Insuring your Cannabusiness.
A major issue with delivery and transportation companies is the cargo policy. Very few insurance companies currently will cover cannabis, hemp, and CBD loads. Same issue as above, it is due to the current Federal regulations. If you are not a dedicated cannabis transportation company, check your cargo policy language to make sure it does not exclude your load, note that a cargo policy is a named commodity policy. Meaning, if it is not specially disclosed on the policy it may not be covered. Also, you may need higher limits than the standard $100,000. You could be required to carry up to $1M by the companies you haul for, and this limit will reduce the insurance playing field even more.