Who are the Best Cannabis Insurers in Michigan?
As the cannabis industry continues to grow in Michigan, many business owners are asking an important question: Who are the best cannabis insurers in the state? At Spire Insurance Solutions, we believe in providing honest, educational information to our clients and potential customers – even when it comes to discussing other insurance options in the […]
Blazing Trails: Overcoming Insurance Hurdles in the Cannabis Sector
The Early Days: A Tale of Innovation and Frustration Fifteen years ago, I encountered a pivotal moment that would shape my entire career trajectory: my first cannabis client. It was a time when the industry was still shrouded in legal gray areas and social stigma. Little did I know that this experience would become a […]
What are Michigan’s Attestation Forms for Cannabis Businesses?
Growing a successful business in the cannabis industry can be a challenge because your focus is essential in many different areas. Whether it is a product, marketing and sales, supply chain and logistics, day-to-day operations, employees, safety and security, and compliance with regulations and insurance. Of course, properly insuring your business is important, recognizing the […]
Was The First American Flag Really Made of Hemp?
When the American Revolution broke out in 1775, most regiments participating in the war for independence against the British were fighting under their own flag. However, in June of 1775, the Second Continental Congress met to create the Continental Army so that they could align a more organized effort against their oppressors. This later led to […]
You Asked, We Answer – Navigating the Cannabis Insurance Marketplace
Michigan CannTech Expo As Michigan continues to evolve in the Cannabis business, hemp, laws, and regulations, you can join thousands of industry professionals to gain information on this expanding market. Join the Spire Insurance Solutions team at the Michigan CannaTech Expo in Mt. Pleasant, MI on 4/20 and 4/21. Our team will be there with other Michigan licensees, entrepreneurs and […]
OSHA Electronic Reports Are Due March 2! What Businesses Need to Know
What should Cannabis companies look for in an insuranOSHA Electronic Reports Are Due March 2!ce provider? Each year, the Occupational Safety and Health Administration (OSHA) requires certain employers to submit information from their OSHA Form 300A electronically. Affected employers must submit their reports using OSHA’s Injury Tracking Application (ITA). Affected establishments include: Establishments with 250 or more employees, if they […]
Are Your Product Liability Limits Enough?
Have you wondered if product recalls actually happen in cannabis? Well, in Michigan, the Marijuana Regulatory Agency recently issued a recall for several products due to unreliable test results. This recall could be impacting over 400 sales locations throughout the state in what may be the largest cannabis recall in Michigan’s short history. While an MRA investigation is […]
What Are “Gram Shop” Laws in Michigan?
Public Act 55 of 2021 was approved by the governor and filed with the Secretary of State on July 13, 2021. Director Andrew Brisbo of the Michigan Marijuana Regulatory Agency (MRA) communicated details of this amendment to the Michigan Regulation and Taxation of Marijuana Act (MRTMA) in the Advisory Bulletin found here. This amendment adds section 11a, which prohibits licensees […]
8 Reasons Why Your Cannabis Business Needs Cyber Insurance
So, you most likely are wondering now “Why does my cannabis business even need cyber liability policy?” Great question! In short, small and medium-sized businesses are vulnerable targets and statistics show they have become the global favorite for cyber criminals. The odds of a cyber breach against a business are continuing to rise due to the […]
Tips for Finding the Right Cannabis Business Insurance
It is no secret that the cannabis industry is booming! The United States legal cannabis market is projected to double in size to $41.5 billion by 2025 according to a recent New Frontier Data report. Only four states have no laws relating to legal marijuana use — Idaho, Kansas, Nebraska and South Dakota, according to the National […]