Velazquez Bill Would Help Cannabis Firms Secure Insurance
July 29, 2019
July 29, 2019
WASHINGTON, July 29 -- Rep. Nydia M. Velazquez, D-New York, issued the following news release:
Rep. Nydia M. Velazquez (D-NY) and Rep. Steve Stivers (R-OH) have introduced H.R. 4074, the Clarifying Law Around Insurance Marijuana (CLAIM) Act, which would help businesses operating in the rapidly growing cannabis sector to obtain insurance products.
"Due to discrepancies in federal and state law, insurers are understandably reluctant to provide coverage to legitimate, . . .
Rep. Nydia M. Velazquez (D-NY) and Rep. Steve Stivers (R-OH) have introduced H.R. 4074, the Clarifying Law Around Insurance Marijuana (CLAIM) Act, which would help businesses operating in the rapidly growing cannabis sector to obtain insurance products.
"Due to discrepancies in federal and state law, insurers are understandably reluctant to provide coverage to legitimate, . . .