MHP Group Insurance Blog

CBD product liability insurance is one of the most important—and most misunderstood—forms of protection for CBD brands, manufacturers, and retailers. As CBD products continue to expand into ingestibles, beverages, pet products, cosmetics, and wellness supplements, the...

The CBD industry continues to grow rapidly across the United States, spanning products such as tinctures, gummies, beverages, topicals, pet products, cosmetics, and wellness supplements. While CBD is federally legal under the 2018 Farm Bill when derived from hemp, the...

Product recalls are one of the most financially devastating events a cannabis business can face. A single contamination issue, labeling error, or regulatory non-compliance finding can force thousands—or even millions—of dollars’ worth of product off the market...

Cannabis businesses operate in a highly regulated, capital-intensive environment where even short disruptions can lead to devastating financial consequences. A fire, theft, equipment failure, or regulatory shutdown following a covered loss can halt operations for...

Cannabis distribution and transportation operations are the backbone of the regulated cannabis supply chain. Distributors move high-value, tightly regulated products between cultivators, manufacturers, testing labs, and dispensaries—often under strict state-mandated...

The cannabis industry faces one of the highest crime exposure profiles of any regulated business sector in the United States. From dispensaries handling large volumes of cash to cultivation and extraction facilities storing high-value inventory, cannabis businesses...

Cannabis extraction labs represent one of the most complex and high-risk segments of the cannabis industry. These facilities transform raw plant material into concentrates, oils, distillates, and infused ingredients—often using flammable solvents, high-pressure...

Cannabis dispensaries sit at the intersection of retail, healthcare-adjacent products, and strict state regulation. They manage high-value inventory, handle cash-heavy transactions, serve the public, and operate under rigorous compliance standards. These realities...

Cannabis cultivation is a high-reward business—but it is also one of the most fragile and risk-intensive operations in the commercial insurance world. A single equipment failure, power outage, or environmental shift can destroy an entire crop within hours, wiping out...

The cannabis industry operates under one of the most complex regulatory frameworks in the United States. While cannabis may be legal at the state level, businesses must still navigate strict licensing rules, compliance audits, and insurance requirements that vary...

Every business faces property-related risks—fire, water damage, theft, natural disasters, equipment breakdowns, and other unexpected events that can disrupt operations. The difference between a business that survives these challenges and one that does not often comes...

If a fire, storm, equipment failure, or other property loss forces your business to close temporarily, how long could you continue paying employees, rent, taxes, or loan payments? For many companies, even a short shutdown can create severe financial strain. That’s...