cannabis insurance market Archives - ProgramBusiness

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Cannabis Insurance Market Growth Expected, But Federal Laws Remain a Roadblock: AM Best

Glass jar full of Cannabis Sativa for sale at a market stall.

While potential demand for insurance products covering the cannabis industry is poised to follow this market’s favorable revenue growth projections, conflicting state and federal laws continue to pose a hurdle for insurers looking to enter the segment, according to a new AM Best report. A new Best’s Special Report, “Cannabis Insurance Market Growth Expected, but… Continue reading Cannabis Insurance Market Growth Expected, But Federal Laws Remain a Roadblock: AM Best

Report Reveals Potential $1B Insurance Gap in Legal Cannabis Industry

Glass jar full of Cannabis Sativa for sale at a market stall.

New Dawn Risk Group Limited’s white paper analyzes insurance coverage for the legal cannabis, CBD and hemp markets in the United States. The report: “Understanding and opening up the US cannabis insurance market”, exposes both the potential premiums and the size of the insurance gap for cannabis-related products in the U.S. Headline statistics include: In… Continue reading Report Reveals Potential $1B Insurance Gap in Legal Cannabis Industry