Insurance helps cannabis businesses comply with state laws and financially survive fires, theft, lawsuits, and costly accidents. Consult our licensed cannabis insurance specialist to get quotes for your business today.
State laws often require cannabis businesses to carry this coverage. It provides financial protection against common accidents, such as a slip-and-fall injury in a cannabis dispensary.
Learn more about general liability insurance.
This policy covers legal defense costs if a product harms a customer or damages their property. It's recommended for growers, sellers, and distributors of cannabis products.
Learn more about product liability insurance.
This policy covers the cost of replacing or repairing your business property if it is stolen, damaged, or destroyed. It's often required for a commercial lease.
Learn more about commercial property insurance.
As legalization of marijuana spreads, each state is establishing its own laws for cannabis insurance.
State laws typically require general liability insurance for all businesses in the cannabis industry, from cultivators to dispensaries. You'll need to research the laws in your state to find out how much general liability coverage you need.
Many states require cannabis businesses to carry a surety bond as part of their licensing requirements. A bond guarantees that your business will fulfill the terms of its contracts and pay its suppliers.
The specifics of your cannabis operations will determine other types of insurance coverage you need. For example, a landlord may require you to carry commercial property coverage.
Contact our licensed cannabis insurance specialist to find the right coverage for your budding business.