The aspiring businessman, who was found dead last month at the age of 27, died as a result of asthma, which he had suffered from for many years.
Inspector Michelle McKillop said on Thursday: “It is clear that this is a tragic and premature loss of such a hardworking and visionary young man.
“We extend our thoughts to the family at this sad time.”
The news that he died of asthma comes three days after the results of an initial post-mortem examination came back inconclusive.
Following the sad news of Stuart’s sad death, several stars who had worked with him over the years took to their Twitter to pay tribute, including fellow ‘Apprentice’ contestant Luisa Zissman and Lord Sugar, who described him as “one of the stand-out characters” from the BBC show’s history.
Nick Hewer, Lord Sugar’s former ‘Apprentice’ adviser, also offered his condolences, adding: “So sad to hear of Stuart Baggs' death. He will be remembered with affection by all who knew him on ‘Apprentice 6’.”
Stuart’s sister, Charlotte, later paid her respects with an emotional post on social media, writing: “Today my dearest brother Stuart Baggs gained his wings. To say we are all shocked and devastated is an understatement.
“Can't explain how proud I am of him. He was the King of following his dreams and making them happen.”
In the days leading up to his untimely death, Stuart had launched a new business venture, which aimed to bring 4G to the Isle Of Man, where he ran the company Bluewave Communications.