The cannabis and psilocybin industries are new, evolving and growing but face unique risks and challenges, in part because their status in some states (legal for adult or medicinal use or decriminalized) may conflict with their status at the federal level (Schedule I controlled substance). Insureds include cultivators, dispensaries, processors, manufacturers, and wellness centers. Available insurance coverages include general liability for bodily injury, property damage, or advertising liability; product liability for product manufacturers and retailers; professional liability for service providers; management liability for directors, officers and employees; employment practices liability for employment claims; property and crop insurance to protect operations and crops; and clinical trials insurance for companies involved in research and trials. KBR has extensive experience in all these areas and provides coverage and monitoring services to domestic and international insurers in these spaces.