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Medicare Cannabis Coverage Stalls Despite Industry Hopes

Medical marijuana health insurance coverage faces setbacks as Medicare proposals fail to deliver broader access. Cannabis industry watches federal regulations closely for potential market expansion opportunities.

The ongoing struggle for medical marijuana insurance coverage directly impacts millions of patients who rely on cannabis for therapeutic purposes but face significant out-of-pocket costs. For the cannabis industry, insurance reimbursement represents a potential market expansion that could transform business models and increase accessibility. This regulatory stagnation reflects broader federal hesitation around cannabis policy reform, affecting everything from research funding to banking access for cannabis businesses. As more states legalize medical cannabis, the disconnect between state and federal policies creates confusion and barriers for patients, healthcare providers, and businesses alike, highlighting the need for comprehensive federal cannabis reform to address these systemic issues.