SB5049
IntroducedUSCLAIM Act Clarifying Law Around Insurance of Marijuana Act
Federal · Session 2025
Status
Introduced
As of Jul 21, 2026
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Official Source
Official Full Bill TextSummary
A federal bill, referred to the Senate Committee on Banking, Housing, and Urban Affairs, would clarify laws around providing insurance products and services to marijuana businesses. Cannabis businesses across all categories currently face limited access to insurance, and this bill could open broader coverage options and reduce financial risk exposure industry-wide.
What
A federal bill, referred to the Senate Committee on Banking, Housing, and Urban Affairs, would clarify laws around providing insurance products and services to marijuana businesses.
Who
retailers and cultivators and labs
Why
Cannabis businesses across all categories currently face limited access to insurance, and this bill could open broader coverage options and reduce financial risk exposure industry-wide.
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LEGISLATIVE DATA PROVIDED BY LEGISCAN · LICENSED UNDER CC BY 4.0 · UPDATED Aug 22, 2026