The cannabis industry can be a challenging one but with proper risk management and by working with a qualified cannabis insurance expert, cannabis operators can be assured they will be able to minimize losses, save money and if there is a claim, feel at peace that it will likely be covered. (Credit: Marcio Jose Sanchez) The cannabis industry can be a challenging one but with proper risk management and by working with a qualified cannabis insurance expert, cannabis operators can be assured they will be able to minimize losses, save money and if there is a claim, feel at peace that it will likely be covered. (Credit: Marcio Jose Sanchez)

As entrepreneurs enter the budding cannabis industry, there are many regulatory hurdles they need to overcome on both local and state levels which can be overwhelming. However, many don’t realize the significant loss control measures needed to succeed in this industry.

Risk management and a proper insurance portfolio are not only required in many state jurisdictions, but necessary to protect investments and assets.

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