Selected research
Industry Research
Cannabis Insurance Industry Research Report 2026
Market perspective
The global Cannabis Insurance market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Cannabis Insurance market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Cannabis Insurance market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Cannabis Insurance market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Cannabis Insurance include CannGen Insurance Services, Next Wave Insurance Services, S2S Insurance Specialists, Cannabis Insurance Company, NFP, G2 Insurance Services, Cannabis Cover, Cannasure Insurance Services and HUB International, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Cannabis Insurance market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Cannabis Insurance.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Cannabis Insurance Market by Company
CannGen Insurance Services
Next Wave Insurance Services
S2S Insurance Specialists
Cannabis Insurance Company
NFP
G2 Insurance Services
Cannabis Cover
Cannasure Insurance Services
HUB International
Burns & Wilcox
Marsh
Hudson Insurance
Tokio Marine HCC
CITA Insurance
Cannabis Insurance Segment by Type
Property Insurance
Crop Insurance
Liability Insurance
Others
Cannabis Insurance Segment by Application
Manufactures
Farmers
Others
Cannabis Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cannabis Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cannabis Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cannabis Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Cannabis Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Property Insurance
- Crop Insurance
- Liability Insurance
- Others
Applications
- Manufactures
- Farmers
- Others
Companies covered
- CannGen Insurance Services
- Next Wave Insurance Services
- S2S Insurance Specialists
- Cannabis Insurance Company
- NFP
- G2 Insurance Services
- Cannabis Cover
- Cannasure Insurance Services
- HUB International
- Burns & Wilcox
- Marsh
- Hudson Insurance
- Tokio Marine HCC
- CITA Insurance
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Cannabis Insurance by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Property Insurance
- 2.2.3 Crop Insurance
- 2.2.4 Liability Insurance
- 2.2.5 Others
- 2.3 Cannabis Insurance by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Manufactures
- 2.3.3 Farmers
- 2.3.4 Others
- 2.4 Assumptions and Limitations
3 Cannabis Insurance Breakdown Data by Type
- 3.1 Global Cannabis Insurance Historic Market Size by Type (2021-2026)
- 3.2 Global Cannabis Insurance Forecasted Market Size by Type (2027-2032)
4 Cannabis Insurance Breakdown Data by Application
- 4.1 Global Cannabis Insurance Historic Market Size by Application (2021-2026)
- 4.2 Global Cannabis Insurance Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Cannabis Insurance Market Perspective (2021-2032)
- 5.2 Global Cannabis Insurance Growth Trends by Region
- 5.2.1 Global Cannabis Insurance Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Cannabis Insurance Historic Market Size by Region (2021-2026)
- 5.2.3 Cannabis Insurance Forecasted Market Size by Region (2027-2032)
- 5.3 Cannabis Insurance Market Dynamics
- 5.3.1 Cannabis Insurance Industry Trends
- 5.3.2 Cannabis Insurance Market Drivers
- 5.3.3 Cannabis Insurance Market Challenges
- 5.3.4 Cannabis Insurance Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Cannabis Insurance Players by Revenue
- 6.1.1 Global Top Cannabis Insurance Players by Revenue (2021-2026)
- 6.1.2 Global Cannabis Insurance Revenue Market Share by Players (2021-2026)
- 6.2 Global Cannabis Insurance Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Cannabis Insurance Head Office and Area Served
- 6.4 Global Cannabis Insurance Players, Product Type & Application
- 6.5 Global Cannabis Insurance Manufacturers Established Date
- 6.6 Global Cannabis Insurance Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Cannabis Insurance Market Size (2021-2032)
- 7.2 North America Cannabis Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Cannabis Insurance Market Size by Country (2021-2026)
- 7.4 North America Cannabis Insurance Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Cannabis Insurance Market Size (2021-2032)
- 8.2 Europe Cannabis Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Cannabis Insurance Market Size by Country (2021-2026)
- 8.4 Europe Cannabis Insurance Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Cannabis Insurance Market Size (2021-2032)
- 9.2 Asia-Pacific Cannabis Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Cannabis Insurance Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Cannabis Insurance Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Cannabis Insurance Market Size (2021-2032)
- 10.2 South America Cannabis Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Cannabis Insurance Market Size by Country (2021-2026)
