Mandatory Testing Costly For Colorado Marijuana Growers

New mandatory marijuana pesticide testing in Colorado is putting a financial squeeze on local cultivators to the tune of thousands of dollars in increased costs.

The added expense is the latest financial blow to hit the state’s cultivators, which are already struggling with falling wholesale prices and a glut of product. Continue reading “Mandatory Testing Costly For Colorado Marijuana Growers”

California Cannabis: Prepare Now For Your Upcoming Product Liability Wake-Up Call

Time and again I have warned cannabis industry participants that federal prohibition means nothing when it comes to liability created by defective products. Colorado is a prime example of the threat and the power of cannabis product recalls. And though for years now we’ve seen various cannabis businesses in Colorado pull their products from the shelves for illegal pesticides and/or manufacturing under unsanitary conditions, we have yet to see an official product recall for cannabis in the state of California. Continue reading “California Cannabis: Prepare Now For Your Upcoming Product Liability Wake-Up Call”

Insurance Loss Control Issues for the Cannabis Industry

The International Risk Management Institute defines loss control as “a risk management technique that seeks to reduce the possibility that a loss will occur and/or reduce the severity of those that do occur. Also known as safety or risk control. Continue reading “Insurance Loss Control Issues for the Cannabis Industry”