In 1996, California became the first state in the US to legalize medical marijuana. Since then, many states have made great strides in legalizing both recreational and medical marijuana, however, what products are legal in each state varies widely. While some places like California offer many types …
Cannabis Insurance
Why Marijuana Cultivators Need to Acquire Cannabis Insurance
Marijuana has become big business in recent years and marijuana cultivators play a critical role in the process. Cannabis requires certain conditions to thrive, including sufficient nutrients, a strict pH balance, warmth, light, water, and ideal levels of humidity. From germination to flowering, …
Cannabis Insurance Policies Cannabis Companies Should Consider
While cannabis companies are becoming more commonplace in today’s society, there continue to be some serious business risks involved. Marijuana laws are changing at a rapid rate but the drug is still not legal in all 50 states. As no two states’ regulations are exactly alike, it can be challenging …
Benefits of Product Liability Insurance for Marijuana Dispensaries
If you own or operate a marijuana dispensary, you are probably already aware of the various risks involved. Without the right insurance policies under your belt, your business could be left vulnerable to a wide range of risks and liabilities. Product liability insurance is one such policy you should …
What Kind of Insurance Do I Need for My Dispensary?
Cannabis legalization has made great strides in recent years. In fact, marijuana is now legal for recreational use in ten states and Washington, DC, as well as legal for medical purposes in 33 states. Moreover, as of May 2019, a total of 15 states have decriminalized marijuana. With the demand for …
What do you Need to Open a Cannabis Dispensary?
As more and more states across the country choose to legalize medical marijuana, cannabis dispensaries are popping up at an unprecedented rate. With the growing demand for cannabis, opening a dispensary can be an excellent opportunity for budding entrepreneurs. However, if you are considering …