Cannabis

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Retailers & Dispensaries

We understand that dispensaries face a range of risks such as burglary, vandalism, fire, and theft. To protect against these, business typically rely on comprehensive coverage, including, general liability and product liability.

Cultivators

Cultivators face numerous risks, including fire, theft, and equipment breakdown. Insurance coverage for these operations often includes living plant protection, goods in process, finished stock, product liability, and business interruption coverage to safeguard against potential losses.

Processors & Manufacturers

Cannabis and hemp concentrate processors, along with manufacturers of edible products, are held to similar standards and regulations as those in the general consumer goods sector. Necessary insurance coverage often includes product liability to address potential risks.

Available in all states where cannabis is legal, excluding Hawaii, and Louisiana.

Cannabis Operators

Coverage Benefits

  • General Liability with or without Products Liability

  • GL available on either Occurrence or Claims-Made Form

  • Up to $1M/$2M Premises and Products Liability Available

  • Retro date available up to 5 years

  • Employee Benefits Liability Available

  • Property, including coverage from seed through sale

Appetite Profile

  • Target Sales: $15M and under

  • 35k max square feet per location

  • Up to $5M in Total Insured Value per location

Lessor’s Risk Only for Cannabis Tenants

Coverage Benefits

  • Up to $1M/$2M Liability limits Available

  • GL available on either Occurrence or Claims-Made Form

  • Property including building, ordinance/law, BPP, and property enhancement

  • BPP up to $500k per building

Appetite Profile

  • Up to $5M in Total Insured Value per location

  • 30k max square feet per location

  • Must have no more than 30% vacancy

  • 3 stories max

Attachments:

Cannabis Reference Guide.pdf
Cannabis Lessors Risk - Specimen Policy.pdf
Cannabis Policy Specimen.pdf
Cannabis Flyer.pdf
Cannabis Lessors Risk - Flyer.pdf