis-specific
Tips On How To File A Cannabis Claim
Dealing with a marijuana insurance claim can be a nightmare. For example, you might be the next cannabis business owner to fall victim to vandalism or theft. How do you protect yourself? With the legalization of cannabis in some jurisdictions, this problem is becoming more widespread. Are you