What are the consequences of not disclosing all relevant information to my insurer?
AlphaRoot Team
Failing to disclose all relevant information to insurers can result in denied claims, policy cancellations, and potential legal action.
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
Sustainability in Cannabis: How to Make Your Business Eco-Friendly
As the cannabis industry expands, integrating sustainable practices is essential for long-term success. From energy-efficient cultivation techniques to eco-friendly packaging and green operations, embracing sustainability not only benefits the environment... Read More
What Is the Best Legal Structure for a Cannabis Business?
Founders have several choices regarding choosing a legal structure for their cannabis business. Let’s review some of the options available to see if one suits you better than another. Read More
A Guide To Cannabis Terms
Cannabis terminology is evolving from the classic “mary jane” to more sophisticated and intricate jargon. Here’s a terminology guide for this increasingly popular industry. Read More
California Tax Increase: Navigating Challenges Cannabis Leaders Face
The California cannabis tax increase to 19% is a blow to the state's legal industry. This hike threatens business survival, fuels the illicit market, and impacts consumers. 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
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