‘Great Opportunity’ Awaits California Cannabis Insurers; Exclusions Concern Brokers

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California’s Insurance Commissioner Dave Jones is pleased with what his department has achieved so far but encourages more carriers to enter the cannabis market.

When California voters approved legal recreational marijuana in November 2016, the state’s insurance commissioner Dave Jones knew he needed to get rolling.

“Shortly thereafter I launched a cannabis insurance initiative, the objective of which was to increase the availability of insurance for the cannabis industry across the supply…

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