Cannabis Insurance Solutions for Licensed Marijuana Businesses
Protect Your Cannabis Business With Industry-Specific Coverage Built for Risk, Regulation & Growth Operating a cannabis business comes with unique risks that traditional insurance policies simply don’t cover. From strict state regulations and federal uncertainty to high-value inventory, cash exposure, and product liability, cannabis operators need insurance built for the marijuana industry.
Why Cannabis Businesses Need Specialized Insurance
Many cannabis operators mistakenly rely on standard commercial insurance policies—only to discover exclusions related to controlled substances, cash handling, or product liability after a loss occurs.
Cannabis insurance is different because:
Marijuana remains federally illegal
Policies must align with state licensing requirements
Inventory values fluctuate rapidly
Claims frequency is higher due to theft, fire, and contamination
Many carriers exclude cannabis by default
MHP Group works with cannabis-friendly carriers that understand these risks and actively underwrite marijuana businesses—ensuring your coverage responds when it matters.
Cannabis Insurance Coverage Options We Offer
Cannabis General Liability Insurance
Protects your business from third-party claims involving bodily injury, property damage, or advertising injury related to cannabis operations.
Ideal for:
-
-
Dispensaries
-
Growers
-
Manufacturers
-
Ancillary service providers
-
Cannabis Product Liability Insurance
Essential for any business involved in producing or selling cannabis products.
Covers claims related to:
-
-
Contaminated products
-
Improper labeling
-
Adverse reactions
-
Manufacturing defects
-
Cannabis Property Insurance
Protects your physical assets including:
-
-
Buildings
-
Grow facilities
-
Equipment
-
Inventory (including harvested and processed cannabis)
-
Coverage can be structured for:
-
-
Indoor grows
-
Outdoor grows
-
Greenhouses
-
Dispensary retail locations
-
Cannabis Workers’ Compensation Insurance
Required in most states for cannabis employers.
Covers:
-
-
Employee injuries
-
Medical expenses
-
Lost wages
-
Employer liability
-
Cannabis Commercial Auto Insurance
Coverage for:
-
-
Delivery vehicles
-
Transport between facilities
-
Employee-driven company vehicles
-
Cannabis Cyber Liability Insurance
Protects against:
-
-
Data breaches
-
POS system hacks
-
Customer data theft
-
Ransomware attacks
-
Cannabis Umbrella & Excess Liability
Adds additional liability protection above primary policies to safeguard your business from catastrophic claims.
Who We Insure
Licensed Cannabis Dispensaries
Cannabis Cultivators & Growers
Cannabis Manufacturers & Processors
Cannabis Distributors & Transporters
How Our Cannabis Insurance Process Works
1. Risk Assessment
2. Carrier Matching
3. Custom Policy Design
4. Ongoing Support
Frequently Asked Questions About Cannabis Insurance
Is cannabis insurance required by law?
Yes. Most states require cannabis businesses to carry specific insurance types such as general liability, product liability, and workers’ compensation.
Can I use standard business insurance for a cannabis company?
No. Most standard policies exclude cannabis-related activities, leaving your business exposed.
How much does cannabis insurance cost?
Costs vary based on business type, revenue, location, inventory value, claims history.
Does cannabis insurance cover theft and robbery?
Yes, when properly structured. This often includes cash, inventory, and equipment coverage.
Can multi-state operators get coverage?
Yes. We specialize in structuring compliant insurance programs for multi-state cannabis operators.
Get a Cannabis Insurance Quote Today
Your cannabis business deserves insurance that works as hard as you do.
MHP Group helps cannabis operators secure reliable, compliant, and affordable insurance coverage—without gaps or guesswork.