While Canada’s retail cannabis regulations continue to improve, we know one thing: the industry is booming. Podle Deloitte , “Total recreational and mical device sales in Canada between 2018 and 2021 are estimat to total 1 TP4T11 billion, of which two-thirds (67.81 TP3T) were for recreational cannabis.
It is clear that there is a lot of opportunity in the cannabis space, so we can expect to see more and more businesses entering the market. If you’re considering just that, one of the first things you should focus on is compliance.
In this article, we’ll outline the key steps you should take to ensure your marijuana dispensary stays on the right side of the law and operates within all safety and community standards.
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Be proactive in following compliance news and updates. The official regulations may not have been releas yet, but don’t wait until they are finaliz to take the necessary steps to comply.
“Use compliance to your advantage,” advises Dennis O’Malley, president of Caliva . “If you’re on the front end of compliance versus waiting until the last minute, your customers will appreciate that you’re a well-run business that cares about them and that you’re ahead of the curve.”
Lloyd Banks CEO of the echoes this
saying that “compliance is a 24/7/365 requirement for any successful licens provider in the mical or recreational what kind of people am i looking for on my team? marijuana industry.”
Trying to keep track of all things cmo email list compliance can be tough, especially in the cannabis industry. As Banks said, regulations and guidelines are constantly being revis and develop. The key to keeping things under control is working with the right people.