Cannabis plant

Cannabis

Cannabis

Cannabis insurance coverage

As this market rapidly grows, so does Hugh Wood Canada’s importance in delivering our knowledge and expertise to emerging and established LPs and LDs, small and large.

From breaking ground to the construction of a new facility or retrofitting an existing one to production, equipment, stock and transportation of cannabis, we can offer creative solutions to protect you from the evolving risk landscape.

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We offer solutions to

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Private Retailers & Dispensaries

Hugh Wood Canada’s many years of experience, and volume of clients, in manufacturing, retail and the service industry positions us as a leading specialist in this rapidly growing industry. Allow us to help navigate this industry’s unique sources of risks, including licensing regulations, good production practices and safety requirements, advertising rules, compliance and enforcement.

Cannabis under microscope

Testing Facilities

Hugh Wood Canada has provided specialized risk management and insurance solutions to the Life Science and Healthcare sector for many years. Our experience and volume of clients in this sector let us enjoy excellent relationships with the relevant insurers. Our expertise in understanding these risks is vital in structuring an appropriate insurance program for your facility, particularly in the areas of Errors & Omissions, Directors & Officers and Property.

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Owners & Investors

As investors in a constantly evolving marketplace, your insurance needs are specialized and unique in the insurance market. They have to provide asset and revenue protection for you and your board of directors and protect your investment from the initial groundbreaking through to full production. Hugh Wood Canada understands your business; we know how to converse effectively with your other advisors and arrange an insurance program that meets your needs.

Insurance

We can offer the following coverage

  • General Liability
  • Property
  • Business Interruption
  • Director & Officers Liability (Public and Private)
  • Crime
  • Errors and omissions liability
  • Cyber
  • Construction risks
  • Marine
  • Equipment Breakdown
  • Surety/ Bonding
  • Trade Credit
  • Terrrorism

If you would like to discuss your requirements in more detail