Tag Archives: Property Damage

Sales and Use

Court Finds Legal Marijuana Insurable Under Commercial Property Policy

Court Finds Legal Marijuana Insurable Under Commercial Property Policy

The U.S. District Court for the District of Colorado in The Green Earth Wellness Center, LLC v. Atain Specialty Insurance Company, No. 13-cv-03452-MSK-NYW, 2016 WL 632357 (D. Colorado Feb. 17, 2016) was recently faced with determining the extent of coverage under a commercial property policy for damage sustained to marijuana plants at a growing facility and addressing

Landlords

Landlords Calculate Marijuana Risk

Landlords are simple people. They want to collect rent and, at the end of the lease, they want their asset back in good enough shape to rent it out again. Owners of commercial property thinking about renting to legal marijuana businesses face an unusual degree of risk.


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