NEW YORK CITY – Real estate operators and insurers are trying tokeep up with the quickly evolving cannabis industry as quickly asbills stack in congress for national legalization of cannabis, aswell as changes to jargon crucial to operating their businessescompliantly, according to panelists on a Claims Magazine andGlobeSt.com webinar looking at the insurance and real estateimplications of cannabis-touching companies, "LegalizedCannabis is Big Business." (Click the hyperlink to listen)
Exposure to government risk is the biggest challenge forcannabis touching companies and as jargon changes to protectmunicipality interests companies have to adapt their operations tomake sure they're in compliance with local and federal law inunderwriting real estate and insurance policy.
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