
#cannabisindustry – “The analysis determined that “medical cannabis legalization has reduced auto insurance premiums by $1.5 billion in all states that have currently legalized, with the potential to reduce premiums by an additional $900 million if the remaining states were to legalize”—a combined total of $2.4 billion in potential payment reductions for drivers under nationwide medical cannabis access.
“Because auto insurance premiums are directly tied to property damage and health outcomes, we find evidence of a positive social impact of medical cannabis on auto safety,” the study said.”