What Type of Insurance Is Suitable for Cannabis Businesses
Since the legalization of recreational and medical marijuana become widespread, the cannabis market has been growing at a fast speed. In fact, in 2020 alone, legal cannabis sales went up by 46%. However, the growth of this market has also brought in risks in equal measure. Provided this substance is still labeled unlawful under the 1970 Controlled Substances Act, cannabis companies still encounter incongruity from the authorities, the general public, and even regulatory bodies such as FDA. Also, rigid business practices coupled with conflicting state and federal legislation, make it...