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.