5 Most Important Insurance Policies Cannabis Businesses Need in 2023

The cannabis market continues to buck trends seen across many other industries with its impressive growth projections. According to Forbes, the US marijuana market will nearly double in value between now and 2026 from [...]

2023-01-16T08:42:59-07:00January 14th, 2023|Business, Fire & Theft, Health, Industry|

New Insurance Risks Emerge As Cannabis Consumption Lounges Launch Across the US

In 2020, Alaska became the first state to allow for cannabis consumption lounges but until recently most progress in this regard took place at the local level in cities and municipalities such as Denver and [...]

2022-08-26T08:38:01-07:00August 26th, 2022|Business, Industry|

What to Do If Your Cannabis Business Insurer Doesn’t Pay Out

As in other industries, disputes between marijuana business owners and marijuana insurers arise frequently. A cannabusiness may think it is covered for a specific risk only to find that when it comes to pass, their [...]

2022-08-01T08:36:06-07:00August 1st, 2022|Business, Claims|

How Advanced Security Technologies Are Boosting Security for Cannabis Growers

Though the legal cannabis industry in the US continues to grow as more and more states legalize marijuana sales, it still has to contend with a thriving illicit market. As a valuable and lightweight product, [...]

2022-05-30T04:53:10-07:00May 30th, 2022|Business, Fire & Theft, Industry|

7 Risks Your Cannabis Business Must Consider When Buying Insurance

Every industry faces risks. That’s the accepted consequence of trying to turn a profit. For businesses in the cannabis industry though, many of these risks are perhaps especially pronounced due to difficulty in obtaining adequate [...]

2022-05-09T10:08:23-07:00May 9th, 2022|Industry|

Risk Management for Cannabis Business: How Proactive Planning Helps You Survive

The marijuana industry is a risky one to enter thanks, in no small part, to federal cannabis prohibition. The plant’s federally controlled status presents challenges that most traditional businesses needn’t worry about, especially with regards [...]

2022-04-28T08:18:21-07:00April 28th, 2022|Business, Industry|

How an Insurance Coverage Attorney Helps You Navigate Claims and Disputes

As the cannabis industry in the US continues to expand and professionalize, marijuana business insurance claim disputes are increasingly common. In many states where cannabis is legal, canna-businesses are obliged to have extensive insurance policies [...]

2022-03-09T08:26:39-07:00March 9th, 2022|Claims|

States Introduce Mixed Legislation on Worker Compensation for Medical Marijuana Use

Several states are considering legislation that would exempt insurers from paying for the medical marijuana costs of workers, though New Jersey is weighing up a bill that would do just the opposite under certain conditions. [...]

2022-02-23T06:19:15-07:00February 23rd, 2022|Health, Legislation|

4 Cybersecurity Tips for Cannabis Growers and Distributors

Cybercrime is a threat to businesses in many industries, but the risks are especially acute for marijuana businesses as evidenced by a data breach of multiple cannabis retailers at the end of 2019. The cyberattack [...]

2022-02-10T08:22:46-07:00February 10th, 2022|Business, Fire & Theft|
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