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Legalized cannabis issues. Legalized cannabis offers new opportunities for insurers, but there are multiple risks to be considered before offering coverage. (Photo: Shutterstock)

The legalization of marijuana is beginning to touch every line of insurance including health and life insurance, property & casualty, commercial general liability, workers’ compensation, directors & officers’ liability, cyber and product liability. Offering coverage for cannabis enterprises can provide a new business opportunity for insurers, but it also raises many questions as they navigate the conflicts between federal and state regulations.

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