Our mission at Purple Risk® is to provide superior insurance and risk management solutions to current and prospective clients in the legal cannabis industry by coupling tailored seed to sale insurance coverage and risk mitigation services, while maintaining enduring relationships with our insurance industry markets.
Our core values: dedication to professionalism and transparency; devotion to confidentiality and prompt communication; attention to detail and accuracy; and passion for innovation, insurance, and client satisfaction.
Our name is inspired by carefully cultivated cannabis with a deep purple hue that is affectionately called "purps". Renowned for high quality, potent yields known to help a myriad of health conditions from anxiety to insomnia to pain relief, the purple cannabis family includes Indica dominant varieties such as Purple Urkle, GDP, and Purple Kush.
Purple Risk® is dedicated to cultivating best-in-class cannabis insurance coverage and risk management services for our clients' unique business needs to help relieve the anxiety of, and exposure to, risks associated with the rapidly growing cannabis industry.
Our founder, David M. Kennedy, Esq., is an insurance broker and attorney with over fifteen years experience working with clients in risk management, coverage analysis, litigation, product development, and claims consulting. Passionate about innovation, insurance, and the plant, he launched Purple Risk® to bring custom risk solutions to the cannabis industry.
Our team of advisors is comprised of a diverse group of innovators with a broad depth of knowledge and experience in risk management, insurance, and legal and compliance counseling to highly-regulated industries including the cannabis industry.
Purple Risk® is active in the cannabis community. As an advocate for the plant, the cannabis industry, and personal freedom in general, we actively support the National Cannabis Industry Association, National Cannabis Risk Management Association, and other organizations normalizing the cannabis industry and reforming marijuana laws.
Our agency specializes in providing insurance solutions to the cannabis industry. We are constantly evolving, adding new states, and exploring new carriers and coverages to best protect and advise our clients.
As an independent broker, we offer coverages with leading carriers and program managers specializing in cannabis insurance, some with exclusive access. We can help you meet your insurance budget, satisfy state requirements, and protect your business with top-tier cannabis insurance products.