Join PC360 and our sister site Insurance Coverage Law Center for a Twitter Chat on 4/20 at 11 am ET that will discuss emerging commercial auto issues in the cannabis industry. Join PropertyCasualty360 and our sister site Insurance Coverage Law Center for a Twitter Chat on 4/20 at 11 am ET that will discuss emerging commercial auto issues in the cannabis industry.

Gone are the days of Cheech & Chong and the stereotype of the lazy pothead: Cannabis is now a legit business. The legal market for cannabis in the U.S. is valued at slightly more than $15 billion for 2020, with sales projections going as high as $37 billion for 2024 — and those are conservative estimates.

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Richard Binder

Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.