In a surprising twist of weed-meets-Wall-Street, a Norwalk-based cannabis insurance company just scored big—and yes, Snoop Dogg is involved. Sort of.The startup, AlphaRoot, just landed major funding from Casa Verde Capital, the cannabis-focused VC firm co-founded by the Doggfather himself. The firm is known for sniffing out high-potential green ventures—and this time, it’s not … [Read more...] about Snoop Dogg-Backed VC Bets Big on Norwalk Cannabis Insurance Startup
Insurance
When Will Medicare Cover Medical Marijuana?
Many older adults are using medical marijuana to treat a variety of conditions, but experts say that conflicting laws, unclear safety standards and complicated rulemaking processes mean it could be years before Medicare may cover the drug. One in five Medicare recipients currently uses medical marijuana, according to an April 2022 poll by the Medicare Plans Patient Resource … [Read more...] about When Will Medicare Cover Medical Marijuana?
Understanding How Marijuana Use Impacts Insurance
Marijuana Use and the Impacts on Insurance Contributed by: Chris Ward The laws governing marijuana use and possession can be complex, confusing and even conflicting. At this moment, federal law still classifies marijuana as an illegal substance - while more than half the states in the country now allow it for at least medicinal use (1). In other states, … [Read more...] about Understanding How Marijuana Use Impacts Insurance