Cannabis Insurance | What insurance does your cannabis business need?
As cannabis legalization continues to spread, more and more companies are entering the cannabis industry. This is a great opportunity for many businesses, but it also comes with its own set of risks. That’s where cannabis insurance comes in.
Cannabis insurance is a developing non-standard risk that has largely been embraced by surplus lines carriers. This is likely due to the fact that adequate data has not yet been generated to support an adequate market for cannabis product liability. Admitted cannabis insurance products are few and far between, with most states only offering products that cover limited risks such