Medical and Recreational Cannabis

Legal marijuana in the United States is an emerging industry that is experiencing tremendous growth.  Our experts can help you navigate the new opportunities and challenges developing in this sector.

Target Classes

  • Growers / Cultivation Facilities
  • Manufacturers
  • Dispensaries
  • Landlords
  • Ancillary Companies

Minimum Premiums

  • General Liability: $1,500
  • General Liability + Product Liability: $4,500
  • Property: $2,500
  • Inland Marine / Transit: $1,500

Specializing in Placements

  • Butane and hexane chemical extraction exposures
  • LRO Exposure for Property with Cannabis Tenants
  • Growing, extraction, and processing exposure
  • General Liability / Product Liability for growers, processors, and dispensaries

Recent Successes

Cannabis Grower & Processor CGL including Product Liability $4,500 WA
Cannabis Marketing and Labeling Company CGL including Product Liability $4,600 WA
LRO - Tenant Cannabis Processor using Butane Extraction (Explosive Solvents) PROPERTY- Special Form Perils $10,522 WA
Cannabis Grower-Processor and Dispensary CGL including Product Liability $4,500 AK
LRO - Tenant Cannabis Dispensary - Retail Adult Use CGL -Premise Only and Property (Mono-line) $3,500 WA
LRO - Tenant Grow operation and processing exposure CGL -Premise Only and Property (Mono-line) $12,126 WA
LRO - Tenant's multiple Cannabis Growers and Processors PROPERTY- Special Form Perils $36,051 OR
LRO - Tenant Cannabis Dispensary - Retail Adult Use Property only $2,543 WA
LRO - Tenant Cannabis Dispensary - Retail Adult Use CGL-Premise Only $500 WA
Cannabis Grow Operation CGL-Premise Only $3,200 OR
Cannabis Transport Company Inland Marine - Coverage Cannabis Inventory $2,100 WA
Cannabis Grower and collective CGL including Product Liability $4,500 CA
LRO - Large Scale Cannabis Growing Operations and processing multiple Tenants Property and CGL Premise $98,456 OR

Cannabis Industry: Quick Facts

  • Legal marijuana is the fastest-growing industry in the United States.
  • In 2016, legal North American marijuana sales totaled $6.7 billion. This is an increase of over 24% from 2015.
  • National legal sales are projected to surpass $20 billion by 2021.
  • 26 states and the District of Columbia currently have laws legalizing marijuana in some form. Three other states recently passed measures permitting medical marijuana use, which will increase this number to 29.
  • Use of recreational marijuana is legal in DC and 8 states: Washington, Colorado, Oregon, Alaska, California, Massachusetts, Maine, and Nevada.

United States Cannabis Legalization (as of March 2017)


(sources: The Huffington Post, The Cannabist, Forbes, Governing, Business Insider)