NJ A1115Introducedas of 2026-01-13
Creates certain protections for insurers and insurance producers engaging in business of insurance in connection with cannabis-related businesses.
Plain-English summary
What happened: New Jersey Assembly bill introduced in committee would create legal protections for insurers and insurance producers that conduct business with cannabis-related companies.
Why it matters: Providing insurers with legal protections could expand the availability and affordability of insurance coverage for cannabis businesses across the supply chain.
Affects: cultivators and retailers and labs
LATEST ACTION: Introduced, Referred to Assembly Financial Institutions and Insurance Committee
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