What is the difference between a carrier and a broker in cannabis insurance?
A carrier provides the insurance policy, while a broker acts as an intermediary between the business and the insurer, helping to find the best coverage.
Related FAQs
What types of cannabis businesses can get insurance?
Cannabis businesses involved in cultivation, processing, distribution, retail, or any other aspect of the industry can typically obtain insurance coverage. This includes dispensaries, cultivators, manufacturers, and even ancillary businesses like...
Is cannabis insurance required by law?
Cannabis insurance is not typically required by law at the federal level, but some states may have specific insurance requirements for cannabis businesses as part of their licensing regulations. It's...
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