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Due to the sheer volume of statutes, regulations, and other guidelines cannabis businesses must comply with, developing a comprehensive cannabis compliance program is challenging. However, legal complexity may be one of many causes.
Prioritizing enforcement over providing compliance resources to licensees may also contribute to compliance struggles. When a jurisdiction legalizes cannabis, extensive resources are devoted to developing a regulatory structure and licensing process. After granting licenses, the remaining resources are commonly allocated to inspections and other enforcement measures. Meaningful compliance resources to help new licensees keep their doors open are rare. Focusing on enforcement and a gap in compliance outlets sets the stage for a contentious relationship between regulators and licensees.
Should the cannabis industry accept the adversarial relationship that often forms between regulators and licensees as the status quo, or should it reframe its approach to cannabis compliance?
Feasibility Of Cannabis Compliance Resources
Providing access to ongoing compliance resources could improve the relationship between regulators and licensees by equipping licensees with tools to enhance their compliance programs. Increased compliance know-how may reduce the frequency of inspections and the severity of any resulting punishment that drives a wedge between regulators and licensees. [Read More @ Forbes]
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