Cannabis Insurance Brokerage

Cannabis insurance brokers earn 10-20% commission on policies.

Serving 50-200 clients generates $200,000-$1,000,000 annually with 85-95% margins.

In 2025, cannabis businesses need specialized insurance few carriers provide.

Services include general liability insurance ($5,000-$30,000 annually), product liability coverage ($10,000-$50,000), property and inventory insurance ($8,000-$40,000), crop insurance for cultivators ($5,000-$25,000), workers compensation ($10,000-$100,000), and cyber and data breach insurance.

Successful cannabis insurance brokers build carrier relationships, educate clients on coverage needs, provide competitive quotes, support claims, and offer risk management advice.

Ancillary service.

Marketing through cannabis businesses, industry associations, attorneys, and consultants.