Cannabis Insurance

Liability insurance is critical for any company, but when it comes to insurance for cannabis companies, in particular, the security afforded by this protection can be immense. That being said, as cannabis has found its way into more regular use across the United States, insurers and dispensaries are

It is no secret that cannabis companies are more vulnerable to lawsuits and threats than their non-cannabis counterparts. This is mainly because of the nature of the market, investor relationships, and a complicated landscape filled with regulations and laws. Common Challenges Cannabis Companies

As the number of cannabis users increases in the US, so are medical cannabis dispensaries. According to one report, there are 7,490 marijuana dispensaries throughout the country. One potential reason for this substantial growth is that many states have legalized cannabis use for medical

Four years after Oklahoma legalized medical marijuana, the state is flooded with various marijuana retail shops. The city leads the country in per-capita dispensaries in medical cannabis states, with 56 dispensaries per 100,000 residents. And 1 in 13 adults in Oklahoma carries a patient

In recent years, cannabis has come out of the shadows, with many States decriminalizing its use and reselling. However, it does not mean your cannabis business cannot be harmed. Cannabis is classified as a "schedule 1 drug" by the federal government. Thus, to run a successful cannabis business,

For entrepreneurs and traders who work with cannabis or CBD businesses, there are two primary delivery options. Deliveries must be made by either internal company drivers or external drivers hired as contractors for your company. Even the most cautious drivers may be involved in an accident due

The public's opinion of cannabis has significantly changed in a relatively short period, with more Americans supporting its legalization than ever. Due to the ongoing federal prohibition of cannabis, which forces each state to implement cannabis laws, conflicting state and federal regulations have

The cannabis industry faces mounting challenges and risks, making it crucial for businesses in this niche to create a tailored risk management plan that includes insurance coverage. California state law mandates that all cannabis business owners have insurance. California only recently started

The global cannabis industry is growing exponentially and is expected to reach $146.4 billion by 2025. Despite the growth, this emerging sector faces several risks and challenges. As the cannabis industry expands and becomes increasingly regulated, so does the risk exposure – a significant reason