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
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,