Cannabis Law Report Talks To Max Carter Director & CEO At London’s New Dawn Risk About Opportunities & Developments In The US Cannabis Industry

CANNANNEW REPORT

New Dawn Risk have published 2  white papers on the state of cannabis insurance opportunities in the US market. Here’s the most recent one. New Dawn Risk (London) Publish Updated 2021 Cannabis Insurance Whitepaper   I  recently spoke with Max Carter the founder and principal at London based New Dawn Risk about insurance and risk in the current US cannabis market .   Now that we have a Democratic administration with a majority in both houses what are you feelings about the growth of the insurance market for cannabis as the federal legislation conversation edges forward? There is a great deal of excitement in the insurance industry at the opportunities the cannabis market will present.  We are pretty certain we will see a large number of players being willing to get involved as soon as they have the certainty that they won’t be breaching any federal regulations.   At CLR we have noticed that in some states there has been a marked increase in cannabis insurance services for the sector over the last 12 months. Are you able to give us any insights about what is happening in states like CA, IL, FL and whether comprehensive services are being offered to industry players , or are companies having to string together a patchwork of coverage from different insurance suppliers.   Max Carter Director and Chief Executive Officer New Dawn Risk California, Illinois and Florida are in the top five states when it comes to general property and casualty insurance, so we would certainly expect them to be where there is more activity taking place. As for suppliers being willing to provide a comprehensive suite of cover to cannabis businesses, it does very much depend on the size of the entity being insured and their activities. Some classes of insurance in…

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Source : Cannabis Law Report Talks To Max Carter Director & CEO At London’s New Dawn Risk About Opportunities & Developments In The US Cannabis Industry

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