5 Essential Insurance Policies for Cannabis Businesses with Michael DeNault

06/12/2024 27 min Episodio 19
5 Essential Insurance Policies for Cannabis Businesses with Michael DeNault

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Episode Synopsis

Brian Weber dives into the complex world of cannabis insurance with Michael DeNault, cannabis practice executive at World Insurance Associates. They break down five essential insurance policies that every cannabis business should consider, including product liability, crop coverage, and employment practices liability. They address common risks in the industry and how businesses can protect themselves and their investments. Whether you're a grower, retailer, or manufacturer, this conversation offers advice about how to safeguard your operations and navigate the challenges of a highly regulated market.Chapters00:00:00 - The Hidden Risks of Cannabis Insurance00:00:55 - Meet the Insider Who Knows It All00:03:29 - Could a Lawsuit Destroy Your Business?00:08:16 - How to Save Your Crop From Disaster00:13:05 - The Real Cost of Employee Turnover00:15:55 - Are Your Facility Upgrades Fully Protected?00:20:03 - Why Leaders Can’t Ignore This Insurance00:25:49 - Your Next Steps to Stay ProtectedLinks and ResourcesMichael DeNault on LinkedInCannabis, Dispensary & Hemp Business Insurance | WorldwideFlourish SoftwareBrian Weber on LinkedInThanks so much for joining us this week. Want to subscribe to How to Flourish in Cannabis? Have some feedback you’d like to share? Connect with us on Spotify, Apple Podcasts, and YouTube to leave us a review!

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