Civil Litigation,
Insurance,
Administrative/Regulatory
Feb. 15, 2018
Insuring the product liability risks of cannabis
Businesses must be careful to ensure that they are properly insured for the substantial risks they face.
Ian A. Stewart
Partner
Wilson, Elser, Moskowitz, Edelman & Dicker LLP
555 S Flower St
Los Angeles , CA 90071
Email: ian.stewart@wilsonelser.com
St Louis Univ SOL; St Louis MO
The regulation of adult-use cannabis in California should focus on minimizing harm to the public and ensuring access to compensation for persons who may be harmed. Liability insurance can be one very useful tool for managing risks related to cannabis, although many typical liability insurance policies will be ineffective for this purpose. Cannabis businesses must be careful to ensure that they are properly insured for the substantial risks they face.
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