Cannabis Insurance

The cannabis sector has seen substantial expansion in recent years, thanks to the legalization of marijuana for medical and recreational use in a majority of states. Every day, new cannabis dispensaries open their doors for business. First-time business owners may not be aware of all the hazards

In June of 2021, New Mexico joined the bloc of U.S. states that have legalized the use of cannabis in a medicinal and recreational capacity. This led to the subsequent boom in the cannabis market. To regulate the use of the substance, the Cannabis Regulation Act established New Mexico Cannabis

Cannabis legalization is quickly spreading through America, making it legal in 38 states apart from DC. However, you can only use cannabis medicinally and not recreationally in most states. Due to the high demand, many companies are selling cannabis and cannabis-derived products. Thus, the FDA has

Although medicinal and recreational cannabis use is breaking down barriers and becoming legal in many states, it is important to keep in mind that it remains an emerging market that comes with significant liabilities. If cannabis products being sold to the American public are found to be

Legal cannabis is currently one of the fastest growing industries in the country, with Grand View Research estimating that it will reach $146.4 billion by the year 2025. As this industry continues its ascent, marijuana businesses are facing a variety of challenges and risks that must be mitigated.

Medical marijuana dispensaries are opening up throughout the country as more and more states legalize the use of marijuana for medical purposes. Medical marijuana provides effective relief for the pain and suffering of many people who have serious illnesses, and new research is constantly emerging

With the U.S. cannabis industry projected to hit $146.4 billion by the year 2025, there are significant opportunities for businesses in this sector to grow and prosper. However, as the industry continues to expand and becomes subject to greater regulation, avoiding risk exposure will grow more

Cannabis insurance policies are vital for covering the many risks inherent in operating a business in the marijuana industry. Insurance is one of the best investments you can make in your business, but cost remains a big consideration for many cannabis companies. Thankfully, these policies are often

Transporting cannabis and cannabis-related products often carries more risks than with other types of transportation. Subsequently, it is highly encouraged for cannabis businesses to purchase cargo insurance, especially if they rely upon the transport of cannabis or cannabis products to or from