Court Rules Cannabis Inventory Covered By Commercial Property Insurance

In Green Earth Wellness Center, LLC (Green Earth) v. Atain Specialty Insurance Company (Atain), Civil Action No. 13-cv-03452-MSK-NYW (D. Colorado, February 17, 2016).

The insurance company in this case tried to argue that insurance agreement was not allowed to cover cannabis inventory because it would be  would be tantamount to insuring federal criminal activity.

The Court rejected the arguments by the insurance company.

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