Saturday, September 22, 2018
   
Insurance Sidebar :: Amy Stewart PC’s Law Blog on Insurance Coverage Issues Minimize

Up in Smoke :: Marijuana-Related Insurance Considerations

Currently 30 states and the District of Columbia have legalized marijuana in some manner. Eight states and the District of Columbia have legalized recreational marijuana, with California being the newest state to join the recreational ranks as of January 1, 2018. Massachusetts will join those states legalizing recreational cannabis in July 2018.

The Trump administration recently rescinded an Obama-era policy where federal enforcement of marijuana laws was discouraged. Attorney General Jeff Sessions’ policy is an about-face change to the failure to prosecute marijuana-related crimes. Essentially, Sessions gave federal prosecutors around the country more discretion to enforce federal law in marijuana cases, even in the states where it is legal.

North American marijuana sales grew by an unprecedented 30% in 2016 to $6.7 billion and are anticipated to exceed $20 billion by 2021. While the marijuana industry is booming, and with the recent indication of changes to prosecuting marijuana crimes under federal law, many questions remain regarding insurability under personal lines as well as commercial policies.

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Amy Stewart Law Lands Veteran Insurance Coverage Lawyer Beverly Godbey

We are pleased to announce that Beverly Godbey has joined Amy Stewart Law as Principal. Ms. Godbey was most recently with Dallas’ Gardere Wynne Sewell LLP, where she was a partner and co-chair of the firm’s litigation practice.

A trial lawyer with more than three decades of experience, Ms. Godbey represents corporate policyholders from a wide variety of industries in a full spectrum of insurance issues, from coverage disputes and insurance recovery to insurance policy reviews and analysis.

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Please visit our web site at www.amystewartlaw.com.
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About Minimize
Amy Stewart Law is a boutique law firm that represents policyholders in insurance coverage litigation and bad faith, with an emphasis in directors & officers liability, cyber insurance, fiduciary liability, professional liability and other specialty liability coverages.


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Practice Areas Minimize
  • insurance coverage litigation
  • bad faith litigation
  • policy interpretation & analysis
  • insurance review & planning advice
  • advice | insurance disputes
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Amy Stewart PC | Dallas, Texas | Copyright 2018 | All Rights Reserved