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Cannabis businesses face unique risks and challenges, and insurance slowly gaining its footing on how to properly insure this budding industry.

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Smoking Marijuana Photo: Stanimir G. Stoev/Shutterstock.com

Drug testing has been a staple of the hiring process for decades, helping employers across industries to mitigate their risk in terms of cost, productivity, liability and employee well-being. This is unlikely to change anytime soon, particularly in automotive, construction, manufacturing and other sectors where safety is paramount.

But with more states working to decriminalize or legalize marijuana use, routine workplace drug screening deserves a closer look. Last summer, Quest Diagnostics reported that the number of American workers and job applicants testing positive for drugs reached a 14-year high, with positive screens for marijuana at the top of the pile.

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