Without regulatory compliance, you don’t have a business to build upon.
In this industry, compliance is king. Businesses that fail to consistently meet all applicable regulatory requirements put their customers, communities, and operational licenses at risk. Cannabis regulatory compliance is the most critical area to focus on when determining the feasibility of a product or service, writing a business plan, submitting a license application, or becoming operational.
To avoid costly and potentially fundamental mistakes, cannabis entrepreneurs need to have a firm grasp on such aspects as seed-to-sale tracking, Standard Operating Procedures (SOPs), compliant packaging, and data reporting. Ensuring compliance in the planning stages of your business will help you to avoid brand damage and profit loss when you become operational.
With multiple levels of regulations to track and interpret, entrepreneurs are challenged to incorporate continually changing rules from several different agencies. 3C helps you to stay agile in the face of fluctuating regulations so you can build resiliency for the future of your business.
➤ | Implementing local regulations into required areas of your business plan. | ➤ | Developing or auditing your financial, security, and inventory plans. | ➤ | Creating comprehensive SOPs and protocols such as cleaning, waste and spill kit SOPs, supplier agreements, and security protocols. |
➤ | Creating and/or reviewing documentation such as training manuals and process procedures. | ➤ | Mitigating regulatory challenges. | ➤ | Securing compliant real estate |
Researching, planning, and implementing compliant operating procedures for your venture is one of the biggest hurdles in the cannabis industry, but we’ve made it our specialty. Understanding which regulatory agencies you will need to work with and how their requirements apply to your operation is just the first step.
Once you have done a basic overview of how local regulatory compliance of cannabis will work into your business model, we recommend that you familiarize yourself with local concerns and specific ordinances by attending public hearings and meeting members of the community’s health, agriculture, planning, zoning, police, fire, and building departments.
It is also a good idea to review some of the common pitfalls experienced by kindred operations. For example, some of the main cultivation center infractions involve not maintaining inventory records and logs for such areas as materials changes and safety, as well as chemical and pesticide applications.
Establishing clear SOP’s for tracking, logging, storing, and selling cannabis now, can prevent you from serious fines or even shutdowns in the future. Having conducted hundreds of cannabis compliance audits in several different states and countries, we know attention to detail is crucial for implementing and maintaining cannabis regulatory compliance in this industry.
Our team will work with you to:
From initial business planning to ongoing operations,
Schedule an exploratory consultation with us, we want to hear about your venture!
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