Cannabis Manufacturers Insurance

Cannabis Product Manufacturers

Cannabis manufacturers need to examine each of their own risk profiles to understand which insurance options will address their business risks.

Get A Free Quote

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.
Cannabis Insurance

Protection

Insurance Coverage and Protection for Cannabis Product Manufacturers

Cannabis manufacturing continues to have growing potential as a profitable business investment due to the rapid expansion of the retail market. However, there are several issues that cannabis manufacturing companies often face that threaten the livelihood of their operation, and insurance is necessary to protect against those threats.

Cannabis manufacturers face many laws and regulations to ensure compliance. These laws can pose serious threats if non-compliance issues arise. It is crucial for cannabis manufacturers to invest in cannabis-specific insurance policies to protect their production operations, assets, employees, and long-term future.

Protection

Cannabis Manufacturing Laws and Regulations

Each state determines specific cannabis manufacturing laws that require adherence to ensure the safety of all parties including the customer. Non-compliance results in excessive fines and for many businesses total losses. 

State regulations also decide which data obtained by the lab must be listed on the packaging of the cannabis products. 

Regardless of the market, cannabis manufacturing facilities are at a considerable risk of legal liability issues that could result in significant financial losses.

The following is a list of cannabis product packaging laws that are widely respected by manufacturers within the industry, but not necessarily applicable to all locations.

Completed Operations Coverage
Risk Management Cannabis

Protection

Cannabis Manufacturing Risks and Liabilities

Accidents happen and sometimes contaminants find their way into products during the manufacturing process. Cannabis manufacturers are at an elevated risk of legal repercussions when these products reach the hands of consumers. 

Millers Insurance Group offers policies that meet the needs of cannabis manufacturers — supplying coverage for cannabis product manufacturing, including cannabis product insurance, and ensuring employee protection. 

Cannabis manufacturing insurance has the potential to protect cannabis businesses from several liability issues.

Suggested Coverages

Read more about the policies below or contact us for a free consultation and quote!

General liability insurance provides protection for your business in the event of a lawsuit.

General Liability Coverage

Business Owner's Policy (BOP) Coverage

Business Owners Policy

The Risk of Losing Your Crop

Crop Insurance

Product liability occurs when a person or company is held liable for damages caused by defective products. It can also be applied to cases where the product does not work as intended or does not have adequate warnings or instructions for use.

Product Liability Coverage

Cyber liability insurance is a type of coverage designed to protect companies from financial losses resulting from data breaches or cyber events.

Cyber Liability Coverage

What does errors & omissions insurance cover?

Errors & Omissions Coverage

All Risk Property Coverage

All Risk Property Coverage

If you operate a cannabis business, you probably already have coverage for the physical aspects of your operations. But what about the income loss that can be incurred when you are forced to shut down or lock down due to an unforeseen event?

Business Interruption Coverage

Worker’s Compensation Coverage

Worker’s Compensation Coverage

Our Blog

We love the cannabis industry, and we’re confident you’ll learn something new each time you visit.