S1789
IntroducedNJProtects financial institutions and insurers doing business with cannabis industry from being penalized by State regulators.
New Jersey · Session 2026
Status
Introduced
As of Jan 13, 2026
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee
Official Source
Official Full Bill TextSummary
A New Jersey Senate bill introduced and referred to the Senate Commerce Committee would protect financial institutions and insurers serving the cannabis industry from penalties imposed by state regulators. Protections for financial service providers could improve cannabis businesses' access to banking, insurance, and other financial services in New Jersey.
What
A New Jersey Senate bill introduced and referred to the Senate Commerce Committee would protect financial institutions and insurers serving the cannabis industry from penalties imposed by state regulators.
Who
retailers and cultivators and labs
Why
Protections for financial service providers could improve cannabis businesses' access to banking, insurance, and other financial services in New Jersey.
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LEGISLATIVE DATA PROVIDED BY LEGISCAN · LICENSED UNDER CC BY 4.0 · UPDATED Aug 17, 2026