Marijuana Edible Dosage and False Advertising Claims

Mark StraussBusiness | Commercial Insurance, General Liability

Advertising and labeling of marijuana edibles were one of the key talking points at the OLCC Community Listening Meetings on Marijuana. Businesses involved in marijuana edible production not only have a product liability risk for fear that consumption of the product might cause bodily injury, but they could also face false advertising claims of not having the marijuana edible dosage … Read More

Marijuana Product Liability Insurance

Mark StraussBusiness | Commercial Insurance

There is no standardization with insurance coverage that is made available to protect marijuana-related businesses. Included within a marijuana liability insurance policy there are 5 different limits of liability with one additional key liability insurance not included that needs to be purchased separately. The 5 limits of liability that included within a marijuana business insurance policy are: General Aggregate Limit: This limit is the … Read More

Marijuana Insurance Coverage for Business Property

Mark StraussBusiness | Commercial Insurance, Business | Commercial Property

Marijuana business insurance coverage for business property will protect the contents usual to business operations at your premises. The following should be considered in determination of your business property limit for your marijuana insurance coverage program: Furniture and Fixtures, including outdoor fixtures; Machinery and Equipment Stock; this would be defined as merchandise held in storage for sale, raw materials, and in-process … Read More