• Cannabis (marijuana) is any part of the Cannabis sativa L. plant, or a derivative thereof, with a delta-9-tetrahydrocannabinol concentration greater than 0.3 percent on a dry weight basis. Insurance Services Administration, Inc. (ISO) defines cannabis as “any commodity or product that consists of or contains any amount of tetrahydrocannabinol (THC) or any other cannabinoid, whether any such THC or cannabinoid is natural or synthetic.” [Emphasis added.]