GRAND RAPIDS – As Michigan begins to license medical marijuana businesses, a new association seeks to offer an array of financial services to the industry.
The Grand Rapids-based Michigan Cannabis Risk and Financial Association LLC wants to connect medical marijuana growers, processors, testing facilities, distributors and sellers with insurance and other professional services they need for their businesses.
Under one deal already in place, CannGen Insurance Services LLC offers discounts to association members for property, liability, product and professional liability, workers’ compensation and commercial automobile liability coverage.
Association founder and Director Kevin Cross hopes to have five to 10 insurance and risk management products available for members by mid July.
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