Hawaii’s largest workers’ compensation insurer, Hawaii Employers’ Mutual Insurance Co. (HEMIC), is canceling insurance policies for seven medical marijuana dispensaries that prepared to open this summer. The insurance company notified the affected dispensaries Wednesday that their policies will be cancelled in 30 days and that premiums will be refunded.
The company said that the board of directors were concerned about marijuana remaining on the list of illegal substances by the federal government.
If the dispensaries cannot find companies to provide workers’ compensation insurance, it may delay their opening. HEMIC was quick to state: “We’re not providing an opinion of moral judgment on someone’s use of marijuana or not, and we’re certainly not taking a position opposed to the value of medicinal marijuana to treat certain medical conditions or chronic pain. This was really simply a legal decision.”