A Look At 1st-Party Insurance Coverage For Cannabis

Law360, New York (May 18, 2017, 11:23 AM EDT) -- In 1996, California legalized the use of medical cannabis in limited situations and in November 2016, California voters approved the recreational use of cannabis, subject to certain limitations. As a result, the cannabis industry — particularly in California — continues to grow at an exponential rate. Obviously, the cannabis industry presents unique risks. Although some insurers have sidelined themselves and decided not to insure this burgeoning industry, others are creating new insurance products to match the industry’s needs. As a result, a number of specialized cannabis-specific...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.