Cannabis Security
Insurance for Cannabis Security Companies
Coverage for security firms protecting dispensaries, cultivation facilities, processing plants, and cannabis transportation.
Cannabis security is one of the fastest-growing segments of private security, driven by legal market expansion and mandatory security requirements. Security companies face unique challenges from the federal-state legal conflict, high-value product protection, cash-intensive operations, and elevated robbery risk.
Cannabis Industry Risks
Cannabis businesses are among the most targeted for robbery and theft due to high-value product and large cash amounts. Security contractors face constant confrontation risk.
The federal classification of cannabis limits insurance market options and can result in higher premiums for specialized coverage.
Coverage We Recommend
- ●General liability from cannabis-aware insurers
- ●Professional liability for failure to prevent theft or robbery
- ●Armed guard coverage including firearms liability
- ●Commercial auto for product escort and transport security
- ●Workers' compensation for elevated confrontation risk
- ●Assault and battery for dispensary and cash transport assignments