The cannabis industry continues to grow rapidly. Just two years ago, the global market was valued at nearly $18 billion dollars. Expected to expand at a compound annual growth rate of more than 25% over the next several years, the industry is expected to be worth a staggering $134.4 billion by 2030.
Dispensary owners need to be careful that they adequately protect themselves from both the legal and financial risks that are commonly faced by those in the medical marijuana industry.
This article provides an overview of the unique coverages needed to fully protect marijuana dispensaries and retailers from liability.