Problem
List 2 property and 2 liability coverages that would be important for any business owner then related them to the cannabis industry. Remember the industry includes more than the dispensary.
a) What are the challenges you might face when providing those coverages?
b) How could you overcome those challenges?
How should insurance companies providing insurance to the cannabis industry manage the divide between the McCarran-Ferguson Act, the Controlled Substances Act, and policy language removing coverage for illegal activity?