For Cannabis businesses, it is not about just having insurance. It is about being transparent and having your insurance with the right company. Judy Greenwald, writing for Business Insider, highlights the backlash insured professionals and organizations can experience when they are not transparent with their carriers.
In the business of insurance, cannabis-related professionals represent an unknown risk. To protect themselves in risky situations they build in escape hatches. Navigating those nuances can be the difference between a claim being covered or lawfully denied. You can read her article entitled Insurer not liable for damage caused by marijuana growing operation here.
When Cannabis 360 works to insure your property and operation, we are transparent with the companies we work with because they have specifically designed coverages for this business. If you are unsure about your current insurance situation, please reach out – WE CAN HELP.
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