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 pretty skeptical about starting a […]
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 from disasters. They come from […]
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 it matters Think you’re covered […]
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. She shared a story that […]
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 Security & safeguards 24/7 surveillance, […]
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 for Cannabis Growers Key Factors […]
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 know that this experience would […]
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 capital for property required to […]
The Ultimate Guide to Buying Dispensary Insurance
In the cannabis industry, one unexpected event could wipe out your entire investment. Is your dispensary prepared to weather the storm with proper dispensary insurance? Running a dispensary is more than managing inventory and creating an inviting space for customers—it’s about navigating a complex landscape of risks. Whether you’re a new dispensary owner or have […]
Is Your Cannabis Business Protected If a Delivery Driver Has an Accident?
12:48 PM As a cannabis business owner, you might not realize that if your W-2 employees are using their personal vehicles to make deliveries, your business could be at serious risk without the right insurance coverage. It is essential to consider cannabis auto insurance to protect your business. Too often, we get calls from delivery […]