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How Businesses Are Affected by Increased Regulatory Compliance in the Cannabis Industry

May 14, 2018 posted in Regulations, Cannabis business, Cannabis compliance, Metrc integration

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Can your supply chain software run your business while also keeping you compliant?

Cannabis businesses are facing a growing challenge: Compliance.

So far, 9 U.S. states have legalized recreational marijuana and 29 U.S. states have legalized medical marijuana. As the cannabis industry continues to grow and mature, however, states are ratcheting up their oversight and expectations, and there is an increasing need for consistency in regard to the quality of the product and the operations that surround it. 

Operators have to maintain compliance with state regulations while also thinking ahead to what will happen when the federal government removes cannabis as a Schedule 1 drug, paving the way for the FDA and other federal organizations to become involved. Naturally, we have to be prepared by asking ourselves some important questions, such as:

  • How do I prevent fines when being audited?
  • What can I be doing to avoid a cease and desist letter?
  • How do I quickly and easily provide the information requested during an audit to both protect my business and allow me to get back to operations as soon as possible? 
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Canna-Business Evolution: Massive Changes are Accelerating the Industry

Apr 30, 2018 posted in Seed-to-sale, Cannabis industry, Regulations, Cannabis business

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Change is not only coming, it’s already here. In case you’ve missed some key highlights recently while celebrating 4/20, consider this:

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Canada is Taking a Different Stance on Cannabis Laws

Mar 19, 2018 posted in Seed-to-sale, Regulations, Cannabis compliance

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Domestically in the United States, licensed cannabis business owners are working hard to deliver superior value to their customers while also maintaining compliance with state and local agencies. To say the least, the challenges facing these businesses can be both daunting and uncertain. Not only is there very little, if any, assistance for these companies, everyone is walking on egg shells to ensure their licenses are not revoked and they are not fined large sums of money.

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2018 Colorado Seed to Sale Show Recap

Feb 26, 2018 posted in Seed-to-sale, Cannabis cultivation, Cultivation technology, Cannabis software, Cannabis technology, Regulations, Greenhouse technology, Cannabis compliance

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Attorney General Reverses Federal Marijuana Position

Jan 5, 2018 posted in Seed-to-sale, Regulations, Cannabis business, Cannabis compliance

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Attorney General Jeff Sessions has rescinded the Obama-era position of the Federal government to not intervene in states that have legalized marijuana. Whether this ends up being a major, minor, or non-issue remains to be seen. This does, however, further encourage individual states and the owners/operators of canna-businesses to focus on compliance.

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A quick guide to winning a cannabis license in California!

Sep 1, 2017 posted in Cannabis industry, California cannabis license, Regulations, California, California regulations

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On January 1, California will begin issuing licenses allowing businesses to legally sell marijuana for recreational use. It is estimated that recreational marijuana sales will command about 60 percent of the state’s pot market — accounting for about $5 billion in annual sales. For anyone looking to step into the cultivation industry, this is a great opportunity. Here are a few key things an entrepreneur looking to operate in the cannabis industry should know about the new regulatory environment.

 

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