Count this among the ways that a changing world is impacting independent insurance agents:

The legal cannabis industry, which includes both marijuana and hemp businesses, is growing at a rate of roughly 25% a year, according to one industry group.

Legal weed may now be too big to fail, despite the the hard line anti-marijuana rhetoric furthered by Attorney General Jeff Sessions. That also makes the cannabis industry a new frontier in insurance.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].