Cannabis Industry Risks

We offer a holistic approach to Cannabis Industry Risks including all lines of coverages. We often carve-out aspects of each risk to create improved overall programs. We are proud to have become the largest wholesale broker of Cannabis risks, with expertise including:
FORAY - Property
Property
All risks of physical loss or damage to any owned property, including but not limited to greenhouses, manufacturing facilities, indoor cultivation, distribution facilities, dispensaries.
FORAY - Workers Compensation
Workers Compensation
All Cannabis Class Codes included. New Venture / New Hire accepted – as well as Mid term moves. We offer monthly reporting and billing as well as competitive base rates.
FORAY - Cargo and Stock Throughput
Cargo and Stock Throughput
Foray was the first to market with a cradle-to-grave stock throughput program for the cannabis industry offering leading premiums and selling price valuation
FORAY - Cash-In-Transit
Cash-In-Transit
Up to $5m limits for cash while in transit and up to $25m vault risks.
FORAY - Products Coverages
Products Coverages
Product Liability up to $10m in available limits
FORAY - Premise Liability
Premise Liability
FORAY - Builders Risk
Builders Risk

Target Classifications:

Cultivators
Wholesale Distributors
Laboratories
Processors / Harvesters
Transporters and Delivery
Manufacturers
Dispensaries and Retail

Other Coverages:

Commercial Auto (Primary/Excess)
Parametric Crop / Living Plant
Cyber Liability
Directors & Officers
Employment Practices Liability
Crime
Professional Liability
Surety (Tax Bonds, Destruction Bonds, License Permit Bonds)
Kidnap & Ransom
FORAY - Matt Lopez
Matthew Lopez
Matthew Lopez serves as Foray’s Cannabis Practice Leader with particular expertise in Property, Cargo & Stock Throughput, Cash in Transit, Builders Risk and Liabilities. Prior to joining Foray, Matthew led Cannabis divisions in several wholesale brokerage firms and well recognized as a pioneer the Cannabis Insurance Industry. Prior to insurance, Matthew served honorably as a United States Army Officer with deployments around the world.
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