Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:


% of readers think this story is Fact. Add your two cents.

Thеwаrbеingwаgеdfоrmаrijuаnа’ѕlеgаlассерtаnсе in Amеriсаmay be finally over due to the growing state legalization of cannabis for recreational and medical use, including the recent addition of California and Nevada to the list. It certainly has not been an easy road to de-stigmatize something that is still considered an illegal drug under the federal code. While researchers, advocates, and growing public acceptance of cannabis has helped in many ways to spread awareness that cannabis should not be on the same danger list as cocaine, heroin, and meth, issues related to how it is regulated continue to put it next to these dangerous substance.

One of the ways that those in the cannabis industry are looking at to create major change is a way to leverage technology so that government can monitor and track cannabis compliance for a standardized approach that could win a change to the federal code. Professional services firms and tech startups have heard the pleas of those in the cannabis industry and see the opportunity to help this growing industry.

Cannabis Compliance Consultants

In looking to provide direction for those in the cannabis industry, one approach has been to develop a business niche of compliance consulting to provide education and awareness as to the most appropriate strategies for developing a compliance cannabis business. Companies like American Cannabis Consulting offer compliance audits to help their clients ensure that their cultivation operations or retail dispenseries adhere to the current laws related to both recreational and medical cannabis markets.

With evolving regulations that seem to change often, companies like this help with regular audits to bring every business up to the current codes related to hiring, training, business operations, marketing and payments. These types of firms also provide strategies for automation and technology investments that can assist the cannabis business as they scale.

Technology Platforms for Cannabis Compliance

Companies like KIND Financial have determined that providing a dual-platform for both government agencies and those in the cannabis industry might stimulate collaboration and tighter integration to yield more standardized practices, an efficient way to share regulatory updates and information on new requirements, and foster understanding and appreciation for what each is doing to move the cannabis industry forward as a legitimate enterprise.

Its Agrisoft platform, powered in part with Microsoft technology, for government and regulatory agencies allows them to collect and monitor the necessary data to monitor compliance across the entire lifecycle of cannabis businesses, including growing, inventory management, cash management and collection, anti-money laundering, state and local taxation, and financial and operational oversight. This includes tracking jurisdictional laws and rules that govern such businesses. 

Similarly, the Agrisoft platform for cannabis companies presents features that provide the same benefits, keeping them updated and aware of how current regulations impact all parts of their operations so they remain compliant. The seed-to-sale software solution also delivers the necessary data security that is crucial for an industry already under scrutiny and one that has a significant amount of sensitive data available. The company also offers payment solutions that also ensure compliance and provide greater opportunities to use similar transaction processes that other industries already enjoy but were previously unavailable to those in the cannabis industry due, in part, to regulations placed on financial institutions.

Learning Management Systems

Another unique solution is the use of what is known as a learning management system. Organizations like Cannabis Integration provide an open-source solution for training and compliance. Their software offers a way to develop employees so they understand the regulatory environment that should guide all their decisions and actions. Their open-source platform helps more companies create government compliance reports, ensure that everyone has the latest information about changes in regulations, and reduce the cost of training and development to raise the bar on the standards for the entire cannabis industry.

Summits and Conferences

Recently held in Los Angeles, the 2nd Annual Cannabis Compliance Summit also illustrated how those thought leaders in the cannabis industry, regulators, and those working to develop compliance-related technology solutions can collaborate and brainstorm while building awareness for what the industry is trying to accomplish. Other industries have used these meetings to make significant changes to how their industry is perceived while also develop innovative solutions to existing pain points in the process. Additional regional, national, and global conferences and events are planned for 2018 and beyond like this summit that are important for those in the cannabis industry to get involved with so they can ensure they are following the current regulations and help shape the future compliance framework.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.