Four-time NBA champion John Salley has made headlines in recent years for his multiple cannabis ventures.
Recently, the former Detroit Pistons, Miami Heat, Chicago Bulls and Los Angeles Lakers player told Benzinga he’s building a health insurance package for cannabis businesses and their employees, that will soon be expanded to cover individual cannabis users.
“We’ve literally got to a point where we can insure cannabis smokers and cannabis companies,” Salley said.
Building a Platform for Cannabis Users
Daron Phillips, Salley’s partner in the venture, told us how the two of them met about ten years ago in the Beverly Hilton. Since then, they’ve become good friends.
“John is about health, wellness and wealth,” said Phillips, an insurance business veteran who got first his insurance license at the age of 19.
See also: All-Star Trio: Isiah Thomas, John Salley And Al Harrington Want To Change The Cannabis Game
The idea for a cannabis insurance plan came as the two observed the penalties insurance companies were giving …