Despite its complete illegality on the federal level, cannabis is big business in the United States, projected to reach $30 billion by 2025 according to some estimates. Even if these projections turn out to be overly rosy, the growth of the industry — and the recent federal legalization of hemp under the 2018 Farm Bill that resulted in an explosion in CBD sales nationwide — brings with it sophisticated operators who are transforming how business is done. This includes a new demand for risk mitigation, like insurance products that did not exist a few years ago.