Regarding insurance in CBD retail / in general, we aren't marijuana right? We're insurable right?

Hi everyone,

Had a buddy in TN have his CBD shop robbed last week and now the insurance is saying they don’t cover ‘Marijuana’. He’d pre-cleared all this before with his insurance agent, making sure the policy covered him.

Doesn’t the farm bill specifically say that products containing less than .03% THC are not marijuana? I mean, if they don’t cover him, they wouldn’t cover me if my CBD items were robbed, right? Regarding insurance in CBD retail / in general, we aren’t marijuana right? We’re insurable right?

Is this pretty normal, and you just rebuttal the claim and reiterate that it’s not marijuana or have insurance companies been getting away with this on the regular?

What you have is a contract dispute, so you need to read the contract. Whatever the agent said means absolutely nothing. All that matters is what is written in the policy.

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