Cannabis Business Owner Liability

Written by Tyler Cline

June 14, 2022

Can you insure THC & CBD edibles; gummies, chocolates, and more?

What You Need To Know from a Cannabis Insurance Agent In Colorado

About Cannabis Business Owner Liability

As a business owner in the cannabis field, what are you liable for? As a business owner in cannabis; whether recreational marijuana, medical marijuana, hemp, or CBD if you are a business owner, investor, venture capitalist, silent partner, admin, or CFO, you are responsible for insuring your business, and your assets, and your employees.

Things like employee insurance come to mind which is called workman’s comp insurance. product insurance, theft & fire, storage of others; Building Insurance. Crop Insurance and inventory Etc. and much more!

We have developed a checklist for Cannabis Business Owners’ Liabilities:

For Owners and Managers/Admin like you!

Please make sure you have insurance in place and are properly insured as a business owner in cannabis.

The days of “we didn’t know” are long gone when it comes to doing diligence in operating a cannabis co.

Here are the liabilities you should consider being the owner or operator of a cannabis business.

Whether grow/cultivation, lab, or retail dispensary the below should be considered!


  1. General Liability
  2. Products Liability
  3. Medical Expenses
  4. Damage to Rented Premises 
  5. Personal and Advertising Injury
  6. Completed Operations
  7. Bodily Injury
  8. Property Damage 
  9. Building Coverage
  10. Loss of Income
  11. Business Personal Property
  12. Equipment Coverage
  13. Completed Stock and Inventory
  14. Goods in Process
  15. Stored Product
  16. In Transit Product
  17. Commercial Auto 
  18. Cargo
  19. Excess liability aka Umbrella 
  20. Crop; seed, veg, flowering, harvested, curing, or cured.
  21. Professional Liability
  22. Errors and Omissions 
  23. Directors and Officers 
  24. Workers Compensation
  25. Employee Benefits
  26. Employee theft or dishonesty
  27. Spoilage
  28. Equipment Breakdown
  29. Sewer or water backup
  30. Valuable Papers and Records
  31. Cyber Liability
  32. Terrorism Coverage
  33. Pollution
  34. Earthquake, flood, 
  35. Event or tradeshow coverage 
  36. Hired and Non-Owned Auto

There are more options than what is listed, and these can all be built and tailored to a package that is perfect for you. Please call us today at 720-999-3345 and let us know how we can help get you started!

We are happy to answer any questions in regards to Cannabis Business Owner’s Liability and insurance!

Free insurance reviews and quotes: Let us broker your account and help find your best market option!

Ready to learn more about insuring your cannabis & hemp products? Then contact us at (720) 999-3345 or at You can also learn more about CIB at

Colorado-based and pushing the industry further one step and state at a time. Proudly serving all 50 states.

Contact Cannabis Insurance Business or call 720-999-3345 to start protecting your investments today!

Pushing the industry further one step and state at a time. Proudly serving all 50 states. – Cannabis Insurance Business of Loveland Colorado

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