A new initiative by the Centers for Medicare & Medicaid Services could soon allow some patients enrolled in government-backed health insurance programs to receive partial coverage for hemp-based products. The proposal would allow eligible participants to access up to $500 annually in qualifying CBD products, with initial phases possibly starting as early as April 1.
This CMS program is likely to be watched closely by marijuana firms like Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB) as it is rolled out around the…
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