Thank you for sharing!

Your article was successfully shared with the contacts you provided.
“Don’t break out the Cheetos or the Goldfish too quickly,” Gov. John Hickenlooper of Colorado said to his constituents on Nov. 2, after they voted to legalize marijuana for recreational ­purposes.

Although this insurance niche is buzzing with opportunity, Hickenlooper’s cautionary words speak to insurance agents as well. As more states approve medicinal marijuana, the industry is still illegal, according to federal law.

Also complicating matters: States that have legalized medicinal marijuana (MMJ) have different laws about its cultivation, distribution and manufacturing.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.