How to ensure you have proper cannabis dispensary insurance coverage
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