Natural disasters spotlight lack of insurance options for cannabis industry
A recent spate of natural disasters is drawing more awareness to how vulnerable legal cannabis companies are when it comes to insurance coverage.
The devastation recent natural disasters inflicted on legal cannabis businesses is bringing into sharp relief the lack of comprehensive insurance coverage available to the multibillion-dollar industry.
In September, hurricanes damaged nascent medical cannabis operations in Florida and Puerto Rico.
The wildfires that swept through Northern California this month ravaged large portions of the region well-known for cannabis cultivation, with numerous growers in the midst of preparing for statewide legalization and the implementation of adult-use marijuana sales in January 2018.
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