In 2018 the citizens of Oklahoma approved its medical marijuana legalization act, by a very close margin. Approaching 4 years since the law was enacted, Oklahoma is dealing with a proliferation of marijuana growers, processors, wholesalers and retail sales and associated businesses. The low barriers to enter the states marijuana market has seen an unequalled level of growth and production with 13,000 business licenses issued in less than four years. More marijuana is being grown in Oklahoma than the local population can consume. Aided by the intersection of cross-country corridors, Oklahoma grown marijuana is spreading across the nation. Such a financial influx also brings investors who wish to manage risk by insuring and reinsuring everything from growth to retail sales, including all the usual suspects: property, casualty, workers compensation, environmental, transportation, with the added complications of federal criminal and civil prohibitions and penalties.
Panelists:
Aria Berry, Executive Director, Oklahoma Medical Marijuana Authority (invited)
Joe Marcantel, Director, Talisman Casualty Insurance Co
Michael Ridgeway, Odom & Sparks
John Sparks, Odom & Sparks (moderator)
Wild West of Weed Session | 01:01:22 |
Wild West of Weed - Video | 01:01:22 | |
Wild West of Weed - Evaluation | ||
CLP Quiz - Wild West of Weed: Oklahoma's Growing Marijuana Industry |
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