By Dama Financial Myth 1: It is illegal for Banks to serve Cannabis-related Businesses because marijuana is illegal under federal law. The Controlled Substances Act (“CSA”) makes it illegal under federal law to manufacture, distribute, or dispense marijuana. However, 10 states plus Washington D.C. have fully legalized marijuana and 33 states have legalized it for …
Shauna Blackburn, Risk Manager specialist at Cannabis Connect Insurance Services gives advice in this video about reducing risk and protecting yourself and your business during COVID-19. Topics include: • Safe money handling techniques • Holding safety meetings • Workers’ Compensation and EPLI insurance • Masks and Gloves; Hand Sanitizer • Sanitizing work stations • Building …
Read moreAdvice on Protecting Yourself During COVID-19 Crisis From an Insurance Provider
By Shauna Blackburn of Cannabis Connect Insurance Services It is important to know that every cannabis business in the chain of custody (cultivation, processing, manufacturing, distributing, wholesalers and retailers alike) is responsible for tracking and protecting against product tampering. Below are some policy forms, exclusions, or endorsements often found on a general liability insurance policy …
Read moreCommon Insurance Policy Contract Wording That All Cannabis and Hemp Businesses Should Avoid
