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AM Best: Administration’s Executive Order Could Provide Impetus Towards Stabilizing the Cannabis Insurance Market

Published 8 months, 2 weeks ago
Description

Associate Director David Blades and Associate Analyst Alexander Winant, both of AM Best, discuss a new Best's Commentary that finds the executive order doesn’t immediately resolve insurance issues for cannabis-related businesses, but the move to reclassify marijuana under federal law could be a significant step for the insurance market.

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