Cannabis
With deep roots in agriculture, including cannabis, CopperPoint has the experience and insight to navigate the unique risks and challenges of the cannabis industry.
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Coverage in key businesses
| NAICS | WCIRB/NCCI | Description |
|
|
0005 |
(CA) Cannabis Seeding or Clone Growers |
|
111422/111998 |
0035 |
Cannabis/Hemp Growers Hemp Growers |
|
|
0035 |
for indoor growing |
|
|
0079 |
for outdoor growing |
|
445291/311821 |
2003 |
Cannabis Infused Baked Goods |
|
|
2163 |
Bottling (CA) Cannabis Infused Beverage Mfg NCCI 2157 |
|
541990 |
5411 |
Analytical or Testing Laboratories |
|
459999/ 456199 |
4825/4611 |
Cannabis Processing, Cannabis Infused Lotion or Similar Product Mfg |
|
445291 |
6504 |
(CA) Cannabis Infused Edible Mfg NCCI 2041 for gummies, 6504 for all other |
|
456110 |
8017(1)/8045 |
Retail Only Cannabis Operations |
|
424490/ |
8018 |
WHOLESALE STORES/ Classification 8018, Stores – wholesale, applies to the wholesale distribution of purchased and prepackaged cannabis products. Sales are primarily made to cannabis dispensaries or other dealers for resale and not to the general public. |
No appetite for risks in:
-
Ventures with no previous cannabis business experience
-
Delivery only operations
-
Unlicensed operations
-
Majority exposure outside CopperPoint’s core 15 state footprint
|
|
Cannabis Legalization*
*As of February 2026
- Alaska
- Arizona
- California
- Colorado
- Connecticut
- Delaware
- Illinois
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Missouri
- Montana
- Nevada
- New Jersey
- New Mexico
- New York
- Ohio
- Oregon
- Rhode Island
- Vermont
- Virginia
- Washington
- Washington D.C.