Cannabis Sales in North America, the Caribbean, Europe, and Sectors of Latin America
Whether wholesale, retail, or online, sales are integral to the success of the cannabis industry. If you own a hemp or marijuana business that handles sales, you must consider insurance to protect your business. With over 20 years of expertise, GreenWrap Insurance Solutions offers comprehensive and customized coverage packages to cannabis companies in sales and other parts of the industry throughout North America, the Caribbean, Europe, and sectors of Latin America.
Hemp and Marijuana Sales Sectors We Serve
Following a seed-to-sale philosophy, we provide personalized insurance policies to companies across the entire marijuana and hemp supply chain. In the sales sector, our services extend to the following businesses:
Dispensaries
Medical and recreational cannabis dispensaries face numerous hazards, from vandalism and theft to fires and natural disasters. Our policies protect your establishment from career-damaging losses.
Properties
Investors, landlords, and tenants of cannabis facilities need insurance to cover property development, builders’ risk, lessor’s risk, and special endorsements. Our broad property policies protect both single dispensaries and complete real estate portfolios. We also strive to form straightforward paths to coverage by complying with banks, building codes, permits, and state regulations.
Ancillary Businesses
Outlying cannabis organizations, like CBD supplement manufacturers and vape shops, also require insurance even though they do not work directly with the plant. Our coverage packages safeguard these ancillary businesses to ensure the entire industry operates smoothly.
Insurance for Cannabis Sales Businesses
We offer coverage packages that meet the specific needs of any publicly traded or private cannabis business. Our nationally licensed agents diligently protect each client’s business with custom-tailored policies, from general insurance to more complex coverage. Ask us for more information about the following:
General and Product Liability
Necessary for all sectors of the cannabis industry, this insurance protects your business against claims of bodily injury or property damage by a third party. Such policies can be lifesaving if you are found responsible for the medical and repair expenses. The coverage also insures your company against defamation, copyright infringement, and legal defense costs.
Professional Liability
Your client may be displeased with your company’s work and file a lawsuit against it. If they prove that your mistake caused them suffering, you could face errors and omissions claims. Professional liability, also known as malpractice insurance, helps your business pay for costly errors. This coverage is beneficial even if you are not liable in the end because it helps pay legal defense fees.
Property Coverage
Property insurance safeguards tangible possessions, business income loss, and extended endorsements from wind, fire, and other perils. These policies protect items when they are being transported or stored and cover multiple locations, deductibles, and limits to suit your specific needs.
Business Auto Insurance
Numerous occupations in retail cannabis companies use automobiles for daily operations, including deliverers, lab workers, and manufacturers. If an accident occurs and your business is at fault, commercial auto coverage can help you pay for medical costs or damaged property.
Workers’ Compensation
Workers’ compensation protects employees if they experience illness or physical injuries while working. It also helps you pay for the affected employee’s bills or benefits. Be aware that all states require this coverage once your company reaches a certain number of workers.
Request a Consultation with GreenWrap Insurance Solutions Today
Cannabis companies that conduct sales need proper insurance policies to protect their operations. GreenWrap Insurance Solutions is a one-stop shop for customized insurance coverage that meets the precise needs of hemp and marijuana enterprises across North America, the Caribbean, Europe, and sectors of Latin America. Contact us today to schedule a consultation and learn more about our policie