Insuring your budding business.
The laboratory has a direct responsibility to their clients to provide an accurate analysis for compliance purposes. If the test fails to be accurate the client will lose money, time, and possibly their licenses and permits. Professional liability insurance is an extremely important insurance policies all cannabis laboratories should have. This policy when written correctly reduces the exposure of the information that appears on the COA if the equipment or employee fails to perform an accurate test due to equipment issues or lack of training.