Depending on the state, cannabis companies are bound by specific obligations designed to protect their employees if they are hurt on the job. They’re not alone. Every industry has to deal with requirements like this!
The states go about enforcing this idea in different ways but most require employers to purchase an insurance policy that can help a worker who is hurt on the job and can’t perform anymore. Many states also set minimum insurance limits that cover the cost of lawsuits from employees following a workplace injury (aka “employers liability”).
Only a handful of states (known as “monopolistic” states) administer their own mandatory workers comp program in which employers automatically participate. This means that, odds are, you’ll have to obtain the coverage yourself from the private market.