This article explains the new law surrounding insurance and marijuana.
August 19, 2019 at 07:00 AM
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More and more states are legalizing marijuana for either medical or recreational use or both; growers, dispensaries, and other companies are forming in order to meet demand. These organizations need insurance, just like everyone else. However, because marijuana is still federally illegal, obtaining insurance is difficult if not impossible for companies to obtain. Senators Menendez, Paul, Merkley and Cramer have introduced a Senate bill ensuring access to insurance for cannabis-related businesses.
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