Insurance Solutions for the Cannabis Industry

Our cannabis insurance programs are designed for the needs of the marijuana industry.

Cannabis Insurance Pros (CIP) is a division of Safeguard Insurance LLC and is located in Las Vegas, Nevada. We have been in business since 1998. CIP is licensed in Nevada, Oregon, California, Washington, Maine, and Arizona.

cannabis insurance

At Cannabis Insurance Pros, we understand the unique insurance needs of the marijuana industry.

Our programs offer the right coverage for your business:

General Liability for your premises and any manufactured products.
Property Insurance for buildings, improvements, and contents.
Workers compensation for employee work-related injuries.
Commercial auto coverage for vehicles used in business.

Contact Us Today for a No-Obligation Insurance Proposal.

An End to the Cole Memo Era?

The Cole Memo In 2013, US Attorney James Cole issued a memorandum that instructed federal law enforcement and prosecutors to adopt a more "hands-off" approach to enforcement of marijuana laws in states that had legalized medical or recreational use. This shift in...

Cannabis Tax Booming in Nevada

Legal recreational marijuana sales began July 1, 2017 in Nevada. According to Nevada taxation officials, tax revenue from cannabis sales totaled nearly $3.7M. Total sales of marijuana was approximately $27M. That's a legitimate boom for Nevada and growing very close...

Nevada Marijuana Distribution Battle Headed to State Supreme Court

When Question 2 was approved by Nevada voters in 2016, it provided liquor distributors with an 18 month exclusive right to distribute marijuana from growers to retail stores. Recreational sales began on July 1, 2017 and within days the demand for cannabis had...

Banking for the Cannabis Industry

The legal cannabis industry continues to grow despite hurdles at the federal level. Banking for the cannabis industry, in particular, has been a challenge for many dispensaries, cultivators, and testing labs. Much of this difficulty stems from the 2013 Cole Memo and...

Legal Cannabis in Maine

On November 8, 2016, after a very close vote, marijuana was finally legalized in the state of Maine. That puts the state in a group of other 7 states and the District of Columbia which have made cannabis legal for recreational purposes, retail sale, and the taxation...

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