Cannabis Business Insurance Essentials

Navigating Insurance Challenges in Michigan’s Cannabis Sector

Pete Vredeveld from OVD Insurance and Lance Boldrey, leader of Dykema’s Cannabis Industry group shed light on strategies for licensees to tackle market dynamics and regulatory barriers, reducing expenses and ensuring proper coverage.

In Michigan, cannabis companies face a variety of obstacles — regulatory complexities, limited market choices, and industry-specific risks — making it tough to secure adequate and cost-effective insurance. Their discussion will touch upon prevailing industry trends, insights into Michigan’s cannabis regulatory framework, including recent agency stances, and a brief overview of potential federal developments and their implications.

Catch the episode here: