Cannabis

Many cannabis businesses deal entirely in cash, which makes it hard to operate while under significant risk from theft.

One of the latest trends is retail consumption lounges, and agents should keep up to date with evolving regulation.

As the legal landscape evolves, so too does the establishment of cannabis-related businesses that require insurance coverage.

The rapidly evolving landscape of cannabis legalization and the increasing use among workers has many implications for agents who have never worked on providing such coverage.

“I consider myself an expert in regard to cannabis business operations and understanding all the business tiers—growing, laboratories and dispensaries,” says independent agent Tyler Cline. “Pairing that with my years of experience in the insurance industr

The insurance industry continues to struggle to keep up with the swift pace of marijuana legalization. Here’s what agents should consider with legalized cannabis and home, life, auto and health insurance.

With the cannabis insurance industry blazing ahead, learn how to study the smoke signals to determine if and when your agency should pursue this budding line.

As cannabis sales increase exponentially, so too have the number and type of products on the market. As the market grows, here are four things to keep in mind.

The cannabis industry saw a big change in its landscape in 2020. With a projected $35 billion in U.S. legal sales over the next four years, legislators, insurers and agents alike are taking notice.

“I don’t think we’re going to see an insurance change until it becomes federally legal,” says independent agent Sabrina Alkire. “I do think we’re going to see more property markets opening up, but I doubt that we’ll see any more general liability markets