In an article published in the June Issue of MG Magazine, Colton Griffin provides insight on the importance of companies budgeting for change and technology amid the novel coronavirus outbreak – just one more sign businesses need to be agile across their sphere of operation.
Running a successful cannabis business is not easy regardless of position on the supply chain. “Our industry faces a uniquely heightened regulatory burden of overseeing and monitoring the entire process from seed to sale while navigating an ever-changing patchwork of state and local regulatory requirements,” explained Griffin. “One of the most common and unfortunate challenges is lack of preparedness for a change in management or new digital standards.”
Throughout the article, Griffin explores the unique challenges the cannabis industry faces and some best practices.