Cannabis Insurance

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

The cannabis industry is constantly growing across the world, and in the United States, the cannabis market will be worth $40 billion by 2030. While that’s great news for profitability, it also brings some unwanted attention. One of the main issues with the cannabis industry is that it is

There is little data on how frequently growers and dispensaries are victims of crimes—and even less on how commonly the perpetrators turn out to be the employees. But there is little doubt that the high-value, easy-to-sell commodity is prone to theft. To make matters worse, standard risk mitigation