Should I Get Commercial Auto Insurance for My Cannabis Operation
Many business owners assume that their standard insurance policy, such as their property or general liability coverage, will protect them when their products or other property are being transported from location to location. However, once in transit, these coverages often no longer apply, potentially putting your business at risk. Adding commercial auto coverage is an […]
Read moreWhich Cannabis Insurance Package is Right for my Operation?
It is important to protect your company’s assets with a comprehensive insurance policy, but many businesses find they need to balance insurance coverage with overall cost. With a wide choice of insurance packages available, how do you know which ones are best for your cannabis business? CannGen offers a selection of cannabis insurance packages to […]
Read moreSix Cannabis Insurance Coverages Your Operation Needs in 2022
A comprehensive insurance policy can help to protect your business against loss when the unexpected happens. As the cost of insurance coverage fluctuates and availability remains scarce, it’s become critically important to consider which insurance coverage you need for your business. Here are six cannabis insurance coverages that your business needs in 2022 to protect […]
Read moreThe SAFE Banking Act: An Update on Cannabis Banking Reform
A common hurdle for nearly all cannabis businesses is securing the basic financial services they need to operate. From the beginning of the legal cannabis market, finding banks and credit processing companies that were willing to work with the cannabis industry has been a dauntless challenge, as few institutions were willing to take on the […]
Read moreWhat the Cannabis Industry Learned in 2021, and What to Expect in 2022
At the close of each year, the cannabis industry leaders and innovators who keep it growing examine the lessons of the previous year and anticipate how to apply these lessons for the most success in the year to come. Let’s take a look at some of the biggest trends of 2021 and what they mean […]
Read moreHow Does a Lack of Available Services Impact Cannabis Companies
As many in the cannabis industry know, securing even basic business services can be a challenge. Important services like insurance, banking, and credit processing are all affected by this shortage of providers willing to work in the cannabis market. Much of this apprehension around working with cannabis businesses comes from the continued illicit status of […]
Read moreIs It Difficult to Obtain Cannabis Insurance Policies?
There is a lot of risk that comes with starting a business. Even when properly managing that risk, the unexpected can happen. It is for this reason that businesses buy insurance policies that protect their assets. For cannabis businesses, that risk is even higher, yet many find it challenging to obtain the right kinds of […]
Read moreManaging Risk in the Cannabis Industry
Starting a business and keeping it operating day-to-day can be a challenge. For the cannabis industry, this is especially true, as unique obstacles can quickly become roadblocks. Understanding how to minimize your risk (and how to prepare yourself for the unexpected) can be critical to the survival of your cannabis business. Here are a few […]
Read moreUnique Issues Facing Medical Cannabis Businesses
Medical marijuana businesses experience a number of roadblocks that set them apart from other consumer-facing businesses. These issues range from strict regulations and artificially-restricted consumer bases as well as limited access to business services. With the potential to limit successful growth, these challenges must be acknowledged. Here we will look at the common issues medical […]
Read moreTop Insurance Coverage for Cannabis Dispensaries
As the most public-facing aspect of cannabis operations, dispensaries face specific levels of risk that other cannabis companies may not. That makes it critically important to secure the right insurance policy to protect your assets. To that end, let’s look at the top insurance coverages for your cannabis dispensary. Property Coverage As a cannabis dispensary, […]
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