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...
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Cannabis D&O Insurance: Do Private Canna-Businesses [Really] Need It?
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Although CBD wellness companies are a permanent part of the cannabis industry, they face unique legal issues. Here’s what we know. Read More
The Economic Impact of Cannabis in Michigan
Since the legalization of cannabis in Michigan, the industry has soared, shaping the economy, tourism, and real estate markets, poised for continued growth. Read More
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