What are the insurance requirements for cannabis landlords and real estate?
AlphaRoot Team
Cannabis landlords and real estate owners need specialized insurance policies that cover the unique risks associated with leasing to cannabis businesses. This includes general liability, property damage, loss of rental income, and potential legal liabilities related to the tenants' business operations. Insurance requirements may also include coverage for environmental cleanup or contamination. Landlords should work with insurance providers familiar with the cannabis industry to ensure comprehensive protection.
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What alternative financing options are available to cannabis businesses when traditional bank loans aren’t accessible?
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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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