First Banking. Now Insurance. Congress Expands Its Cannabis Finance Agenda. - IgniteIt | Cannabis Market Insights & News Platform
Posted July 28, 2026
Sens. Kevin Cramer and Ruben Gallego introduced the CLAIM Act to create a federal safe harbor for insurers, brokers and agents covering cannabis businesses operating legally under state law. The bill would bar adverse federal action based solely on cannabis-related coverage and direct the GAO to study barriers facing minority- and women-owned cannabis businesses. It is the fourth straight Congress to see a similar proposal.
This is an AI-written summary of reporting published elsewhere. Read the original: igniteit.com