Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Marijuana is legal in some form in 38 states and D.C. Cannabis businesses like dispensaries and cannabis cultivators face risks specific to the industry, such as theft, fire and lawsuits. For example, a customer could claim your product made them sick and sue your dispensary. You can think of cannabis business insurance as a small business insurance policy that contains several coverage types to address your business needs. Featured Partner Offers What Is Cannabis Insurance? Cannabis insurance is a small business insurance policy that is customized to address the risks specific to the cannabis industry. This includes problems such as workplace injuries, bodily injuries and property damage accidentally caused to others, crop failure and theft. Who Needs Cannabis Insurance? Here are some common types of small businesses that could benefit from cannabis insurance: Cannabis cultivators Cannabis delivery and transporters Cannabis dispensaries Cannabis manufacturers Cannabis wholesalers and distributors Hydroponic shops Medical cannabis physicians Testing laboratories What Does Cannabis Business Insurance Cover? A good cannabis insurance policy has a mix of several types of small business insurance that can cover […]