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
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