Product Liability Insurance

On November 17, 2021, the Marijuana Regulatory Agency (MRA) issued a Notification of Marijuana Product Recall for all marijuana products tested by Viridis Laboratories, LLC (license numbers SC-000009 and AU-SC-000113) and Viridis North, LLC (license numbers SC000014 and AU-SC-000103) except for inhalable marijuana concentrate products such as vape carts, live resin, distillate, and any other cannabis concentrate created through residual solvent extractions. The marijuana products impacted have a test date between August 10, 2021, and November 16, 2021.

Are You Protected?

The product liability insurance works as a safeguard for business owners since it can help cover various instances where a product could cause damage or harm. If a customer claims injury or loss caused by your business’s product, your product liability policy will step in to cover the cost of the claim.

Product liability insurance isn’t merely a product guarantee or warranty. It protects businesses from the fallout that occurs in the event that a product causes injury or other damage to third parties. Product liability insurance can help protect you in the event that your business faces a lawsuit.

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