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Cannabis insurance
Protect your weed business with cannabis insurance
As a relatively new industry, the cannabis sector is booming with growth. Individuals need to know how to protect their businesses and assets. This cannabis insurance coverage is necessary to ensure the continued operation of small and large businesses in Quebec.
The production and sale of cannabis is a new industry. As such, cannabis insurance in Canada is also relatively new. Many insurance companies are still trying to understand the risks involved. From the moment the Cannabis Act on October 17, 2018, several new regulations were implemented to control cannabis distribution.
Which company can we insure?
Licensed businesses, regardless of size, active in the Canadian medical and recreational marijuana industry:
- Cultivators
- Production and manufacturers
- Distributors
- Laboratory
- Medical cannabis clinics
- Subcontractor
If you're a business owner, don't worry. At Assur360, we have cannabis insurance brokers. If you're looking for good business insurance for cannabis production, we're the brokers you need.
Insurance for cannabis laboratories, clinics and producers
Product liability
Licensed producers are responsible for proper testing to ensure that cannabis products are both sold and labeled correctly. Controlling the quality of your product is essential to your business, especially in the cannabis industry, so we're here to make sure you have the right coverage in place to protect you.
Cyber security responsibility
Collecting your customers' personal information opens you up to potential data breaches, malware, ransomware or other forms of cyber-attack. Rogers has the cyber-risk experts to guarantee you the protection you need to avoid any adverse situation.
Product recall
Marijuana is still newly legal in Canada. In the event of a mandatory recall (by the Canadian government) or voluntary recall due to a malfunction or error in your product, we'll make sure you have the extensions in place to protect yourself and avoid a loss of profit.
Always talk to a insurance broker Assur360 this text is for information purposes only.
