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Medical Marijuana Clinics Offered ‘Raid Insurance’

A new insurance option for medical marijuana facilities to protect themselves against raids has been made possible by MMD Insurance Specialists.

The Insurance Journal article says, “Medical marijuana raid coverage is designed to protect legally operating medical cannabis businesses. The coverage provides relief to cannabis operations raided by state or local law enforcement agencies provided the operations have adhered to all specified state and local cannabis-related guidelines and are found innocent of all raid-related charges.”

The insurance covers all facilities that are in states that currently allow medical marijuana but does NOT protect against raids by the DEA.

Source: Insurance Journal

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