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
Medical Marijuana Insurance Coverage 101
If you currently run a medical marijuana dispensary or are planning to open one soon, you may be in the market for medical marijuana insurance coverage. There is no denying the countless advantages that medical marijuana offers many individuals. It has been proven to relieve pain and suffering and
Marijuana Surety Bonds: What You Need to Know
If you are planning to open your own retail or medical marijuana dispensary, you may be looking to obtain a marijuana surety bond. Marijuana surety bonds provide a guarantee that a dispensary will operate according to applicable state laws and regulations. While not every state requires dispensaries
How to Open a Marijuana Dispensary in California
The sale of recreational marijuana became legal in California on January 1, 2018. Medical marijuana has been legal under California law since 1996. In order to sell marijuana legally, businesses must obtain a license from the state and their local city or county. Just like with any business startup,
Does Insurance Cover Medical Marijuana?
Medical marijuana has become an increasingly popular method of treating various conditions ranging from migraines to Crohn’s Disease. Although legal for medical purposes in several states, the use of cannabis is still a controversial subject, especially in the medical world. This leaves many people
How to Open a Marijuana Dispensary
Whether you are a medical marijuana enthusiast, an entrepreneur, or a combination of the two, the question of how to open a marijuana dispensary has likely crossed your mind. With the majority of Americans supporting legalization and new research surfacing daily about the benefits of marijuana use,
How a Cannabis Insurance Policy Will Improve Your Business Plan
As more and more cannabis dispensaries and grow operators pop up across the country, there has been a rising need for liability protection. Cannabis insurance offers protection for businesses of all sizes. Today, no company can afford to take the risks that come with being uninsured. Just one