Cannabis Insurance Considerations for 2025
Navigating Changing Compliance Laws and Possibilities
Schedule Change
This change would bump cannabis from a Schedule I drug, sharing status with other drugs like heroin or fentanyl, to Schedule III, which is reserved for the less dangerous but still controlled substances like codeine-coated Tylenol.
Legislation to Watch
Both bills give cannabis businesses access to financial services that are currently unavailable to them because of cannabis’ federal status, such as bank accounts, loans, and credit card processing capabilities
Competitive Landscape
Despite growth prospects, we see massive shifts in the competitive landscape from two key sources: outside industries investing in cannabis and industry mergers and acquisitions (M&A).
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