WebApr 11, 2024 · In addition to standard business risks like general liability and cyber threats, cannabis companies face industry-specific risks like product liability, theft, and financing. Just as cannabis companies must navigate and comply with regulations at all levels, you must also navigate industry-specific risks. Get the right insurance coverage. WebJul 12, 2024 · Cannabis Retailers Are A Main Point Of Contact For Customers. The products that dispensaries sell do not usually come from widely known brands, so customers who are harmed by a product will typically pursue lawsuits against the dispensary first. Even if these lawsuits are unsuccessful, there will be expenses …
What Is Product Liability Insurance & Do You Need It? - Forbes
WebFeb 17, 2024 · General liability insurance: This policy protects against the most common business risks, such as customer slip-and-fall injuries. Most states require this coverage … WebOct 18, 2024 · This new breed of cannabis product liability lawsuit may seek to establish alleged serious adverse health consequences from the ingestion of cannabinoids using … thermostat aterno
The First Of The Vape-Lung Product Liability Cases Has Been …
WebProduct Liability Lawsuits in the Context of Cannabis or Cannabis-Derived Compounds . As states continue to broadly legalize cannabis products, product liability claims … WebSep 7, 2024 · Not to mention, product liability issues or lawsuits down the road, too. Tips to Crafting a Winning Cannabis Product Recall Plan . On that same note – some states require a cannabis product recall plan, while others do not. Regardless, every cannabusiness plan should have product recall information in their SOP’s. So if an issue … WebFeb 28, 2024 · Product-liability cases are among the most damaging lawsuits a business can face. The cases – often involving a defective product that causes injury or even … tpot theatres