By Cassidy Horton, Forbes on January 23, 2023
Marijuana is legal in some form in 38 states and D.C. Cannabis businesses like dispensaries and cannabis cultivators face risks specific to the industry, such as theft, fire and lawsuits. For example, a customer could claim your product made them sick and sue your dispensary.
You can think of cannabis business insurance as a small business insurance policy that contains several coverage types to address your business needs.
What Is Cannabis Insurance?
Cannabis insurance is a small business insurance policy that is customized to address the risks specific to the cannabis industry. This includes problems such as workplace injuries, bodily injuries and property damage accidentally caused to others, crop failure and theft.
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