Cannabis Insurance

The cannabis industry is young and highly regulated in Michigan, especially due to how regulated marijuana has been in the past. Part of that regulation extends to insurance coverage. Insurance companies in Michigan are required to meet certain requirements of financial responsibility, particularly

Attestation J is part of the application process to become a licensed cannabis company in Michigan. The purpose of Attestation J is to show compliance with Section 408 of the MMFLA. The Attestation J is signed by the company’s insurance provider, attesting that the coverage includes at least

All businesses within the cannabis industry are strongly encouraged to purchase cannabis insurance. This protects your company financially by identifying the largest risks to your business and offering financial assistance in a time of need. Without a reliable cannabis insurance policy, your company

Cannabis insurance is essential to minimize the financial risk for your Oregon dispensaries. Without cannabis insurance, your dispensary is vulnerable to crippling costs associated with lawsuits, repairing and replacing damaged property, dealing with crime, loss of income due to uncontrollable

If you operate within the cannabis industry, then you may need cannabis insurance. This protects you from a substantial loss of profit if something were to go wrong with your business. A cannabis insurance consultant can help you determine which insurance policies best fit your needs. What Is

Cannabis crop insurance is highly recommended to prevent substantial financial loss if something were to destroy your crops. For businesses within the cannabis industry (especially cannabis growers), the loss of crops is devastating without a reliable insurance policy. Understanding what cannabis

Product liability insurance is a type of insurance that every cannabis business requires. It defends businesses from lawsuits if one of their products causes bodily injury or property damage. In the cannabis industry, many businesses in all areas of the supply chain will not work with companies that

Because cannabis is considered to be an emerging industry new cannabis dispensary owners may feel confused about the types of insurance policies they need and where to get them. Loss of income insurance is a core policy that covers lost income if a named peril occurs. It offers coverage to

Errors and Omissions (E&O) Insurance is a type of professional liability coverage designed to protect businesses if they are found liable for providing faulty advice or negligence with regard to the services they offer. Cannabis businesses often make recommendations to their customers on cannabis