article thumbnail

Legalized Marijuana: Opportunities and Impact for Commercial Real Estate and Construction

HardHatChat

to legalize the use of recreational marijuana. As more states adopt laws legalizing recreational weed, marijuana companies are looking to get licensing and mobilize in those states quickly. Security, Mechanicals and More. Security features, for one, are a major difference between a dispensary and a ‘typical’ retail store.

Legal 260
article thumbnail

Cannabis Retail Construction: How to Navigate the Green Rush

HardHatChat

Between 2018 and 2022, Englewood’s national construction work in the cannabis retail industry grew by 100% and we expect that trajectory to continue as more states legalize recreational marijuana use and cannabis firms expand into new markets. That said, state regulations do add some additional layers to the nuts and bolts of these projects.

Retail 296
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Benefits of Contractor Management Services

Safety Services Company

Staying compliant, including meeting internal standards, is crucial for legal requirements and stakeholder trust. complete the necessary paperwork, and provide you with training resources to help you with compliance. Similarly, hiring clients will not prioritize companies with legal, security, and financial risks.

article thumbnail

The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

Although public liability insurance is not a legal requirement, it should be regarded as essential. Something as simple as a customer tripping over a hammer and hurting themselves could result in an accident claim – and without insurance, you could end up facing hefty fines and legal battles. Legal Documents. Business Plan.

article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

You must secure financing for the project. The success of a commercial real estate development project depends on many factors, including the ability to secure financing, navigate the legal process, and manage risks. They must also communicate their project and business plan effectively to potential investors and lenders.

article thumbnail

Preventing Falls: How Contractors can Master Ladder Safety One Step at a Time

Safety Services Company

To add, you face potential legal repercussions and a loss of productivity. Next, secure and fasten any necessary ropes, pulleys, or levers. Additional Safety Tips and Resources End with a call to action, like contacting Safety Services Company for comprehensive contractor safety solutions. Need more tips and resources?

Safety 93
article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement. The bottom line is: Subcontracting work will be very difficult to secure if you carry no insurance or policies with inadequate coverages. .