Do I need cyber liability insurance for my cannabis business?
AlphaRoot Team
Cyber liability insurance is important for cannabis businesses, especially those with digital platforms, to protect against data breaches and cyber-attacks.
Related FAQs
What alternative financing options are available to cannabis businesses when traditional bank loans aren’t accessible?
AlphaRoot Team
Banks are wary of serving cannabis companies because the plant is federally illegal; as a result, most cannabis firms still operate largely with cash and struggle to access basic banking....
How can cannabis companies find secure and compliant payment processing services in a cash-heavy industry?
AlphaRoot Team
Because federal prohibition deters most banks, cannabis retailers often handle large amounts of cash, creating security risks. To accept large payments safely: • Work with a payment processor experienced in...
Curated News
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A Metrc manifest tracks the movement of cannabis, but what’s this software platform all about? Here’s the inside scoop. Read More
Insurance for Cannabis, CBD & Hemp Extraction Companies
Download our coverage overview for cannabis extraction companies here. We have the pure crop now what do we do!? Extraction techniques are used to separate the components of cannabis and... Read More
Cannabis Insurance Trends 2020
Plenty of industries are booming nowadays—fintech, on-demand, micromobility, etc. The cannabis industry, however, tops the charts for tremendous growth as well as intense social impact. With so many developments in... Read More
Factors Affecting D&O Insurance Pricing for Cannabis Companies
D&O insurance and pricing for cannabis companies can vary tremendously. Let's examine the different factors underwriters consider and why it affects pricing and coverage. Read More
Top Challenges Your Psychedelics Company May Face
While all industries face challenges, a psychedelics company often encounters risks and hurdles, unlike in any other industry. Let’s review these challenges and how to overcome them. Read More
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