As reported by Howard Dashefsky on KHON2 on June 28, the business of selling medical marijuana inHawaii just became more complicated.
Insurance company HawaiiEmployers' Mutual Insurance Company (HEMIC) announced it willstop providing workers' compensation insurance to seven of theeight businesses waiting for licenses to begin selling theirproduct in dispensaries. This makes it even more difficult to startoperating a medical marijuana dispensary because state law requiresall companies to provide workers compensation foremployees.
The news came without warning, the report says. Thirty-daypolicy cancellation notices were sent after what HEMIC called athorough legal evaluation of state and federal law regarding theproduction and sale of medical marijuana in Hawaii.
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
