Establishes a safe harbor for insurers providing coverage to cannabis-related businesses.
The bill creates a safe harbor for insurers engaging in the business of insurance with cannabis-related legitimate businesses. It prohibits federal agencies from discouraging or penalizing insurers for such activities. The bill also mandates a study by the Comptroller General on barriers to marketplace entry and access to financial services for minority-owned and women-owned cannabis businesses, with a report to Congress.
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- Core Provisions
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- Legal Framework
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