Thursday, March 14, 2019

Pot A Gold

Money, Money, Money


Some projections call for legal marijuana sales to reach $22 billion by 2022 as more states legalize use of the drug.  People directly involved in the industry like growers, retailers, distributors and property owners will need coverage.  This creates an opportunity for insurers. Marijuana-related markets like cultivation, dispensaries, retailers and landlords will be in need of insurance coverage. But there are still risks holding carriers back, A.M. Best said in a recent report.  The federal government classifies it as a controlled substance, and as an illegal drug.

Dispensary - enter at your own risk


Because marijuana is not legal at the federal level, some carriers see marijuana insurance as a “debatable” move, A.M. Best said. "Despite growing demand from both producers and retailers, many carriers are reluctant to embrace the industry because of its classification as a Schedule I drug in the eyes of the U.S. federal government.”

Source: Insurance Journal

P.S. the horrible smell though😁


Don't drive under the influence [of alcohol or drugs]

That's a fact


1. Every 51 minutes in America, someone is killed while driving under the influence.
2. Someone is injured while driving under the influence every 120 seconds.
3. Traffic accidents are the leading cause of death for teens.
4. The U.S. has a no tolorance policy for drivers under 21 with a illegal substance
 in the blood system while behind the wheel.

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