--- title: "Cannabis crop and stock insurance | CARMA" description: "Living plants, harvested material, work in process, and finished stock are different exposures. A crop and stock review should identify the location,..." canonical: "https://www.carma365.com/cannabis-insurance/crop-stock/" --- Insurance by coverage # Cannabis crop and stock insurance Living plants, harvested material, work in process, and finished stock are different exposures. A crop and stock review should identify the location, ownership, stage, valuation basis, environmental controls, and potential interruption affecting each category. Prepared by [CARMA Insurance](/about/) Reading time 1 min read Content updated August 12, 2026 Carma Insurance LLC [Business entity NPN 21134854](/licensing-disclosures/) Related CARMA expertise [Zimraan Shikari, Director, Underwriting](/experts/zimraan-shikari/) [How we publish guidance](/editorial-standards/) [Discuss crop and stock values](https://broker-forms-sandbox.pages.dev/application)[Start QuickQuote](https://broker-forms-sandbox.pages.dev/quoter-v2/)[Speak with the CARMA team](/contact/) Coverage and availability depend on the account, state, insurer and underwriting review. General information and nonbinding indications do not bind insurance; the applicable binder, policy, endorsements and law govern coverage. Important insurance information This guide is general information and does not determine coverage or legal requirements for your business. Policy terms, exclusions, conditions and available options vary. Contact the appropriate licensed insurance representative about your account, request confirmation of any coverage placed, and review the applicable insurance documents. An application, inquiry or nonbinding indication does not by itself bind or change insurance. Account brief ## What to clarify before discussing this account **Clarify** How are plant and stock values calculated at each stage and location? **Confirm** Which utility or environmental-control failure could damage the largest concentration of value? **Prepare** Values by location, ownership, product or plant stage, and valuation method [Discuss crop and stock values](https://broker-forms-sandbox.pages.dev/application) On this page 5 sections On this page [Separate values by stage and location](#separate-values-by-stage-and-location)[Connect stock values to environmental controls](#connect-stock-values-to-environmental-controls)[State questions](#state-questions)[Underwriting focus](#underwriting-focus)[What to send CARMA](#what-to-send) ## Separate values by stage and location Show plants, harvested material, work in process, finished products, packaging, and any property of others separately. Explain how values are calculated and how they change through a growing or production cycle. ## Connect stock values to environmental controls Describe lighting, irrigation, heating, cooling, ventilation, power, alarms, backup systems, maintenance, security, and response procedures. Identify which failures could affect more than one room or stage. ## Crop and stock questions to resolve - How are plant and stock values calculated at each stage and location? - Which utility or environmental-control failure could damage the largest concentration of value? - Who owns material at each stage, including customer, supplier, or consigned property? ## What CARMA wants the submission to explain These details help the team understand the account and identify the next useful question. They do not establish eligibility or available terms. - Separate living plants, harvested material, work in process, finished stock, and property belonging to others. - Show values by stage, location, ownership, valuation method, reporting method, and seasonal peak. - Explain environmental controls, backup power, water, alarms, security, testing, and inventory records. ## Records for a crop and stock review - Values by location, ownership, product or plant stage, and valuation method - Environmental-control, utility, alarm, backup, maintenance, and security information - Production cycle, storage, loss history, and business interruption details ## Can CARMA consider this account? CARMA confirms program fit, licensing, state availability, coverage options, and market interest for each account. This guide does not promise eligibility, terms, pricing, or placement. Important insurance and legal information CARMA's website provides general information only. It is not insurance, legal, tax, regulatory, underwriting, safety, risk-management, or claims advice. Nothing on this site is a quote, binder, policy, coverage determination, legal opinion, or promise of eligibility, availability, pricing, terms, limits, or placement. Only an issued policy and its endorsements can provide coverage, and their actual terms, conditions, limitations, and exclusions control. Sending information, following a link, or speaking with CARMA does not bind coverage, change a policy, or create authority to act for an insurer unless an authorized party confirms that authority in writing. Do not rely on this website to report a claim, request a policy change, satisfy a notice requirement, or meet a deadline. Use the instructions in the applicable policy or written communication. Laws, licensing, appetite, carrier participation, and external sources can change, so confirm time-sensitive matters with CARMA, the controlling source, and qualified advisers. [Read the complete website disclaimer](/legal-disclaimer/). [Back to top](#main-content) Continue researching ## Put this subject in the context of the full account. Account-specific review ## Bring CARMA the account. Retail agents, wholesale brokers, and business owners can start with the details they have. [Discuss crop and stock values](https://broker-forms-sandbox.pages.dev/application)[Start a business insurance conversation](/contact/)