Charles V. Pyfrom Charles V. Pyfrom (Credit: promesaartstudio / Adobestock.com)

Cannabis sales in 2021 were $26 billion according to flowhub, and are expected to exceed $32 billion in 2022. The industry currently supports over 400,000 jobs. New Frontier Data estimates that the industry's value could exceed $57 billion by 2030. That's pretty significant growth for an industry still unregulated at the federal level.

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Patricia L. Harman

Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]