Insurers Must Be Vigilant About Cannabis Lounge Risks, Law360, authors Jonathan Isaacson and Adam Nicolazzo, August 24, 2022

As more states pass legislation legalizing recreational cannabis for adult use within their borders and take their adult-use programs from the legislative ether into practical operation, the cannabis industry’s need for insurance and risk management guidance will increase exponentially.

While this presents new and exciting business opportunities, insurance and risk management professionals must identify and understand the unique and fluid liability landscape faced by the cannabis industry. The failure to do so could result in increased liability exposures for clients in this arena, which could lead to increases in claims of negligence or malpractice against the insurance and risk management professionals serving the industry.

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Jonathan Isaacson is a partner and co-chair of the cannabis law practice group at Kaufman Dolowich & Voluck LLP.
Adam Nicolazzo is an associate at the firm.