The emerging cannabis industry represents a huge opportunity for a new generation of entrepreneurs, but because of the way it’s rolling out at different speeds in different jurisdictions, finding the right cannabis insurance programs can be a little difficult for new companies. Luckily, there are providers who are going out of their way to participate in this exciting new field, and they are dedicated to providing the insurance that businesses like yours need. From coverage for cargo to theft protection and more, finding a specific cannabis industry insurer can help you protect your company more thoroughly than most general insurance programs.
Cargo Insurance for Cannabis Distribution
Motor truck coverage for the cannabis industry needs to be nuanced because hemp cultivation for a variety of purposes has been made legal across the country but recreational and medical cannabis is only legal in select jurisdictions. Insurers who work with companies in this industry need to be able to evaluate their full range of operations, where those operations happen, and what risks are likely during the course of regular business. They also need to be responsive, so they can expand coverage or modify it as needed to reflect the rapidly changing laws that cannabis producers, distributors, and retailers operate under. Finding the right insurer means peace of mind in this tumultuous time, so you can focus on expanding into new markets and reaching new customers.