Testing of raw ingredients and completed products is a critical phase for any manufacturer. (Photo: Mary's Medicinals, LLC)
No one disputes that legalized marijuana has created new opportunities for business and insurers. However, learning to recognize these opportunities and identifying the risks requires a thorough understanding of their operations.
Part 1 of this series looked at how legalized marijuana will affect multiple lines of insurance ranging from auto, property & casualty and commercial general liability to workers' compensation, directors & officers liability, cyber, product liability, health and life. This installment looks at some of the myths surrounding cannabis-related businesses and examines one manufacturing enterprise in-depth.
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
