Specialized Cannabis Coverage
Proprietary ISO-based BOP with cannabis-specific modifications designed for dispensaries, cultivation operations, and cannabis-related businesses in legal states.
Product Liability Protection
Comprehensive product liability coverage with occurrence and claims-made options, including specific protections for cannabis products with defined vape limitations.
Up to $5M Combined Limits
High coverage limits up to $5M per location with cannabis stock included as business personal property, covering up to 25 locations per policy.
Online Portal Access
Streamlined online portal for submissions and policy management, designed specifically for cannabis business operations and compliance requirements.
Why Cannabis Businesses Need Specialized Coverage
Most traditional insurance companies won't insure cannabis operations, leaving dispensaries and marijuana businesses with limited options and inadequate protection.
Traditional Business Insurance
- Refuses to insure cannabis businesses
- No product liability for cannabis
- Excludes marijuana-related operations
- No spoilage coverage for plants
- Limited equipment breakdown
- No regulatory compliance support
Our Cannabis Business Coverage
- Cannabis operations fully covered
- Comprehensive product liability
- Cannabis-specific policy modifications
- Spoilage coverage included
- Equipment breakdown protection
- Regulatory compliance expertise
Cannabis Business Insurance Complete Guide
What is Cannabis Business Insurance?
Cannabis business insurance provides specialized coverage for legal marijuana operations including dispensaries, cultivation facilities, and related businesses. This coverage includes general liability, product liability, property protection, and cannabis-specific modifications not available through traditional business insurance.
Why Do Cannabis Businesses Need Specialized Coverage?
- Industry Exclusions: Most traditional insurers exclude cannabis operations from coverage entirely
- Product Liability: Cannabis products create unique liability exposures requiring specialized protection
- Regulatory Compliance: Legal cannabis businesses must meet strict state licensing and insurance requirements
- High-Value Inventory: Cannabis stock represents significant value requiring specialized property coverage
- Cultivation Risks: Growing operations face unique spoilage and crop loss exposures
Who Needs Cannabis Insurance?
- Medical Dispensaries: Licensed medical marijuana dispensaries and retail operations
- Recreational Dispensaries: Adult-use cannabis retail stores and dispensaries
- Cultivation Operations: Indoor and outdoor cannabis growing and processing facilities
- CBD/Hemp Shops: Retailers specializing in CBD and hemp-derived products
- Vape/Tobacco Shops: Retailers selling vaping products and cannabis accessories
- Property Owners: Landlords leasing to cannabis operations requiring tenant coverage
Coverage Features and Limits
Our cannabis coverage includes up to $5M combined limits per location with cannabis stock included as business personal property. The proprietary ISO-based BOP includes cannabis-specific modifications, Products & Completed Operations coverage (both occurrence and claims-made), equipment breakdown protection, spoilage coverage, and ordinance & law coverage.
Product Liability for Cannabis
Comprehensive product liability coverage designed specifically for cannabis products with both occurrence and claims-made options available. Coverage includes specific limitations for vape products while providing broad protection for cannabis-related product liability claims.
Multi-Location Operations
Policies can cover up to 25 locations, making this ideal for cannabis businesses with multiple dispensary locations, cultivation facilities, or processing operations across legal cannabis states.
Legal States Coverage
Coverage is available in states where cannabis is legal for medical and/or recreational use. Our cannabis expertise ensures compliance with state-specific regulations and insurance requirements for licensed cannabis operations.
Online Submission Portal
Streamlined online portal designed specifically for cannabis business submissions, making it easier to apply for coverage and manage policies while maintaining the confidentiality required in the cannabis industry.