Much like cannabis businesses, insurance providers that cover such businesses have unique risks. It can help to understand the specific risks the cannabis insurance industry faces to determine your own risks and how to choose the right insurance provider for you. Outlined below are the top issues …
Insurance That You Need For Your Cannabis Business
Depending on the type of cannabis business, there are unique coverages that you should acquire to ensure you are properly protected financially. Outlined below are the types of insurance coverages you may need based on your specific cannabis business type. What Coverages You May Need For Your …
Questions To Ask Before Buying Cannabis Insurance
The cannabis industry is young, so business owners often do not fully understand what their needs are when it comes to staying protected in the cannabis industry. A cannabis insurance agent can help you determine your needs during a consultation. However, to get you started, there are certain …
Hazards To Look Out For In The Cannabis Industry
The cannabis industry is highly regulated, and businesses that operate within the industry should understand the specific types of risks they have and find effective ways to mitigate those risks. Outlined below are the most common hazards and risks that businesses in the cannabis industry might …
Is Your Cannabis Business Covered In Michigan?
The cannabis industry is young and highly regulated in Michigan, especially due to how regulated marijuana has been in the past. Part of that regulation extends to insurance coverage. Insurance companies in Michigan are required to meet certain requirements of financial responsibility, particularly …
What To Know About Attestation J In Michigan
Attestation J is part of the application process to become a licensed cannabis company in Michigan. The purpose of Attestation J is to show compliance with Section 408 of the MMFLA. The Attestation J is signed by the company’s insurance provider, attesting that the coverage includes at least …