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
What Is Cannabis Product Recall Insurance?
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
Frequently Asked Questions About Medical Marijuana Dispensary Insurance
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.
How Much Does Medical Marijuana Dispensary Insurance Cost?
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
Why Cannabis Retailers Need Liability Insurance
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
How Much Does Cannabis Insurance Cost?
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
The Benefits Of Cannabis Cargo Insurance
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
Do I Need Cannabis Cargo Insurance?
If you rely upon the transport of cannabis or cannabis-related products, you may need cannabis cargo insurance. Cannabis businesses that rely upon the transportation of cash and other securities that are essential to the success of the business can also be insured with a cannabis cargo insurance
6 Things To Know About Cannabis Crop Insurance
With more states moving toward legalizing marijuana, entrepreneurs are finding new opportunities in the cannabis field. Growing cannabis commercially can be a lucrative business, but proper insurance coverage is essential to protect against risk. Many farmers and ranchers take out crop and