The cannabis sector has seen substantial expansion in recent years, thanks to the legalization of marijuana for medical and recreational use in a majority of states. Every day, new cannabis dispensaries open their doors for business. First-time business owners may not be aware of all the hazards …
Cannabis Insurance
How To Open A Dispensary In New Mexico
In June of 2021, New Mexico joined the bloc of U.S. states that have legalized the use of cannabis in a medicinal and recreational capacity. This led to the subsequent boom in the cannabis market. To regulate the use of the substance, the Cannabis Regulation Act established New Mexico Cannabis …
The Importance Of Cannabis Recall Insurance
Cannabis legalization is quickly spreading through America, making it legal in 38 states apart from DC. However, you can only use cannabis medicinally and not recreationally in most states. Due to the high demand, many companies are selling cannabis and cannabis-derived products. Thus, the FDA has …
What Is Cannabis Product Recall Insurance?
Although medicinal and recreational cannabis use is breaking down barriers and becoming legal in many states, it is important to keep in mind that it remains an emerging market that comes with significant liabilities. If cannabis products being sold to the American public are found to be …
Frequently Asked Questions About Medical Marijuana Dispensary Insurance
Legal cannabis is currently one of the fastest growing industries in the country, with Grand View Research estimating that it will reach $146.4 billion by the year 2025. As this industry continues its ascent, marijuana businesses are facing a variety of challenges and risks that must be mitigated. …
How Much Does Medical Marijuana Dispensary Insurance Cost?
Medical marijuana dispensaries are opening up throughout the country as more and more states legalize the use of marijuana for medical purposes. Medical marijuana provides effective relief for the pain and suffering of many people who have serious illnesses, and new research is constantly emerging …