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…
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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…
What’s new
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…
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A cannabis testing lab often carries greater potential liabilities than most other organizations along the marijuana supply chain in need of insurance. This is because of the strict compliance laws, regulations, and increased potential for accidental injuries inside the testing facility.
It is crucial for cannabis labs to invest in the right insurance policies to ensure that their employees are protected and to avoid pecuniary loss from any activity related to cannabis testing efforts.
Mistakes happen — cannabis labs need to protect themselves if their products do not meet testing standards.
A cannabis testing lab often carries greater potential liabilities than most other organizations along the marijuana supply chain in need of insurance. This is because of the strict compliance laws, regulations, and increased potential for accidental injuries inside the testing facility.
It is crucial for cannabis labs to invest in the right insurance policies to ensure that their employees are protected and to avoid pecuniary loss from any activity related to cannabis testing efforts.
Mistakes happen — cannabis labs need to protect themselves if their services do not meet testing standards.
Cannabis goods that do not meet testing standards but still pass through the quality assurance stage must be destroyed by the distributor, or in some cases can be remediated by the manufacturer.
There is also the potential for employees to suffer injury. Workplace accidents happen, and lab employees could also be injured during testing if a process does not go as planned. Harsh penalties exist for these circumstances, including steep fines for cannabis labs that do not meet compliance standards.
Millers Insurance Group supports cannabis testing labs by supplying the coverage needed to protect laboratory efforts, employee safety, and assets.
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