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Cannabis Insurance

What Is A Cannabis Insurance Consultant?

February 15, 2021

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

What Is Cannabis Crop Insurance?

February 8, 2021

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

Coverage Of Product Liability Insurance For Cannabis Industry

February 4, 2021

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

Benefits Of Loss Of Income Insurance For Cannabis Dispensaries

February 1, 2021

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

E&O Insurance Coverage For The Cannabis Industry

January 28, 2021

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

How Much Does Errors And Omissions Insurance Cost?

January 25, 2021

Errors and omissions (E&O) insurance, also known as professional liability insurance, is a policy designed to protect businesses if they are sued or fined for mistakes, professional negligence, failure to provide promised services or providing incorrect advice. Any service-based business requires

How Much Cargo Insurance Do I Need For My Dispensary?

December 7, 2020

The transportation of cannabis is a necessary aspect of the industry as a whole. A dispensary is the final destination of many cannabis products which will ultimately be sold to consumers. The COVID-19 pandemic has made changes in the industry that is already a rapidly evolving environment. One such

What Does Cargo Insurance Cover In The Cannabis Industry?

November 30, 2020

With many states changing their laws regarding cannabis in the past decade, the cannabis and hemp industries have experienced huge growth. The global cannabis market has grown from $3.4 billion dollars in 2014 to $10.9 billion in 2018 according to legal pot sales from BDS Analytics and Arcview

Stock Throughput Insurance For Cannabis Dispensaries

November 16, 2020

A critical aspect of the success of your cannabis dispensary is your inventory. The product gets to your business by being transported there often by a truck. A loss of product that was in transit is a risk to your ability to efficiently run your operation. The logistical supply chain found in the

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344 N Old Woodward Ave, Suite 304 Birmingham, MI 48009 248-781-3321

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