Designed for private companies in the Cannabis space, our Directors and Officers Insurance effectively addresses the coverage requirements of Cannabis firms with one comprehensive policy responsive to their particular needs.
TARGETED CLASSES OF BUSINESS
- Producers
- Distributors
- Dispensaries
- Business Consultants
- Research and Development
- Producers, Distributors or Retailers of CBD products
- Other businesses supporting the Cannabis industry
PROHIBITED CLASSES OF BUSINESS
- Testing Labs
- Healthcare
LIMITS AVAILABLE
- Up to $5 Million
COVERAGES AVAILABLE
- Primary D&O Liability
- Side A & Side B
- Side A available as a “Primary only” cover
- Excess D&O
- Enhanced Coverage Levels (Bronze, Sliver, Gold & Platinum)
In addition to the unique coverage solution for the cannabis industry, policyholders will have access to some unique helplines:
REGULATORY, COMPLIANCE, AND CLAIM PREVENTION HELPLINE
As part of your policy purchase, you have free access to a claim prevention consultation with national law firm Wilson Elser. An experienced attorney in Wilson Elser’s Cannabis Law Practice is available to provide you with up to one free hour of consultation to discuss cannabis-related Regulatory, Compliance, and Management Liability (i.e. Directors & Officers (D&O)) matters.
CAPITAL RAISING HELPLINE
As part of your policy purchase, you have free access to a Helpline managed independently by Sichenzia Ross Ference LLP (SRF). The attorneys at SRF integrate their corporate and securities expertise with their cannabis expertise by advising clients concerning their capital raising efforts.
HUMAN RESOURCES HELPLINE
As part of your policy purchase, you have free access to a Human Resources (HR) Helpline managed independently by Excelerator® Consulting Inc. The Excelerator HR consultants have real-world practical experience and advise cannabis companies on handling human resources, training, recruiting, payroll and HR compliance risks. Calls are confidential and free of charge for current Hudson policyholders.
Directors and Officers Application
1. Please download and fill out the pdf application:
2. Submit the completed application below: