A method of producing a label for a prescription pharmaceutical storage container includes providing a label system having at least a first label panel, a second label panel, and a third label panel positioned on a single rectangular label. Indicia providing critical prescription information is printed on the first label panel. On the second panel, indicia providing one of a continuation of the prescription information and warning information is printed. The continuation of the prescription information is printed on the second label panel when a length of the prescription information is too long to fit on the first label panel and the warning information is printed on the second label panel when the length of the prescription information fits on the first label panel. The warning information is printed on the third label panel when prescription information is printed on the second label panel.