Reasons to work with an Oregon Cannabis Insurance Agent

Mark StraussBusiness | Commercial Insurance

Securing marijuana business insurance for your cannabis operation shouldn’t be an arduous task. There are many hurdles and concerns with getting your business set up and dealing with the complexities of insurance can be overwhelming if you’re not familiar with the insurance ecosystem. Researching and comparing cannabis insurance options are limited to just a few insurance carriers. Why so few? … Read More

Questions About Marijuana Business Insurance Cost

Mark StraussBusiness | Commercial Insurance

The cost of marijuana business insurance is one of the more common questions I get from canna businesses. It seems like a very simple question to answer however due to the marketplace being so new and each business having unique characteristics it’s impossible to provide ballpark estimates. Insurance for canna businesses are issued as 2 separate insurance policies, one policy … Read More

Marijuana Business Insurance Property Exclusions

Mark StraussBusiness | Commercial Insurance

Despite the fact that insurance coverage is available for marijuana related businesses as is the case with most commercial insurance policies all marijuana business insurance policies contain both liability and property exclusions. Even though insurance is designed to cover a broad range of losses, exclusions exist because part of the insurance arrangement requires that businesses take a responsibility to prevent claims as … Read More

Workers Compensation for Marijuana Businesses

Mark StraussBusiness | Commercial Insurance, Worker's Compensation

When you have employees you need to make certain your Marijuana Business Insurance program includes workers compensation insurance. This covers the state mandated benefits for medical expenses and lost wages to employees injured in the course of employment, in exchange for mandatory relinquishment of the employee’s right to sue their employer for the tort of negligence. This trade off is … Read More