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
Why Your Cannabis Dispensary Needs Product Liability Insurance
Product liability is a must-have for any business involved in the high-risk cannabis industry. With recreational cannabis now legal in 10 states and medical cannabis legal in 33, insurance companies are seeing a rapid increase in cannabis-related product liability claims and lawsuits. Product
Does My Cannabis Grow Operation Need Technology Insurance?
Although technology is always changing and evolving, no technical applications are completely foolproof. Businesses in particular are always at risk for security breaches and lost digital information due to human error, misuse of information, or vulnerabilities in the system. If you own a cannabis
Top 6 Benefits of Business Insurance for Cannabis Dispensaries
Business insurance provides protection against losses that may occur during normal business operations. If you are involved in the high-risk cannabis industry, having adequate insurance is a must to avoid certain social and financial pitfalls. As the legalization of marijuana for medical and
What is the Most Important Cannabis Insurance Policy to Obtain?
Just like any business owner, you want to protect what you have worked so hard to build. Insuring your cannabis operation is one of the best things you can do to keep your risks low in a high-risk market. Whether you are a grower, dispensary, or involved in the cannabis business in some other way,
How Do I Insure My Cannabis Property?
The marijuana industry is evolving at a rapid pace. Help protect your investment with the right type of cannabis insurance. Insuring your business for professional liability, general liability, and direct physical loss can minimize the damage caused by possible damage and lawsuits. Property damage
How Can I Prevent a Halt in My Cannabis Grow Operation?
Like all businesses, owning and running a cannabis grow operation comes with certain risks. Breakdown of equipment is one such risk that can result in the sudden cease of daily operations. Depending on the size of your operation, you will likely have a large investment in certain pieces of equipment
Cannabis Loss of Income Insurance 101
While the cannabis industry is swiftly becoming a booming business, it does not come without risk. Most companies turn to insurance to keep them protected from these risks. While insurance for legal cannabis remains in its early stages, there are now several major carriers that provide broad