Cannabis Product Liability Insurance

For a company that provides a product to its consumers, it is important that the product itself as well as the means to manufacture that product are well-protected. Without the product or the manufacturing equipment, it would be very difficult to actually run a successful business. If something unexpected and catastrophic happens, a business could lose its products and/or manufacturing equipment. Very few, if any, businesses could survive that kind of devastating loss, especially if they do not have the proper insurance. In the cannabis industry, companies have a more unique situation which makes things even more complicated, especially when it comes to insurance. 

As a cannabis grow, cultivation, and/or production company, you are able to manufacture a specific product. Your high-quality cannabis-infused edibles and non-edibles need to be protected as does your means to actually produce those consumables and non-consumables. In the case of the cannabis industry and your cannabis business, normal product liability and manufacturer insurance will not cover the products you manufacture or the equipment you use for production.

At OG Cannabis Insurance, we have the experience and knowledge in both the insurance industry as well as the cannabis industry to provide you with the coverage you need for your unique business. In the case that a disaster occurs relating to your crops or equipment, our product liability insurance will ensure that you can return to production as soon as possible without a serious threat to the viability of your business. We are able to cover your cannabis and non-cannabis products through our product liability insurance coverage package.

Product Liability Insurance for Cannabis Products 

OG Cannabis Insurance knows that it is critical for cannabis product manufacturers to have proper insurance to ensure that their businesses are able to remain secured even in the event of an expected circumstance or disaster. The first type of product liability insurance we include in our package is for cannabis products themselves. These include:

• Cookies
• Brownies
• Candy
• Drinks/Energy drinks
• Extracts

If your company produces other types of cannabis products, your insurance policy can definitely be appended to include those items. The product liability that will be part of your insurance policy will include:

• $1 million occurrence / $2 million aggregate limit
• Medical and recreational 
• Retroactive date (up to 5 years)
• Product recall / product withdrawal
• Duty to defend

As an insurance company that specializes in cannabis-related industries, we understand the difficulties associated with finding insurance for your products, and we seek to remedy those troubles. We know how important it is that your cannabis products are insured just in case a catastrophic event occurs, so we make sure that your policy is customized to meet the needs of your business.

Product Liability Insurance for Non-Cannabis Products 

Additionally, OG Cannabis Insurance knows that you may also manufacture, produce, or sell non-cannabis items at your business to accommodate all of your customers’ potential needs.. Because they are likewise an integral part of your company’s sales, we are happy to include them in your product liability insurance policy. These non-cannabis products may include:

• Grow equipment, amps, outlets
• Heavy/Light manufacturing equipment
• Vacuum ovens 
• Lighting
• Vaporizers
• Water pipes, pipes, filters
• Personal products such as soaps and candles, among others
• Clothing 

This is not an exhaustive list, so anything else that you may offer at your business can be included in your product liability insurance policy through OG Cannabis Insurance. We can also cover CBD manufacturers as a part of our product liability coverage because we understand that CBD is another vital aspect of the cannabis industry. 

OG Cannabis Insurance is well-versed in all aspects of the cannabis industry from growing to manufacturing to dispensing to testing and beyond, so we know that each area of the industry has its unique needs. We have developed comprehensive coverage plans for each facet of cannabis and CBD products and services, so you will know that your company is covered.

Protect Your Cannabis Business with OG Cannabis Insurance 

At OG Cannabis Insurance, we are well-versed in the issues associated with insuring businesses in the cannabis industry. We seek to make sure that your cannabis product company is set up to succeed no matter what may happen. Because the cannabis industry is unique, we do not recommend or offer an umbrella-type insurance plan because there are simply too many loopholes and tricky areas that may not be covered. For a company like yours, we strongly suggest a customized insurance plan that is sure to cover all of the things in your business which are most essential to its success. Plus, you wouldn’t want to pay for insurance on things that you don’t have or use. 

In addition to our product liability insurance, we are also proud to offer the following:

• General liability insurance 
• Cannabis cultivation insurance 
• Marijuana dispensary insurance 
• Cannabis laboratory and testing facility insurance
• Workers compensation for cannabis insurance
• Cannabis commercial auto and cargo insurance
• Special event insurance
• Cannabis license surety bond insurance
• Cannabis lounge/cannabis club insurance

Whatever your cannabis-related business requires, OG Cannabis Insurance has you covered so that you can rest assured knowing your company will be able to survive a catastrophic event. Protect the things that are most important to your business with product liability insurance that you can rely on and believe in. 

Contact OG Cannabis Insurance Today

Do you own and operate a business in the cannabis industry and need insurance to protect your products and manufacturing equipment? At OG Cannabis Insurance, we are dedicated to helping companies like yours in the cannabis industry grow and prosper by providing you with all of the insurance coverage you need. We have the knowledge, skills, and experience to deliver insurance that is customizable for your particular business. 

Contact us today to learn more about all the coverage packages we offer, including product liability, and to get a free quote for your business. Don’t let your company go up in smoke in the event of a catastrophic occurrence due to a lack of insurance!