When a company considers purchasing cyber insurance, they often consider the likelihood and financial impact they would incur in responding to a breach of confidential information (e.g. credit card numbers, healthcare records, etc.). Often times the conversation ends here and a company declines […]

As more states legalize medical and recreational marijuana, and healthcare providers approve medical marijuana use for a broader range of conditions, the demand for cannabis continues to grow rapidly. In 2019, marijuana dispensary revenue grew 23%, making it the sixth-fastest growing sector in the […]

Consumer sales of CBD oil in the United States is expected to top $1 billion in 2020, representing a 1000% increase in just the last five years.  By 2025, the total value of the CBD market is estimated to be $15 to $20 billion.  With such rapidly increasing demand for CBD oil, many new players are […]

From restaurants and bars to brewers and bowling alleys, alcohol is big business.  In 2018, the American Beverage Licensees Industry Association study found that from bars to package stores, the alcohol serving industry accounts for more than $360 billion in economic impact annually.  What's more, […]

The legalization of medical and recreational marijuana continues to expand across the United States, creating incredible new opportunities for not only cannabis retailers, growers, and manufacturers, but also for existing businesses looking to expand from medical into the recreational space.

Recently, federal law changed making it legal to grow, manufacture, and sell hemp and hemp-based products, including CBD oil, hemp rope, hemp cloth, and more. Many farmers, manufacturers, and retailers are now looking at the hemp and CBD product market as a growing opportunity. Of course, as with […]

Firearms are big business in America, now accounting for more than $50 billion in economic activity. It has also consistently been one of the fastest-growing industries, up nearly 170 percent in last 10 years. And while manufacturers and dealers of rifles, shotguns, handguns, and ammunition make up […]

Mobile apps are a huge part of our daily lives. From checking the weather and getting directions to banking, monitoring our health, playing games, and even dating, we use them for just about everything. So it should be no surprise that mobile apps have been one of the fastest-growing segments of […]

As the cannabis industry continues to expand its understanding of the need for insurance, it is becoming more important for the insurance industry to understand the complexity surrounding the licensing of cannabis companies. Not everything that is a cannabis company needs to be licensed and some […]

Many mobile apps need to collect personal data in order to function. Others rely on this personal data to keep their apps free and create a revenue stream. But collecting personal data can open mobile app companies up to potential lawsuits if it is mishandled.