Ep. 124: Michael Aberle: Cannabis: $50 Billion Industry?

Spot On Insurance - Aug 06, 2019

Michael Aberle is the Senior Vice President of US and Canadian Program Development & Education at CannGen Insurance Services. CannGen Insurance Services provides a wide range of insurance packages to protect growers in the cannabis industry. He is also the Executive Producer at MyCECourse, a multimedia educational platform for professional growth and compliance. Michael is skilled in Sales, Marketing and Risk Management. Today, Michael joins us to discuss the cannabis industry and how their company wants to insure growers. He shares the various interests he’s had throughout his life and what made him decide to choose a career in insurance. He describes the profitability of the cannabis industry and its projected marketing outlook. He also explains why some banks are still hesitant when it comes to investing in this industry and some of the benefits of partnering with them. “Insurance is recession-proof. You just have to stay ahead of the game.” - Michael Aberle Today on Spot On Insurance: Michael's life story and how he ended up where he is today. His interest in forensic pathology and the other different hats he wore. What it was like discussing the formation of a company that focuses on cannabis. The challenges in organizing this type of company and its subsequent growth. What makes their services unique in both the cannabis and insurance industry. How the marijuana landscape changed in the last decade and what to expect in the future. The Motor Truck Cargo policy and how it helps with the cash issue. The reason banks aren't joining the cannabis bandwagon. His experience with clients in the cannabis industry and the type of claims they had. Key Takeaways: People didn't recognize the cannabis insurance as a viable industry until money was starting to be stable. Connect with Michael Aberle: CannGen MyCEcourse LinkedIn This episode was brought to you by….. Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit ILSAinc.com. Connect, Learn, Share Thank you for joining us on this week’s episode of Spot On Insurance. For more resources and episodes, visit SpotOnInsurance.com. Subscribe so you never miss an episode. Love what you’re learning, Spot Light your review on iTunes and share your favorite episodes with friends and colleagues!

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