The cannabis industry is one of the fastest-growing markets in the United States. In 2019, U.S. cannabis sales hit an estimated $12.2 billion—an approximately 34 percent increase over 2018 sales.1 The insurance needs of this industry run the gamut, including everything from products liability and commercial general liability (CGL) coverage to more niche coverages, such as crop insurance and crime coverage.
September 02, 2020 Feature
The Insurance Industry’s Cannabis Problems
By Randi Ellias and Frank Tice
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