The High Risk and Complexity of Cannabis Compliance

Regulatory compliance is one of the areas operators find least interesting, yet it is one of the highest areas of risk for a cannabis industry business. With such high stakes and complexity, you don’t want to risk handling this responsibility on your own. Instead, operators can trust Da Hot Box Inc. as a reliable cannabis compliance resource for this topic that must be addressed and must be addressed correctly.

Da Hot Box Inc. helps you navigate your own set of regulations based on your operations and location. Another benefit of trusting Da Hot Box Inc. with your compliance concerns is the team’s broad network of relationships and track record of industry advocacy. Da Hot Box Inc.’s team can connect you with committees, lobbyists, and other resources to help refine regulations so they’re more favorable to businesses in your area.

In the cannabis industry, flawless compliance is of the utmost importance. As some of the first organizations to forge the path, the scrutiny is intense and opponents are looking for errors and waiting to catch mistakes to support their cause. Bringing the experienced compliance resources of Da Hot Box Inc. to your team can help you uphold this high standard and help build favorable impressions of the cannabis industry.

Compliant processing is about to change. 

It's expected that forthcoming regulations may cause as many as 30% of current cannabis processors and manufacturers to close their doors.

Whether you are pre-license, pre-operational, or already up and running, you'll need to meet compliance standards to remain viable.

Da Hot Box Inc. and Industry Alliance partners can deliver everything cannabis processors and manufacturers need to build or optimize a solid-compliant extraction operation.

Government compliance will impact your business plan, financial model, assumption testing, and facility selection and design.

Understanding the Compliance Environment

From the licensing process to renewing your license is a big area of risk. The window of time to submit for renewal or report changes to ownership, personnel, or location is very specific. If employee badges expire, for example, and they are still working, you will be hit with big fines. Tracking and reporting requirements are heavy — some daily, some weekly, quarterly, or yearly — and can take a full-time employee or full team to manage this closely and accurately. Dispensaries are the most exposed and visible part of the industry to the public because they have the most interaction with the outside community. With this exposure comes a responsibility to ensure that all appearances convey professionalism and are a positive representation of the industry