With the U.S. cannabis industry projected to hit $146.4 billion by the year 2025, there are significant opportunities for businesses in this sector to grow and prosper. However, as the industry continues to expand and becomes subject to greater regulation, avoiding risk exposure will grow more …
Cannabis Insurance
How Much Does Cannabis Insurance Cost?
Cannabis insurance policies are vital for covering the many risks inherent in operating a business in the marijuana industry. Insurance is one of the best investments you can make in your business, but cost remains a big consideration for many cannabis companies. Thankfully, these policies are often …
The Benefits Of Cannabis Cargo Insurance
Transporting cannabis and cannabis-related products often carries more risks than with other types of transportation. Subsequently, it is highly encouraged for cannabis businesses to purchase cargo insurance, especially if they rely upon the transport of cannabis or cannabis products to or from …
Do I Need Cannabis Cargo Insurance?
If you rely upon the transport of cannabis or cannabis-related products, you may need cannabis cargo insurance. Cannabis businesses that rely upon the transportation of cash and other securities that are essential to the success of the business can also be insured with a cannabis cargo insurance …
6 Things To Know About Cannabis Crop Insurance
With more states moving toward legalizing marijuana, entrepreneurs are finding new opportunities in the cannabis field. Growing cannabis commercially can be a lucrative business, but proper insurance coverage is essential to protect against risk. Many farmers and ranchers take out crop and …
The Basics Of Cannabis Insurance In Massachusetts
As the benefits of medical marijuana gain greater public attention and legalization makes access easier than ever, cannabis-related businesses are enjoying unprecedented opportunity. Many Massachusetts companies have been producing and selling marijuana legally, but it is still important to …