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| Forums > IC Magazine > Cannabis Business Network > Cannabis Business News > Dispensary Insurance Business Booming! | ||
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Let's Get Small!
Join Date: Jan 2004
Posts: 5,456
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Dispensary Insurance Business Booming!
Own a dispensary and need insurance to cover your losses in case of theft, spoilage or injury? There are insurance policies available from most major insurance carriers.
This is a "growing" business for insurance companies since the number of dispensaries in the US is growing rapidly. It seems the only thing they don't cover is legal expenses if you get busted. See the article below to find out exactly what these policies cover. https://www.sacbee.com/business/story/2371409.html
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"America's freedom lies in cannabis." - feltonmuggs "Prohibition is the gateway to fascism." - Treewizard |
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#2 |
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Cannabotanist
![]() Join Date: Dec 2005
Location: 39 N
Posts: 4,714
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I don't think the Administration in the white house realizes the number of jobs the hemp plant could create!
![]() Thanks once again skip! |
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#3 |
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Guest
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#4 |
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Let's Get Small!
Join Date: Jan 2004
Posts: 5,456
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True Amstel. Lots of growers don't see the upside FOR THEM of legalization. It's a whole new game starting, with different rules and different payoffs. You just need to be in the right racket to profit from it. As with insurance, there is no end to the new ways that marijuana will spark the economy.
As I said b4, get into the seed breeder biz and you'll have no probs. Demand will continue to grow.
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"America's freedom lies in cannabis." - feltonmuggs "Prohibition is the gateway to fascism." - Treewizard |
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#5 |
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Let's Go - Two Smokes!
Join Date: May 2007
Location: King of Donair
Posts: 1,568
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Sounds like those insurance companies are involved in money laundering and risk asset forfeiture by the DEA. Oh no wait, the DEA only goes after those that can't fight back.
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Get up, stand up. Stand up for your rights. B. Marley |
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#6 | |
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Senior Member
Join Date: Jul 2009
Location: Sanctum Sanctorum
Posts: 1,183
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There will always be a connoisseur market for MJ. But if growers on ICM think that a legal MJ market will favor their interests as commercial producers - or even favor the Humboldt Counties of the world - you're kidding yourself. This is what a legal MJ commercial grower looks like. And there is not a Richard Lee anywhere in sight, either: Now THAT is a Grow Op
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#7 |
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Let's Get Small!
Join Date: Jan 2004
Posts: 5,456
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I disagree Fatigues. As far as I can determine, once it's legal, there will be a lot more grows like that. Eddy Lepps grow was nearly that size. And there wasn't even a corporation behind it, just a collective of individuals. I've seen pix of Swiss grows bigger than that, and that was when it was ILLEGAL. Imagine when it's legal. Any biz with enough dough can do a setup like that.
I think you underestimate the resources and potential of ppl coming together and organizing huge grows like this. It's all about organizing your community. Again, Fatigues you and others here are still thinking in obsolete terms. Legalization changes everything. Which of you GROWERS right here on ICMAG will one day operate a LEGAL grow like the one above? Want to be able to do a HUGE GROW like that above? Then LEGALIZE IT!
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"America's freedom lies in cannabis." - feltonmuggs "Prohibition is the gateway to fascism." - Treewizard |
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#8 |
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Don't Drone Me, Bro!
![]() Join Date: Feb 2009
Location: On the Ponzi Bus
Posts: 5,961
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I would love to have an op like that. That's going to be the future of commercial growing. Industrial agriculture production like wine is around the world. I think the industry surrounding MJ might dwarf wine though. That's not even getting into hemp.
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Attic Buildout "You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew." Albert Einstien "WAR IS A RACKET"
US Marine Corp Major General Smedley Butler (July 30, 1881 – June 21, 1940) Most Decorated Marine at the Time of his Death |
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Puttin flame to fire
![]() Join Date: Sep 2009
Location: Horti-Pimpin ain't easy
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I don't think large scale commercial grows will help anyone, other than investors, and corporations. Homogenized product, cut throat business deals, it will only be a matter of time before big name corporations take over the industry. There will be room for small Micro Brewery types, but on the whole $ talks and bullshit walks.
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Don't Drone Me, Bro!
![]() Join Date: Feb 2009
Location: On the Ponzi Bus
Posts: 5,961
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Quote:
__________________
Attic Buildout "You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew." Albert Einstien "WAR IS A RACKET"
US Marine Corp Major General Smedley Butler (July 30, 1881 – June 21, 1940) Most Decorated Marine at the Time of his Death |
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