Marc Wheeler
Managing Partner, Strategic Operations
About Marc
Marc is an accomplished strategic marketing professional with deep experience in scaling revenue in high growth environments for emerging insurtech companies. With a background in CPG, digital and ecommerce jumped into the insurance space in 2006 working across the industry in leading marketing and direct to customer distribution initiates. With the growth of the cannabis industry, he has focused attention on navigating this emerging segment.
In addition to his consulting work, Marc mentors start-ups through PlugandPlay, GIA and Techstars, and assists investors in assessing opportunities in the insurance space having worked with Eli Global, Onex, Third Bridge. Alpha Insights and others.
Session:
1:00pm – 1:45pm
G/F
Insurance
Cannabis: Rising Opportunities, Tendering Risk
The train has left the station…legalization of marijuana continues to rapidly expand at a state and local level. Currently 33 states have laws allowing the use of medical marijuana and of those, 10 have legalized recreational marijuana use as well. Retail sales of medical and recreational cannabis in the United States are on pace to eclipse $12 billion by the end of 2019 and could rise to as high as $30 billion by 2023. Major mainstream players have begun to enter the industry and others are waiting on the sidelines waiting for legislation at a federal level. With this rate of expansion and projected growth, cannabis is no longer an emerging market for insurance carriers. Learn more about the state of the cannabis industry, carrier participation, insurance needs and opportunities in participating in this growing market.
