Cannabis events involve risks associated with large crowds, vendor liability, and product safety, alongside regulatory challenges. Here’s a list of the most common risks for cannabis events:

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Liability for Attendee Injuries

Cannabis events often involve large crowds, creating a risk of attendee injuries or accidents. General liability insurance protects event organizers from lawsuits and medical claims, ensuring financial security.

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Damage to Event Venues

Event venues may experience damage during cannabis events, whether from attendees, vendors, or equipment. Property insurance ensures coverage for repair costs, protecting the organizer’s relationship with the venue owner.

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Vendor or Participant Claims

Vendors or participants at cannabis events may file claims for damages to their products, equipment, or stalls. Liability insurance covers these claims, safeguarding event organizers from financial losses and legal complications.

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Product Liability Risks

If cannabis products sold or consumed at events cause adverse reactions, event organizers may face product liability claims. Product liability insurance provides protection against legal claims and financial damages.

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Regulatory Compliance Issues

Cannabis events must comply with strict state and local regulations, including licensing, consumption rules, and safety requirements. Non-compliance can result in fines, shutdowns, or reputational damage. While insurance policies do not directly cover non-compliance with state regulations, Frontier Risk can ensure that your business complies with all insurance requirements.

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Event Cancellation Risks

Unforeseen circumstances like weather, venue issues, or regulatory delays can lead to event cancellations, causing financial losses. Event cancellation insurance protects organizers by covering lost revenue and incurred costs.

Cannabis events come with risks such as accidents, vendor issues, and regulatory concerns. Insurance is important to ensure event organizers are covered against these potential problems. Here are the key types of insurance cannabis events typically need:

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General Liability Insurance

General liability insurance is intended to protect against third-party claims for bodily injuries or property damage at cannabis events, ensuring financial security and legal protection. This will often be a contractual requirement if you are throwing an event at a third party location. But most importantly, many times your current GL policy will not extend to the event because it falls outside the scope of the policy. Therefore, it’s essential to be transparent with your carrier to determine if they will cover it or if you need to obtain a separate event policy.

Product Liability Insurance

Product liability insurance is intended to cover claims related to adverse effects caused by cannabis products sold or consumed at events, safeguarding organizers from financial and legal risks.

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Property Insurance

Property insurance is intended to protect event venues, equipment, and supplies from risks like theft, damage, or vandalism, ensuring smooth operations and preserving the organizer’s reputation.

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Event Insurance

If your current General Liability, Product Liability and Property insurance policies do not extend to the event because the risk is outside the scope of your current policies, you will need to get an event policy. The last the duration of the event and the underwriting is specific to the event not necessarily your ongoing operations.

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Event Cancellation Insurance

Event cancellation insurance is intended to cover financial losses due to unexpected cancellations caused by weather, regulatory issues, or venue problems, ensuring organizers can recover incurred costs.

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Vendor Insurance Coverage

Vendor liability insurance is intended to cover claims made by vendors or participants for damages to their equipment or products during the event, reducing legal and financial risks for organizers.

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Workers’ Compensation Insurance

Workers’ compensation insurance is intended to provide coverage for employees or staff hired for the event, protecting against workplace injuries or illnesses and ensuring compliance with labor laws.

Cannabis Specialized

We understand the cannabis industry, your challenges as a business owner, and the license specific insurance you need.

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Fast Quoting

Our online quoting for cannabis insurance ensures that you receive quotes from the top carriers.

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Fair Prices

We offer fair insurance prices for cannabis businesses, providing equitable rates comparable to other industries.

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Easy Policy Management

Our customer portal allows you to conveniently manage your policies, download certificates, report claims, and more.

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Dedicated Support

Our dedicated support team puts your needs first, providing round-the-clock assistance. When you call, we'll be there.