M.J. Hall & Co. Expands Admitted Cannabis Insurance Product into Arizona

Insurance Journal · last updated March 7, 2021 – 7:00 PM

M.J. Hall & Co. has introduced an admitted cannabis insurance product in Arizona. March 8 is the effective date for the Cannabis Businessowners Policy (CannaBOP) in Arizona, which the wholesale insurance brokerage company said is the first such insurance coverage for cannabis in that state. There are currently 130 registered nonprofit medical marijuana dispensaries in Arizona, with 301,000 qualified medical marijuana patients, according to M.J. Hall. Hall, M.J. Hall & Co. began by brokering aviation risks for Howard Hughes. Source: M.J. Hall & Co.

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