Specialties Cannabis

Cannabis

Unique Risk Management Solutions for this Growing Industry.

Medical and recreational marijuana sales are expected to reach into the billions in the U.S. by 2023. The market’s rapidly changing landscape presents unique risk management considerations for those involved in the cultivation, production, dispensing and sale of cannabis and cannabis-derived products.  

Cannabis Coverage through Burns & Wilcox can help your clients manage the unique risks associated with operating regulated dispensaries and nurseries. The coverage also helps manage risks for building owners and leased facilities. Each account is handled with industry expertise, strong market and carrier partnerships and a solutions-based approach to help insureds understand the needs of the customer. 

The State of Cannabis

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Cannabis Insurance Market Overview

The U.S. cannabis market is rapidly expanding with more states legalizing recreational use and an array of new products being produced every year. Rhode Island became the 19th state to Read More

Cannabis Webinar

Recent Cannabis Wins

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$121,000

POS AND WEB SITE FOR CANNABIS

$70,000

CANNABIS EDIBLE MANUFACTURER

$65,000

GENERAL LIABILITY & EXCESS LIABILITY - CANNABIS RETAILER

$27,000

CBD AND MARIJUANA RETAIL OPERATION

Areas Of Specialty

Dispensary/Retail Stores
  • Recreational Dispensary 
  • Medical Dispensary 
  • CBD Retail Stores 
  • Online or Brick & Mortar Sales 
  • Smoking Accessories 
Cultivation & Grow Operations
  • Outdoor Cultivation 
  • Greenhouses 
  • Indoor Cultivation 
  • Bulk/Wholesale 
  • Seeds/Clones 
Extraction and Plant Oil Processing
Testing Labs
Lessor’s Risk Only with Cannabis tenants
Product Manufacturing
  • Oils/Tinctures  
  • Supplements/Capsules 
  • Food Products/Edibles 
  • Topical/Cosmetics 
  • Smokable Products including Vapes 

Available Products

  • General Liability
  • Premises Liability
  • Product Liability
  • Property (including indoor Crop)
  • Builders Risks
  • Inland Marine
  • Professional Liability
  • Directors & Officers Liability

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Knows our market very well. Able to place difficult risks quickly. Great response times!

-A.J. M., Client, Indianapolis, Indiana