Get coverage for small and medium sized dispensaries
- General Liability Coverage
- Workers Compensation
- Transit/Delivery Coverage
- Other Standard Perils
- Finished Stock/Marijuana
As the legal cannabis industry continues gaining momentum as one of the fastest growing markets in the US, marijuana businesses are now facing certain challenges that comes with their new place in the world. Claims and lawsuits against cannabis businesses ranging from inadequate warning labels, presence of pesticide residues in products, to unsafe handling practices during the manufacturing process are cropping up more and more.
If a consumer purchases a defective product from a retailer and becomes ill, that dispensary owner can be held liable, even if there was no prior knowledge of defects in the product. The rationale behind imposing liability on dispensary owners is that it will pressure them to vet manufacturers they do business with more carefully and only work with businesses that have a proven track record of making high quality, safe products.
Whether it is a slip & fall claim at your actual marijuana dispensary, a Product Liability claim from consumption of the cannabis and other products you sell, or protecting your business from fire or theft claims, our insurance services can offer the necessary insurance protection to help you recover from any of these unexpected losses, have the right insurance for city regulations, and for the property owner.
How Do Dispensaries In California Sell Marijuana Legally?
There are a number of stipulations involved in dispensing medical marijuana in compliance with California marijuana laws. Here are just a few of them:
- Collect sales tax
- Only dispense marijuana to those who are qualified
- Never sell other drugs that require a prescription unless you are licensed to do so under state law
- Only obtain your supply from those who are qualified to grow and distribute
- Follow the state attorney general’s guidelines
- Keep accurate records