HOW CANNABIS PACKAGING IMPACTS YOUR LIABILITY
WHAT YOU CAN DO TO PROTECT YOUR BUSINESS The cannabis industry is fraught with liability for business owners: changing regulations, counterfeiting, compliance, and cyber security to…
Whether you’re growing cannabis for medical or recreational use, fire safety is critical to your operation. After all, it doesn’t take much to start a fire in an indoor grow facility. Tragically, there have been several fires at legal cannabis grow facilities in recent years. Fires can spread quickly and.
When you are injured at work, you are eligible to receive workers compensation benefits. This type of insurance is designed to support employees who have been hurt or sickened on the job. Each state has different standards for eligibility, but there are four types of workers compensation benefits that generally.
Even with the constant stream of media attention and general awareness about cybersecurity threats, businesses continue to fall victim to cyberattacks. This is perhaps because cyber threats are so diverse and unique that it is difficult for any one business to protect itself completely. However, there are some types of.
Keeping up with rapidly rising commercial real estate values can be challenging for property owners. If your properties are worth more than you thought they would be, you may need to adjust your insurance coverage and plan accordingly. On the other hand, if your properties are worth less than you anticipated,.
The risk of harm to others is inherent in the operation of any business. The general liability insurance market is highly fragmented and competitive, with a number of specialized insurers targeting specific niches within the broader general liability insurance segment. General liability coverage is meant to protect businesses from third-party.
As the legal cannabis industry continues to grow, so do the business needs of its related enterprises. From accounting services to warehouse space, cannabis companies need a variety of support services to thrive. Among other things, this includes specialized insurance policies that safeguard businesses from common perils and risks associated.
When it comes to business risk, excess liability coverage is a unique beast. It’s an important piece of your business insurance puzzle and can protect your personal assets from costly legal judgments. But because this type of risk is so complex, you need to have a firm understanding of what.
The cannabis industry is still in its infancy. As such, businesses are struggling to find the right balance between creating innovative products while also ensuring they’re safe for consumers. For example, many manufacturers are still working out how to standardize and label their products in a way that is both informative.
When an employee is injured on the job, workers’ compensation insurance provides financial benefits and assistance with getting back to work. In some cases, however, a worker may intentionally disregard safety protocols or even the direct instructions of their supervisor, resulting in an accident that injures them. These instances are.
In the early days of legal cannabis, many insurance companies were reluctant to provide coverage for businesses selling or distributing cannabis. Even today, some insurers remain hesitant to offer policies to cannabis dispensaries and other businesses related to the industry. However, as more states legalize cannabis for medical or recreational.