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
Why Oregon Dispensaries Should Acquire Cannabis Insurance
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
What Is A Cannabis Insurance Consultant?
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?
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
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
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
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?
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?
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