If Congress ever gets around to legalizing cannabis, the process of revoking federal prohibition may not be so clear-cut. Legalizing it could unleash the power of a somewhat obscure law that threatens “dire consequences for the states and the markets they now regulate,” according to a Vanderbilt Law professor. The academic has recently begun the process of alerting Congress to the implications of the law. What’s more, he’s proposing a fix that draws on another rarely discussed law, one that has everything to do with how the nation’s insurance industry operates. The latest Insuring Cannabis Podcast features a discussion with Robert Mikos, the LaRoche Family Chair in Law at Vanderbilt Law School, about the aforementioned laws, and the alarms he’s raising.
This episode of the Insuring Cannabis Podcast is supported by CannGen Insurance Services, LLC. Providing comprehensive insurance coverage for the cannabis, CBD, and hemp industry on a nationwide basis for all product lines.
The post EP. 44: Legal Expert Warning Obscure Law Could Cause Problems if Cannabis is Legalized appeared first on Insurance Journal TV.