• Cannabis Insurance

    Cannabis-leaf-hemp

Cannabis Insurance

Over the last 6 years recreational cannabis use has become legal in 8 states. As of 1/01/2018 recreational usage of marijuana is legal in California. According to IBIS World, the cannabis industry is a rapidly growing industry with expected annual growth rates of 28% over the next 4 years! Tagrisk Insurance Services has a strong working relationship with the insurers active in this niche market and wants to help your cannabis operation succeed. This highly regulated industry will go through many changes in the upcoming years and you can rely on Tagrisk to provide updated information and coverage for the cannabis industry.

Risk Appetite

Our risk appetite extends from seed to store. The types of risk we embrace are:

Dispensaries - Retailers

  • Medicinal
  • Recreational

Manufacturers

  • Manufacturers of:
    • Oils
    • Extract Capsules
    • Bottles
    • Medical Edibles
    • Bakeries
    • Cannabis Goods both durable and non-durable

Transporters

  • Delivery Services of Cannabis Products
  • Armored Transporters

Wholesalers and Distributors

  • Wholesalers of Cannabis Related Products
  • Distributors of Cannabis Related Products

Cultivators

  • From Seed to Sale
    • Seeds in vegetative growth stage
    • Plants in the drying and curing stage
    • Plant ready to sale

Property Managers/Landlords

  • Greenhouses
  • Office Buildings
  • Warehouses
  • Industrial Properties
  • Property Outbuildings
  • Office Condominiums
  • Parks
  • Shopping Centers
  • Strip Malls
  • Property Management Groups

Ancillary Businesses

  • Harvesters
  • Processors
  • Laboratories
  • Testing Facilities
  • Head Shops
  • Hydroponic Stores

Coverage Options

  • General Liability
  • Workers Compensation
  • Commercial Property
  • Business Income
  • Equipment Breakdown
  • Crop Insurance
  • Cyber Liability
  • EPLI
  • D&O
  • Product Liability
  • Excess Liability