Marijuana insurance company
The kind of coverage that marijuana businesses can obtain are very much similar to the coverage that any other normal business can obtain. For example, marijuana businesses can obtain coverage for fire and theft, but not for flooding. 
But it is important for businesses to understand that marijuana is an illegal drug federally and no marijuana insurance company will cover damages resulting from a federal raid. Under the federal law, buying and selling of marijuana is illegal and although many states have legalized the use of marijuana for medical reasons, the states are in conflict with the federal law.
What this means is that the federal government can raid marijuana dispensaries, cultivation centres and other facilities anytime. If the owner of the business is found to be in breach of any of the marijuana related laws, then the business or the assets can be seized. The business can even be shut down. So in such cases, the marijuana insurance company may not be able to offer insurance coverage. Therefore, it is essential to run the operation in compliance with the law. As a business owner, you can consult with the insurance company and find out about the plans that can provide comprehensive cover for your business.
If you are wondering how to open a medical cannabis business, then take our cannabis business workshop at California college for cannabis, in San Diego, Pasadena and Sacramento; 
Our attorneys and industry leading network of professionals will be hosting a to go over all aspects of cannabis business licensing, start-up and operation.
At 420 College – it all begins with helping YOU to understand what is proper, lawful and appropriate!
Our hands on medical cannabis business start-up seminars or one-on-one consultations are perfect way to get started!
You get an intense 2 days of advanced information about how to start and operate a medical cannabis business in California. Find out how 420 College 2 DAY seminars can help you in your business, click here.
Get the California Marijuana College eBook & Video Course:
- 100 pages of business advise;
- Detailed breakdown of how to start & operate;
- Start a “dispensary”, delivery, grow & any other business in the industry;
- All forms to start & operate included;
- Continuing lifetime support;
