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Pot plant More brokers and advisors will discover the cannabis industry in 2019 and begin to offer a range of products designed to meet their needs. (Photo: Bloomberg)

For brokers looking for a new niche to explore in 2019, Spencer Mahoney of CCIG points to the burgeoning legal cannabis market. Mahoney, an advisor with the Colorado-based insurer, says he began exploring the market soon after states began to legalize cannabis production and sales. He found that most companies in the new space had major gaps in their coverage, and that few insurance firms had customized insurance products for the unique business challenges faced by the fast-expanding sector.

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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