Insuring Weed – Inside the Burgeoning World of Cannabis Insurance

Max Carter, CEO of New Dawn Risk calls the cannabis industry a “huge market with enormous potential with legal cannabis sales projected to rise to $40 billion by 2025”. The legalization of cannabis for recreational and medical use in several states has been revolutionary. The impact this has had on the growth of the industry over the past couple of years cannot be overemphasized. The legal cannabis market in a lot of states has skyrocketed beyond what most people thought possible.