Cannabis Insurance

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

Cyber Liability
EPLI
D&O
Product Liability

Equipment Breakdown
Crop Insurance
Excess Liability