In this course, you will be weeding through the unique insurance needs of the cannabis industry and the rapidly evolving regulations that have largely discouraged insurers from participating in the cannabis market. Next, insurance policy language specifically tailored to the cannabis industry is covered, as well as, the many legal uncertainties, unique hazards, and emerging risks involved in cannabis related activities. After completing this course, you will be able to:
• Discuss basic terms and definitions for the types of insurance coverage schemes in the cannabis business
• Examine product liability insurance and the existing framework for choosing the best coverage for your cannabis operation
• Explore insurance compliance standards and the challenges ranging from legality issues to coverage deficiencies
• Identify safety protocols and insurance policy language to protect your business