Last week we covered the basics of buying insurance for a marijuana business in Massachusetts. This week, we’ll take a deeper dive into some of the risks we think you should be concerned about in your medical or recreational cannabis operation.
Let’s start with a review of the marketplace as a whole. As long as Marijuana remains a Schedule I drug and federally illegal, the admitted insurance marketplace will not provide coverage for cannabis businesses or cannabis related entities. That means the brands that we are familiar with are not going