Is a Cannabis Business Compliance Certification Necessary?
In addition to the normal requirements for businesses to get up and running, those within the cannabis space have also begun pursuing compliance certifications. These certifications can be useful, but many may wonder whether they are strictly necessary. To answer this question for yourself, you should first understand what they are and what purpose they […]
Let’s Talk AML Compliance: Cannabis Business Laws
Fines and penalties for noncompliance can be incredibly stiff for companies operating within the cannabis industry. Non-compliance knowingly or , unknowingly, can carry serious consequences for your business and yourself. In fact, even providing services (financial or otherwise) to businesses within the marijuana industry can present legal challenges and high risks. Knowing all cannabis business […]
Is your Cannabis Business Doing Enough to be Compliant?
As cannabis laws and regulations continue to evolve, dispensaries, producers, and others involved in the supply chain must take extra precautions to ensure they remain compliant. Violations can easily lead to business-ending repercussions. But how do you know if your cannabis business is doing enough? What is Compliance in the Cannabis Industry? Compliance in the […]
Why Compliance Must Be a Priority In Your Cannabis Business Plan
Throughout 2020, the cannabis industry saw significant growth. In Colorado alone, sales jumped 26 percent, reaching $2.2 billion by the year’s end. This substantial increase coupled with positive projections for the industry’s future has led many to launch their own cannabis business. While success may seem imminent, ensuring you’re fully prepared to take on fraud […]
