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With the legalization of medical and recreational marijuana in more a...es is this program available in?The Marijuana Insurance program is available i...

...er they grow, sell, or distribute medical and/or recreational marijuana—ensuri...ng: Retail cannabis dispensaries (medical and/or recreational) Storefront...

Expertise. Solution. Service. Comprehensive Cannabis D&O and EPLI Coverage From MAXIMUM MAXIMUM offers a specialized Cannabis Directors & Officers (D&O) and Employment Practices Liability Insurance (EPLI) program tailored for the unique risks faced by cannabis businesses. As a wholesale broker with extensive experience in complex and emerging industries, MAXIMUM provides brokers and agents with access to both primary and excess coverage solutions—up to $10 million in limits—to help protect your clients’ leadership teams and employment practices. Ideal Accounts and Appetite This program is designed for licensed cannabis operations of various sizes and structures. We actively target the following classes: • Cultivators and growers • Dispensaries • Product manufacturers and processors • Retail cannabis stores Whether your client is a startup seeking funding or a multi-state operator expanding operations, MAXIMUM can provide scalable protection that addresses their evolving exposures. Coverage Highlights and Advantages Our cannabis D&O and EPLI solution offers flexibility and protection for both private and investor-backed entities. Key features include: • Limits up to $10MM, available on a primary or excess basis • Shared or separate limits for D&O and EPLI • Stand-alone or combined policy structure • Coverage tailored for board members, executives, and HR-related exposures This program helps protect against claims involving wrongful termination, discrimination, harassment, breach of fiduciary duty, mismanagement, and other common liabilities facing cannabis business leadership. Underwriting Notes and Submission Requirements To ensure appropriate risk assessment, MAXIMUM requires the following underwriting documentation: • Completed cannabis-specific application • Full business plan and operational overview • Organizational chart (including parent companies and subsidiaries) • List of board members and executive team • Capitalization table and ownership structure • Current and pro-forma financials, private placement details, and funding sources Retentions begin at $25,000 and may vary based on account size and risk profile. Territories and Availability This program is available in most states where cannabis is legalized or regulated. We currently write business in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY Most offerings are through non-admitted carriers, allowing for greater flexibility in coverage terms and underwriting. Why Work With MAXIMUM? At MAXIMUM, we are committed to delivering smart, responsive solutions for agents working in the cannabis space. Our underwriting team understands the regulatory and reputational challenges your clients face and works closely with you to design coverage that meets their needs. We don’t settle for off-the-shelf solutions—we craft strategies that align with your client’s business goals and risk tolerance. Have a vertically integrated cannabis operator seeking EPLI to satisfy investor requirements? Or a dispensary with a growing team concerned about employment liability? We can help you place these accounts with confidence. Please reach out to us today by phone or email with any questions and to discuss how we can assist in this process. Frequently Asked Questions What types of accounts are a good fit for this program?We target licensed cannabis businesses including cultivators, dispensaries, manufacturers, and retailers. Both startups and established operators are eligible. Can I submit an account with both D&O and EPLI exposures?Yes, we offer stand-alone or combined D&O and EPLI policies with shared or separate limits, depending on your client’s risk profile and needs. What documents are required for underwriting?We require a cannabis application, business plan, organizational chart, executive team list, financials, ownership structure, and funding details. What is the minimum retention?Retentions start at $25,000 but may vary based on the size and complexity of the account. Is this program available in all states?No, but we write in most states where cannabis is legal. Please check our list of eligible states or contact us for specific state availability. Need help placing an account? Connect with a market specialist.

The cannabis insurance market continues to expand and evolve. Amwins Program Underwriters’ Cannabis program delivers focused property & casualty solutions for the emerging risks cannabis and hemp businesses face. With low minimum premiums, streamlined applications and fast turnaround, Amwins Underwriting is positioned to be your one-stop market for placing coverage across the cannabis supply chain. Ideal accounts and appetite This program targets operators across the licensed cannabis and hemp industries. It is a strong fit for accounts that need standard property and liability protections tailored to cannabis exposures rather than bespoke, high-capacity or highly complex package placements. Dispensaries and retail operations Wholesalers and distributors Cultivation — indoor and outdoor Delivery and transport (including offsite/transit coverage) Manufacturers — extraction, infused products, bakeries Hemp, CBD and minor cannabinoid producers Testing labs and consultants Lessor’s risk for mixed-use properties (incidental habitational and non-cannabis tenants acceptable) Coverage highlights and advantages Amwins’ Cannabis P&C program offers both monoline and packaged options designed for cannabis-specific exposures. Underwriting is handled by underwriters experienced with this industry, which helps produce competitive terms and more consistent placements than generalist markets. Property — monoline or packaged solutions Equipment breakdown General liability and products liability Inland marine and property-in-transit endorsements Limits available include general liability up to $2m/$2m, products liability up to $1m/$2m and property limits to $15m per location, subject to underwriting and state availability. Underwriting notes and minimums The program keeps application requirements straightforward to enable quick quotes. Standard eligibility focuses on licensed operators with documented compliance programs and typical risk controls (inventory controls, secured storage, licensed transport procedures, etc.). The program’s stated minimum premium is $750. Large or unusually hazardous operations may require referral to specialty markets. Territories and availability The program is available in all U.S. states where cannabis or hemp is legal, including—but not limited to—the following jurisdictions: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. Availability and specific coverages may vary by state and local regulatory environment. Why place this business with Amwins Underwriting Amwins Program Underwriters combines targeted cannabis underwriting expertise with programmatic efficiency. You can expect underwriters who understand cultivation, manufacturing and retail exposures and who provide product options that reflect the unique operational risks of the industry. Example placements: A single-location dispensary seeking a packaged property and GL policy with transit coverage for deliveries. A mid-size indoor cultivator that needs equipment breakdown coverage and higher property limits at one primary location. For additional details, click here to visit our website. Frequently Asked Questions What types of cannabis accounts are a good fit for this program?This program fits licensed dispensaries, wholesalers, cultivators (indoor and outdoor), manufacturers (extraction and infused products), testing labs, delivery/transport operators and lessor’s risks with incidental non-cannabis tenants. Complex or high-capacity industrial operations may require referral. What coverages can I get through Amwins Program Underwriters’ Cannabis program?Agents can place property (monoline or packaged), equipment breakdown, general liability, products liability, inland marine and property-in-transit endorsements. Limits and specific terms depend on underwriting and state requirements. Are there minimum premiums or submission requirements I should know about?The program has a stated minimum premium of $750. The underwriting team favors straightforward submissions with clear licensing documentation, inventory controls and basic risk-management practices to enable quicker binding. Which states are eligible for placement?The program is available in U.S. states where cannabis or hemp is legal. State availability and coverages vary; confirm state-specific appetite and restrictions with underwriting on each submission. Need help placing an account? Connect with a market specialist.