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
2024 Oregon Cannabis License Guide
In Oregon, medical marijuana is regulated by the Oregon Health Authority (OHA). The state implemented the Oregon Medical Marijuana Program (OMMP) to oversee the production, distribution, and use of medical... Read More
How to Get a Cannabis License in Vermont
Discover the process of obtaining a cannabis license in Vermont with our informative guide. Uncover the necessary requirements, regulations, and key steps to successfully acquire your license in this progressive... Read More
Leaders Forecast the 2024 Legal Landscape for Psychedelics
The legal landscape for psychedelics is changing rapidly; however, only time will tell the outcome of this growing industry. Here’s what the experts have to say about it. Read More
What Is a Hybrid Cannabis License?
Recreational cannabis is now legal in 21 states, while medical cannabis is legal in 39 (including the District of Columbia.) Each state is a market silo, run by its own... Read More
Scaling vs. Growing: How Cannabis Companies Strategize for Success
Forward momentum is usually positive for cannabis companies — but let’s talk about scaling vs. growing. They’re different approaches, so which is better for your business? Read More
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