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Cannabis compliance software eases business insurance snags

The cannabis industry is a new frontier in insurance, despite the the Trump Administration's hard line anti-marijuana stance.

By Elana Ashanti Jefferson | Updated on June 02, 2017
One concern for insurance providers selling policies to cannabis business owners is whether they are fully compliant with state and local regulations. Here, James Lathrop, the owner of Cannabis City in Seattle, stands behind his edibles counter. (AP Photo/Ted S. Warren)

Count this among the ways that a changing world is impacting independent insurance agents:

The legal cannabis industry, which includes both marijuana and hemp businesses, is growing at a rate of roughly 25% a year, according to one industry group.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].

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