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Not All Contractors Are Bad — And Neither Are Insurance Brokers
Tyler (Vice President of Spire Insurance) and his wife recently had their bathroom remodeled. If you’ve ever taken on a renovation project, you know it can go sideways quickly. They’ve had their fair share of horror stories — one unplanned kitchen remodel and a botched window replacement later, they were
The Hidden Business Risk You Can’t Insure—But You Can Prevent with Better HR
How Partnering with a PEO Like ChampionPEO Helps Growing Companies Avoid Expensive Claims When most business owners think about risk, they picture fires, floods, theft—or that one intern who almost wiped the entire shared drive. But at Spire Insurance Solutions, we’ve learned that the most expensive risks often don’t come
What to Know When Expanding From Cannabis to Hemp Products: Be Aware of Insurance Gaps
Expanding your cannabis business into hemp‑derived product lines? That’s smart growth—it opens doors to nationwide distribution. But here’s what many brands overlook: insurance coverage often doesn’t follow the product. It’s essential to consider Cannabis and Hemp Insurance to ensure your expanded offerings are adequately protected. What the risk is… Why
The #1 Banking Risk Most Cannabis Owners Overlook (Until It’s Too Late)
It’s not your product.It’s not your license.It’s not even your insurance. It’s walking out of your dispensary or grow with thousands of dollars in cash, which is why cannabis banking becomes crucial. Money Talks We recently sat down with Jamie Kleve, Chief Operating Officer at St. Cloud Financial Credit Union.
How Much Does Cannabis Insurance Cost? (And What Drives the Price Up or Down?)
Every cannabis business — from startup growers to fast-scaling dispensaries — asks one question above all: “How much will insurance cost?” We believe you deserve a transparent, no-surprises answer. Typical Premium Ranges What Influences Pricing? Factor Impact on Premium Annual revenue More revenue = higher product & general liability exposures
Starting a Dispensary in Minnesota? 4 Smart Insurance Strategies to Improve Cash Flow
The #1 mistake dispensary startups make? Overpaying for Minnesota dispensary insurance they don’t need. Minnesota dispensary owners: Don’t let overpriced insurance drain your startup’s cash flow before you even open your doors! Opening a cannabis dispensary in Minnesota is an exciting opportunity, but navigating the complexities of the industry requires
Think You’re Insured? 7 Cannabis Insurance Gaps That Could Cost You Big
If your cannabis insurance policy includes these exclusions or warranties, your business could be at serious risk due to insurance gaps. Understanding Common Exclusions and Warranties in Cannabis Insurance Policies The cannabis industry faces unique challenges when it comes to insurance. With strict regulations, high-risk exposures, and an evolving legal
The Ultimate Guide to Buying Cannabis Cultivation Insurance
Buying cannabis cultivation insurance is crucial because cannabis cultivation comes with unique risks—crop failure, equipment breakdowns, theft, and environmental hazards can all threaten your operation. Traditional agricultural insurance policies often exclude cannabis, leaving growers exposed. A tailored cannabis cultivation insurance policy ensures you’re covered from seed to harvest. Essential Coverages
Blazing Trails: A Cannabis Insurance Origin Story
The Early Days: A Tale of Innovation and Frustration Fifteen years ago (circa 2010), 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
Are You Starting a Dispensary? 4 Ways to Improve Cashflow With Your Dispensary Startup
The #1 mistake dispensary startups make? Overpaying for insurance they don’t need. For most businesses, the importance of cash flow cannot be overstated. Of course, when it comes tostarting a dispensary startup specifically, it is critical as you’ve had a large investment up front for licensing, legal costs, and the