November 7, 2018 / Blog
On Tuesday, November 6th, Michigan became the tenth state to approve the use of marijuana/cannabis for adult recreational use, it also makes Michigan the first state in the Midwest to do so. Proposition 18-1 was approved by a 56-44...
October 16, 2018 / Blog
Risks exist for any cannabis business—or, for that matter, any company that produces or markets consumer items. An ever-present issue, especially for all things ingestible, is the potential product liability claim. Cannabis Product Liability (and Insurance) Will Evolve A...
October 8, 2018 / Blog
More than half of the states in the USA along with the District of Columbia have legalized medical marijuana in some form or the other. Medical cannabis, or medical marijuana as they popularly call it, is cannabis and cannabinoids...
July 31, 2018 / Blog
Michigan’s legal cannabis landscape continues to evolve. For a decade, Michigan has supported medical marijuana. All 83 counties in the state blessed the measure that legalized medical cannabis. And this year, Governor Snyder signed the Public Act 10 of 2018 into law, amending Michigan’s Medical Marihuana Facilities...
May 3, 2018 / Blog
Cannabis cultivators, processors, manufacturers and retailers should be aware that in 2018, new cannabis taxes will take effect. A couple of highlights on how these new tax changes can affect your business. New Tax Rates According to California Department...
March 23, 2018 / Blog
With more and more business owners stepping into the cannabis industry, there is a great need for proper insurance coverage in a business that can sometimes be high-risk. Because legal cannabis is such a new concept, changes and developments...
January 25, 2018 / Blog
California became one of eight US states where marijuana is now legal for adult recreational use in January 2018. The California state legislature passed an emergency regulatory reform bill in December 2017, just in time for the new rules...
December 5, 2017 / Blog
As an emerging industry, the Cannabis space is facing growing pains when it comes to regulations and insurance. The lack of guidance and resources easily available causes issues for business owners trying to ensure their cannabis business is fully...
November 9, 2017 / Blog
Here at Cover Cannabis we are asked 100s of questions every month about how to properly insure a cannabis operation. Here is a question we received recently: Pat (Business Owner): I have an indoor cannabis growing facility, as we...
November 1, 2017 / Blog
Here at Cover Cannabis we are asked 100s of questions every month about how to properly insure a cannabis operation. Here is a question we received recently: Casey (Business Owner): My establishment has plans to allow on site consumption...