- 10.4 South America Cannabis Insurance Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Cannabis Insurance Market Size (2021-2032)
- 11.2 Middle East & Africa Cannabis Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Cannabis Insurance Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Cannabis Insurance Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 CannGen Insurance Services
- 12.1.1 CannGen Insurance Services Company Information
- 12.1.2 CannGen Insurance Services Business Overview
- 12.1.3 CannGen Insurance Services Revenue in Cannabis Insurance Business (2021-2026)
- 12.1.4 CannGen Insurance Services Cannabis Insurance Product Portfolio
- 12.1.5 CannGen Insurance Services Recent Developments
- 12.2 Next Wave Insurance Services
- 12.2.1 Next Wave Insurance Services Company Information
- 12.2.2 Next Wave Insurance Services Business Overview
- 12.2.3 Next Wave Insurance Services Revenue in Cannabis Insurance Business (2021-2026)
- 12.2.4 Next Wave Insurance Services Cannabis Insurance Product Portfolio
- 12.2.5 Next Wave Insurance Services Recent Developments
- 12.3 S2S Insurance Specialists
- 12.3.1 S2S Insurance Specialists Company Information
- 12.3.2 S2S Insurance Specialists Business Overview
- 12.3.3 S2S Insurance Specialists Revenue in Cannabis Insurance Business (2021-2026)
- 12.3.4 S2S Insurance Specialists Cannabis Insurance Product Portfolio
- 12.3.5 S2S Insurance Specialists Recent Developments
- 12.4 Cannabis Insurance Company
- 12.4.1 Cannabis Insurance Company Company Information
- 12.4.2 Cannabis Insurance Company Business Overview
- 12.4.3 Cannabis Insurance Company Revenue in Cannabis Insurance Business (2021-2026)
- 12.4.4 Cannabis Insurance Company Cannabis Insurance Product Portfolio
- 12.4.5 Cannabis Insurance Company Recent Developments
- 12.5 NFP
- 12.5.1 NFP Company Information
- 12.5.2 NFP Business Overview
- 12.5.3 NFP Revenue in Cannabis Insurance Business (2021-2026)
- 12.5.4 NFP Cannabis Insurance Product Portfolio
- 12.5.5 NFP Recent Developments
- 12.6 G2 Insurance Services
- 12.6.1 G2 Insurance Services Company Information
- 12.6.2 G2 Insurance Services Business Overview
- 12.6.3 G2 Insurance Services Revenue in Cannabis Insurance Business (2021-2026)
- 12.6.4 G2 Insurance Services Cannabis Insurance Product Portfolio
- 12.6.5 G2 Insurance Services Recent Developments
- 12.7 Cannabis Cover
- 12.7.1 Cannabis Cover Company Information
- 12.7.2 Cannabis Cover Business Overview
- 12.7.3 Cannabis Cover Revenue in Cannabis Insurance Business (2021-2026)
- 12.7.4 Cannabis Cover Cannabis Insurance Product Portfolio
- 12.7.5 Cannabis Cover Recent Developments
- 12.8 Cannasure Insurance Services
- 12.8.1 Cannasure Insurance Services Company Information
- 12.8.2 Cannasure Insurance Services Business Overview
- 12.8.3 Cannasure Insurance Services Revenue in Cannabis Insurance Business (2021-2026)
- 12.8.4 Cannasure Insurance Services Cannabis Insurance Product Portfolio
- 12.8.5 Cannasure Insurance Services Recent Developments
- 12.9 HUB International
- 12.9.1 HUB International Company Information
- 12.9.2 HUB International Business Overview
- 12.9.3 HUB International Revenue in Cannabis Insurance Business (2021-2026)
- 12.9.4 HUB International Cannabis Insurance Product Portfolio
- 12.9.5 HUB International Recent Developments
- 12.10 Burns & Wilcox
- 12.10.1 Burns & Wilcox Company Information
- 12.10.2 Burns & Wilcox Business Overview
- 12.10.3 Burns & Wilcox Revenue in Cannabis Insurance Business (2021-2026)
- 12.10.4 Burns & Wilcox Cannabis Insurance Product Portfolio
- 12.10.5 Burns & Wilcox Recent Developments
- 12.11 Marsh
- 12.11.1 Marsh Company Information
- 12.11.2 Marsh Business Overview
- 12.11.3 Marsh Revenue in Cannabis Insurance Business (2021-2026)
- 12.11.4 Marsh Cannabis Insurance Product Portfolio
- 12.11.5 Marsh Recent Developments
- 12.12 Hudson Insurance
- 12.12.1 Hudson Insurance Company Information
- 12.12.2 Hudson Insurance Business Overview
- 12.12.3 Hudson Insurance Revenue in Cannabis Insurance Business (2021-2026)
- 12.12.4 Hudson Insurance Cannabis Insurance Product Portfolio
- 12.12.5 Hudson Insurance Recent Developments
- 12.13 Tokio Marine HCC
- 12.13.1 Tokio Marine HCC Company Information
- 12.13.2 Tokio Marine HCC Business Overview
- 12.13.3 Tokio Marine HCC Revenue in Cannabis Insurance Business (2021-2026)
- 12.13.4 Tokio Marine HCC Cannabis Insurance Product Portfolio
- 12.13.5 Tokio Marine HCC Recent Developments
- 12.14 CITA Insurance
- 12.14.1 CITA Insurance Company Information
- 12.14.2 CITA Insurance Business Overview
- 12.14.3 CITA Insurance Revenue in Cannabis Insurance Business (2021-2026)
- 12.14.4 CITA Insurance Cannabis Insurance Product Portfolio
- 12.14.5 CITA Insurance Recent Developments
13 Report Conclusion
14 Disclaimer
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