Cannabis (marijuana)
Term · Insurance and risk management · MLC-T-INS-000665
A plant species whose leaves, flowers, and stems contain psychoactive compounds, primarily cannabinoids like THC. Its legal status for medicinal and recreational use varies by jurisdiction, impacting insurance underwriting for life, health, and property policies. Insurers assess usage frequency and method when determining risk and premium rates.
| Identifier | MLC-T-INS-000665 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000665",
"term": "Cannabis (marijuana)",
"field": "Insurance and risk management",
"definition": "A plant species whose leaves, flowers, and stems contain psychoactive compounds, primarily cannabinoids like THC. Its legal status for medicinal and recreational use varies by jurisdiction, impacting insurance underwriting for life, health, and property policies. Insurers assess usage frequency and method when determining risk and premium rates.",
"url": "https://mlchart.com/terminology/insurance/cannabis-marijuana/"
}
Record 433 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.