Ingestible CBD/Hemp Insurance
Protect Your Business
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$1 Million Occurrence
$2 Million Product Liability
$2 Million Aggregate Limits
Canopy and Ingestible CBD/Hemp Insurance
The CBD/hemp industry is quickly evolving and expanding—you need a knowledgeable agent who understands the intricacies of working with ingestible CBD/hemp products and who can help you navigate the risks involved.
You’ll find that many insurance companies turn down coverage for CBD/hemp retailers, manufacturers, and distributors. We at Canopy are dedicated to keeping your ingestible CBD/hemp products business safe. We cover businesses that fall within the legal limits of 0.3% THC.
Stay Covered As Your Business Grows
With CBD/hemp products expanding dispensaries, bakeries, cultivators, and more, you need insurance that can keep up with your operational growth. We cover both large and small businesses, so even if you’re just starting out, Canopy is here to help you grow.
Product Liability Coverage
Ingestible CBD/hemp products come with a variety of risks. Product liability coverage may help you cover a variety of claims, including defective manufacturing and/or design as well as defective warning/instruction.
General Liability Coverage
General liability insurance can protect you from the costs of a number of claim types, such as property damage or bodily injury.
CBD/Hemp Insurance Highlights
- 24-48 Hour Quote Turnaround
- Low Minimum Premiums
- $1 Million Occurrence/$2 Million Product Liability/$2 Million Aggregate Limits
- True Worldwide Coverage
- Blanket Additional Insureds—Vendors; Waivers of Subrogation; Primary & Non-Contributory
- Limits up to $50 Million
- Inland Marine Coverage
- Hired/Non-Owned Auto Coverage
- Employee Benefits Liability
- Trade Show Coverage
- Product Withdrawal Coverage
- Pollution Legal Liability Coverage
Eligible: Ingestible hemp & CBD products containing no more than 0.3% THC
Questions About CBD/HEMP Insurance
Choosing the right insurance is critical. You can’t afford gaps in your coverage that could put you out of business.
What is CBD/Hemp Insurance?
CBD/Hemp insurance safeguards your business if you are sued because of your operations. You may be held financially liable for injuries, allergic reactions, or damages arising from the CBD/hemp products your business manufactures, distributes, or sells
Legal costs can be financially devastating, even if you aren’t found liable by the court. With the right CBD/hemp insurance coverage, you'll have the support you need if something goes wrong.
Why Should I Have CBD/Hemp Insurance?
CBD/Hemp insurance is essential to add to your company’s risk management strategy. With the help of insurance, you can financially safeguard your business if you’re faced with a third-party lawsuit. Legal fees and defense costs can be detrimental enough that you could have to close your business. However, with proper CBD/hemp coverage, you can have peace of mind knowing you may not have to deal with a claim alone.
How Much Is CBD/Hemp Insurance?
Your ingestible CBD/hemp insurance coverage will be tailored to meet the needs of your business. The price depends on a variety of factors, such as the size of your business, sales revenue, coverage amount desired, and much more. When you complete an online application, you will receive a quote within 24-48 hours and one of our licensed agents can assist with further questions.
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