CRB Businesses

Holding Companies

Often we find multiple corporations being involved during the growth of a medical marijuana business. One LLC may own the property/building and then another ‘C’ Corporation owns the vehicles used to transport the canna. Perhaps another ‘S’ Corporation or Partnership owns the license and rights to specific strains. A different company altogether could be renting …

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Distillation Companies

With the onset of medical canna being legalized in many states and commonwealths in the United States, this type of business will extract oils and other waxes from medical marijuana flower for use in various devices for which the distillate can be consumed (i.e. by vaporizing, burning, or ingesting, etc).

Research and Development

Similarly classified as medical marijuana testing labs, these outfits will certainly need some form of professional liability insurance. Otherwise known as malpractice insurance or errors and omissions, this type of insurance can help labs and other medical cannabis facilities protect their assets against their failure to do, or the failure to do something properly, among …

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Testing Laboratories

Within a regulated pharmaceutical type of industry, such products developed need extensive research and testing. If this is your business type, we have accessible insurance options. Usually the underwriting is more extensive with the regulated testing of products, however we can help find a solution that fits your needs.

Manufacturing

Vapes, Electrical Apparatus, Delivery Systems, and other ‘adult’ devices don’t need to be 100% assembled by you for you to be considered a manufacturer. Insurance Companies usually ask questions like, ‘are you helping to assemble any of the products sold?’ or ‘do the business re-label or place their own branding on products manufactured elsewhere?’

Marijuana Dispensaries

The retail side of the CRB industry. Typically storefront operations or stand alone buildings make up the majority of this classification. Different forms of Consumables could include : Pills, Extracts, Shatter, Wax, Oil, Budder, Resins, Liquids/Tinctures, Skin Ointments, Band-Aid type patches and whole or ground flower.