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Laws? But it doesn't have THC! So, there are numerous shops that are marketing CBD items, or, in many cases, are exclusively offering hemp or THC items, under the belief that they are not controlled and do not need special licensing to disperse. Such beliefs are misplaced and will, as time passes, most likely subject non-compliant sellers and makers to severe sanctions and/or penalty. Hemp and CBD plants are still considered by law in many States and also the Federal Government to be a cannabis associated item, as well as they are heavily regulated. Marijuana Business Daily has a write-up released on October 15, 2018, defining generally, the issues that such stores are facing. https://mjbizdaily.com/chart-the-days-of-cbd-only-stores-may-be-numbered/. Three States with large medical cannabis programs have lately carried out administrative rules for the sector that need CBD and Hemp products to just be offered in licensed provisioning centers (or dispensaries); specifically, Ohio, Mi...

As of 2018, Michigan had the highest number of cannabis production licenses in the U.S. with 215. That number has only continued to grow. Needless to say, our state has a large number of dispensaries, all competing for business. Many people look at cannabis dispensaries and somehow see them as ‘different’ from traditional businesses. That just isn’t the case! Like any other business that sells a good or service, cannabis dispensaries require some type of business insurance. The difference, however, is that there are different types of insurance plans you can choose for your dispensary based on your individual needs. It’s important to understand these different plans so you can select the right one (proper coverage). Making sure you have the right insurance in this industry is of the utmost importance. If you’ve already gone through the trouble of getting the right licensing and certifications, don’t forget to go one step further in getting the right insurance. With that in mind, let’s ...

The cannabis industry is moving at a rapid pace, with numerous brand-new players signing up with the marketplace and policies altering all of the time. For that reason, any marijuana business owner requires to ensure that they stay up-to-date with the policies and requirements.One important subject for any company owner is insurance, and this is especially the case when dealing with a market such as the one for medical marijuana.With this in mind, continue checking out to discover everything you need to know about medical cannabis insurance coverage and your requirements as a business.What sort of insurance do medical marijuana services require?There is only one place to start, and this is by having a look at the different kinds of insurance plan that are needed by those in the medical marijuana market. This includes the following: Commercial general liability insurance The very first policy that all cannabis services are going to need is an industrial basic liability insurance plan. T...