Because laws, regulations and rules governing cannabis are constantly changing, the applicability of certain exclusions to coverage may change depending on when a loss occurs. (Credit: william casey/Shutterstock.com) Because laws, regulations and rules governing cannabis are constantly changing, the applicability of certain exclusions to coverage may change depending on when a loss occurs. (Credit: william casey/Shutterstock.com)

An opinion from the District of Oregon Court found insurance coverage for a fire arising from the preparation of CBD salve, notwithstanding the policy's controlled substance exclusion. It provides significant insights that are relevant not only to insurance coverage, but can be applied to other disputes involving cannabis, as well as a helpful botany lesson.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Litigation
Commercial Lines
E&S/Specialty