Third-Party Vendor Management for Cannabis Business: Why It Matters For You

Third-Party Vendor Management for Cannabis Business: Why It Matters For You

For any business, third-party vendor management is essential to ensure compliance, reduce risk, maximize profit and sustain business operations. But when it comes to cannabis, the importance of proper due diligence in vendor management becomes even more evident. You’re dealing with a product that could be easily abused. Without proper cannabis vendor management, your business could be exposed to unnecessary risk—from financial and operational challenges down the line.

Cannabis Growers, Sellers & Processors: What's The Difference

Cannabis Growers, Sellers & Processors: What’s The Difference?

As the cannabis industry continues to grow, so do the number of business models available to entrepreneurs. While some companies focus on growing their own cannabis crops, others make their profits by selling marijuana to other businesses through a processor or distributor. Each type of cannabis business must apply for different licenses as required by the laws in the state of operation.

Seed-To-Sale Tracking: What Cannabis Businesses Need To Know

Seed-To-Sale Tracking: What Cannabis Businesses Need To Know

Product lifecycle tracking is a necessary and critical aspect of running a cannabis business. As the industry continues to grow, so does the need for a proper seed-to-sale tracking system to help cannabis companies take full advantage of their inventory tracking and distribution systems and stay compliant.

If you want to start a cannabis business, or if you’re already in the game but want to improve your current system, you must know the best resources that are out there. The following guide will give you an overview of what must be considered when choosing a seed-to-sale tracking system for your cannabis business. But first of all…

How to Develop an Effective Cannabis Compliance Program

How to Develop an Effective Cannabis Compliance Program

Cannabis compliance is a must for any commercial cannabis business in operation today. An effective compliance program will protect your cannabis business, and everyone involved so that you can focus on what matters most: growing your business.

The Unique Challenges of Banking and Cannabis

The Unique Challenges of Banking and Cannabis

In this entry of the RADD CANN Compliance Blog, we discuss current challenges surrounding banking & cannabis-related businesses in the U.S.

Audit for cannabis business.

Why an Audit Might Be the Best Thing for Your Business

When most people hear the word “audit,” their pulse starts to race and their chest gets tight. An audit can be a very stressful event. Not all audits, however, are days of financial reckoning for you and your company. Certain kinds of audits can actually be the best thing for the health of your organization. …

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Cannabis business

Five Considerations When Starting a Cannabis Business

Starting a cannabis business can be an overwhelming endeavor. Companies that deal with cannabis face heavier regulation than most businesses at each level of government. While the industry offers many great opportunities, your business will fail unless every I is dotted and every T is crossed.

Welcome to the RADD CANN Compliance Blog

Radhika Lipton and Rita Ward created RADD CANN specifically to serve cannabis-related businesses, with their particular needs.

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