Cannabis Insurance

The cannabis outlook is constantly evolving, and this can make securing strong, complete insurance coverage a challenge. From legality changes to potential restrictions on specific compounds, concentration by dry weight, and more, the industry is in flux, and any marijuana-focused business is wise

Cannabis businesses are still relatively new to the commercial arena, and legalization changes have made flexibility and adaptability mandatory for success. While most owners’ efforts are focused on establishing a strong business presence, selecting appropriate inventory, and hiring knowledgeable

Cannabis businesses often face significant challenges in securing insurance for their companies. Due to marijuana products still being illegal on the federal level and the high risks associated with storing and transporting cannabis, many insurers do not deem such businesses as acceptable candidates

As an industry slated to reach $45 billion in value by the end of 2025, cannabis continues to surge in popularity thanks to broader legalization and cultural trends. In some locations, as many as 88% of the population are in favor of legalizing cannabis nationwide. Given the enthusiasm behind the

As more people aspire to open cannabis-related businesses thanks to increasing legalization, the importance of insurance coverage is rising as well. However, many soon-to-be business owners are discovering that securing insurance protection for their cannabis business is more difficult than they

The budding cannabis industry is steadily growing across the United States, with more states than ever legalizing recreational and medical marijuana for public use. To meet this demand, businesses are expanding to offer cannabis products, and dispensaries are opening specifically to cater to the

Cannabis has been legalized in many states over the last ten years. Because legalization in America has come both recently and in such a fragmented manner, it is easy to get confused about the laws newly established by individual states or counties. In some states, marijuana is still not legal. In

Cannabis use continues to change and adapt to new rulings and regulations nationwide. A few states, such as Colorado and Michigan, are leading the charge in developing publicly-accessible cannabis lounges. These locations are the parallel to bars that serve alcohol; they offer a public place where

Owning a cannabis dispensary is a new and increasingly popular business venture thanks to the more favorable landscape for marijuana products across much of the nation. While each state’s individual requirements and legality are different, many places are experiencing a dispensary boom thanks to