The cannabis industry is a rapidly evolving market. Our cannabis insurance experts keep you up to date with crucial insights in the risks and opportunities, as well as the custom solutions you need.
WHITE PAPER | Q2 2023 | 7 MINUTES
Despite the growing acceptance and legalization of cannabis, it remains federally illegal in the United States, creating unique challenges for the industry. Jencap explores three possible future scenarios for federal cannabis reform and their impact on cannabis insurance.
The cannabis industry is expected to see exponential growth over the next few years. Market experts project the industry to hit $45B in 2025 and up to $100B over the next 10 years. That growth will only be possible if growers, processors, laboratories and retailers...
If the insurance industry had posted its relationship status in 2021, it would have been "It’s complicated." For 2022, it’s still going to be complicated. ... only a little less so. In this white paper you'll find: Seven major trends that will impact the insurance...
The legalization of cannabis is a hot topic not just among lawmakers and eager hopefuls, but also in the insurance industry. As tolerance and acceptance for cannabis gradually increases, so has its use in the medical community. Medical marijuana usage has grown in...
Also referred to as errors and omissions insurance or an E&O policy, professional liability insurance is coverage for professional services such as accounting, medical or healthcare, and legal work from claims filed by their clients for acts of negligence. Many of...
The sale of legal cannabis is projected to reach $20 billion within three years. With 33 states passing laws to legalize medical cannabis and 11 allowing recreational marijuana, the insurance industry is beginning to take notice. California blazed trails by announcing...
Determining the proper classification for cannabis businesses is not one you want to take a gamble on. If you bet on a specific class code and it isn’t accurate, your client could suffer significant premium penalties at the time of an audit or worse – costly coverage...
Marijuana regulations at the state level flip-flop on a weekly basis, making it difficult to keep up. When that happens, a new wave of laws and overturned court opinions will sweep across the country.The only thing changing as quickly as cannabis legislation is the unique insurance needs of this budding industry. We figured you could use a go-to reference for all things cannabis insurance that is current and reliable.
TRENDS | UPDATED Q2 2023 | 6 MINUTES
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