How does crop insurance work for cannabis cultivators?
AlphaRoot Team
Crop insurance is essential for cultivators, aiding in managing unforeseen crop losses and maintaining financial stability during crises. It is a critical insurance to have in agriculture, with several governments providing it to farmers. However, the cannabis stigma presents a hurdle, and only a handful of insurance providers extend coverage to cannabis cultivators.
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What alternative financing options are available to cannabis businesses when traditional bank loans aren’t accessible?
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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....
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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...
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