Are cannabis licenses required to get insurance coverage?
AlphaRoot Team
Yes, insurance providers often require proof of proper licensing to underwrite policies.
Related FAQs
How does Section 280E of the Internal Revenue Code affect cannabis businesses’ taxes, and what strategies can help manage its impact?
AlphaRoot Team
Section 280E prohibits businesses that traffic in Schedule I or II controlled substances (including cannabis) from deducting ordinary and necessary business expenses. Because cannabis remains illegal under U.S. federal law,...
What are best practices for inventory management and seed-to-sale tracking in cannabis operations?
AlphaRoot Team
Many states require seed-to-sale tracking systems that record every gram of cannabis from cultivation to sale. Effective inventory management should: • Use state-approved software that integrates cultivation, manufacturing, and retail...
Curated News
Seed to Sale: Insurance Coverage Along the Cannabis Supply Chain
The cannabis supply chain consists of many steps, hence the term “seed to sale” — but what does each stage risk along the path? Let’s take a look at it. Read More
How Much Does Cannabis Business Insurance Cost?
This post explains key factors influencing cannabis business insurance costs and outlines essential insurance coverages, including how to get the best price! Read More
Takeaways From Wonderland Miami 2022: The Future of Psychedelics
We attended Wonderland Miami 2022, the 3-day psychedelics conference. Let’s review some key takeaways from this event and how these insights impact the industry’s future. Read More
How to Get a Cannabis License in Virginia
Discover the step-by-step process to obtain a cannabis business license in Virginia, including regulations and key requirements. Read More
New Jersey Cannabis Sales Begin Today, 4/21!
Recreational cannabis sales are now legal in New Jersey starting 4/21/22! We have the details regarding this new regulatory development for dispensaries and adult users. Read More
Ask a Question
We’re here to help. Whether you’re looking for expert advice or need clarification, our team is ready to assist. Reach out, and let’s find the answers together.
