What are Michigan’s Attestation Forms for Cannabis Businesses?
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, […]
Social Engineering Attacks on the Rise- Don’t be a Victim!
Social Engineering Attacks on the Rise- Don’t be a Victim! First of all, what is a social engineering attack? Social engineering can be summarized as an act of manipulation, to trick someone into sharing sensitive information or unwillingly downloading malicious software. Social engineering attacks are incredibly successful, as they prey on one’s inherent trust in others. […]
OSHA Electronic Reports Are Due March 2! What Businesses Need to Know
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 […]
Are Your Product Liability Limits Enough?
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 […]
What Are “Gram Shop” Laws in Michigan?
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 […]
8 Reasons Why Your Cannabis Business Needs Cyber Insurance
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 […]
Tips for Finding the Right Cannabis Business Insurance
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, […]
Who’s the Boss After a Loss?
Who’s the Boss After a Loss? Your Duties After a Loss As insurance professionals, we’re in the business to pay claims. After all, that is why individuals, families and business owners invest money each year – to manage the risks that face them. An insurance policy is called a “conditional contract”. This means that if the […]
