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  • ON-DEMAND

Insurance for Cannabis Businesses: Impact of Reclassification to Schedule III Status; Managing New Risks (On-Demand)

General Credits:
Original Date Of Course:

$129.00

Course Description

Executive Order 14370 was signed on Dec. 18, 2025, instructing Congress to expedite the reclassification of cannabis from a Class I to a Class III substance under the CSA. This CLE course will analyze the impact of reclassifying marijuana as a Class III substance under the Controlled Substances Act (CSA) on the availability and scope of insurance coverage for cannabis-related businesses. The speakers will address how the cannabis insurance market has evolved and offer practical guidance on obtaining insurance and addressing claims-related issues.

Syllabus

  1. Evolution of the Cannabis Industry and Insurance Products
  2. Understanding the Reclassification Process
  3. Insurance Market Impacts
    • First-Party Coverage Litigation
    • Products Liability Coverage Litigation
    • Common Issues and Practical Considerations

Credit Details

Course Type

Course Instructor

Alan Devey, Amy Rubenstein, Esq.
Original Date Of Course

General Credits

1
Alan Devey
Alan Devey
Alan Devey has over 8 years of experience in the cannabis industry and founded and leads Lockton's global cannabis practice, specializing in work with public and large private multistate operators. He represents some of the largest cannabis operators and provides counsel on market expansion, proprietary benchmarking development, and complex mergers and acquisitions.
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Amy Rubenstein, Esq.
Amy Rubenstein, Esq.
Amy Rubenstein, Esq. brings two decades of legal experience across highly regulated industries including cannabis, chemical, pharmaceutical, insurance, manufacturing, and food & beverage, where she has developed innovative solutions tailored to clients' business goals. She previously served as Partner at an AmLaw 100 firm, holding leadership roles as Global Chemicals Co-Chair, U.S. Industrials Co-Chair, and U.S. Toxic Tort Co-Chair, and has been recognized by The Legal 500 US since 2019.
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