A Rancho Cordova, Calif.-based insurer launched what it calls the first nationally available insurance coverage designed specifically for the medical marijuana industry.
Only 14 states allow use of medical marijuana today, but Statewide Insurance Services is nonetheless offering coverage in all 50 states.
The nationwide program covers all aspects of the industry, including medical marijuana dispensaries (MMD), workers' compensation, general liability, auto insurance for vehicles transporting the product, equipment breakdown/damage, property/product loss including pot spoilage and operations related to marijuana growing.
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