Insurance for Cannabis Service Providers

Cannabis laws have been passed in a majority of states for medical use, and in a lesser number for recreational use. The industry is growing rapidly with both active providers and specialized support services. Despite the federal prohibition, a few markets are providing GL/Products, E&O, D&O, EPL and Crime coverage to various entities including direct participants, such as growers, manufacturers and dispensaries, and to a range of support services. The market is expected to continue to grow fast.

The insurance industry is having difficulty keeping pace because of the potential of federal and state legal conflicts. There are a few markets providing coverage, although some markets are more restrictive than others. Beyond the standards GL, Property and Workers Comp coverages, there are a range of specialty markets for both cannabis providers and support services. Specialty coverages include Products Liability, E&O, D&O, EPL, Crime and Cyber Risk Insurance.

Specialty services include:

  • Consultants
  • Technology Services
  • Physician filling prescriptions
  • Security Services
  • Labs

Please let us know your client's specialized Cannabis insurance needs and we will provide you with information and assistance with your particular situation or account.

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Tennant Risk Services
124 LaSalle Road
West Hartford, CT 06107
Phone: (860) 519-1301
Fax: (860) 216-5845

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