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Trending Intel: July 2022

Trending Intel: July 2022

Below we highlight the top 5 trending intel topics in July 2022.   1. Property & Casualty Overview & Outlook Commercial Property, Cyber Liability and Coastal Properties Watch as our experts discuss the Property & Casualty market as we begin the third quarter of 2022. This panel discussion included insights into…

Cannabis Insurance

Cannabis Insurance

During this webinar, our experts explore the state of the cannabis insurance market in the U.S. and Canada. Featuring: Jason Scheurle, National Product Leader, Cannabis, Burns & Wilcox, Philadelphia, PA Emily McDaniel, Broker, Commercial Insurance, Burns & Wilcox, Denver, CO Leena Malik, Senior Underwriter, Commercial Insurance, Burns & Wilcox Canada, Toronto, ON Cooper O\'Connor, Senior Broker, Professional Liability, Burns &…

Ask the Expert Q&A: Cannabis Insurance

Ask the Expert Q&A: Cannabis Insurance

Varying state regulations and a heightened risk of theft and vandalism are among ongoing challenges in the booming cannabis industry. To learn more about Cannabis Insurance, Crain’s Content Studio spoke with Emily McDaniel, Broker, Commercial Insurance, Burns & Wilcox, Denver, Colorado, and Jason Scheurle, National Product Leader, Cannabis, Burns & Wilcox, based in Philadelphia, PA. What are some of the…

Report: U.S. Cannabis Sales Could Exceed $30 Billion By 2022

Report: U.S. Cannabis Sales Could Exceed $30 Billion By 2022

Legal cannabis sales in the U.S. could exceed $30 billion by 2022, marijuana analytics company Headset recently projected in an updated long-term forecast. It is an increase in estimated sales from the Seattle-based firm’s previous report, released in April, that showed the U.S. market reaching $28 billion in yearly sales by 2022. The change reflects new recreational or medical marijuana…

$45 Billion in U.S. Cannabis Sales Expected by 2025, Says Industry Report

$45 Billion in U.S. Cannabis Sales Expected by 2025, Says Industry Report

The U.S. cannabis industry could exceed $45 billion in annual sales by 2025, according to a recent projection published in the 2021 Marijuana Business Factbook. That could mean double the sales of $22 to $26.4 billion projected for recreational and medical cannabis this year. Marijuana markets are growing rapidly in the U.S. and Canada, with the Factbook reporting 100 percent…

Understanding Cannabis Complexities & Changing Market Dynamics

Understanding Cannabis Complexities & Changing Market Dynamics

Burns & Wilcox experts take a look into the cannabis market as carrier appetite and capacity shift, along with regulatory changes and trends. During this webinar, we discuss: The current state of the market for U.S. and Canada Product developments and concerns Tips for brokers on how to adapt with changes https://vimeo.com/519667011/df17ef8df0

Marijuana Sales Soar, Three States Set Monthly Records

Marijuana Sales Soar, Three States Set Monthly Records

Colorado, Illinois and Ohio set new records for monthly marijuana sales in July and August, underscoring the resilience of the cannabis industry amid the COVID-19 recession. In July, recreational and medical marijuana stores in Colorado generated a combined $226.4 million in revenue, up 13.8 percent from June, and Ohio saw a record $21 million in medical marijuana sales. In August,…

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