What does a typical cannabis insurance policy cover?
AlphaRoot Team
A typical cannabis insurance policy may cover various aspects, including property and equipment damage, crop loss, general liability, product liability, theft, employee practices liability, and more. The specific coverage can vary depending on the policy and the needs of the business.
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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