Instead of treating compliance as an afterthought or a thorn in the side of your business plan, get to know it as your ally and constant companion early on in your journey. Compliance is the foundation that helps support everything else. At its worst, it levels the playing field and ensures a fair game while keeping the fans and players safe. At its best, it pushes you and your team to create the absolute best cannabis product. Learn some examples of these regulations, how to maintain impeccable compliance, and building a team based on an absolute dedication to quality.Continue reading
It’s 11:00 o’clock on a Saturday night. Do you know where your plants are? METRC does. Now that cannabis has gone mainstream, your ladies have no privacy. They’ve gone from grow light to spotlight as cannabis business compliance has become as critical as hybridizing the latest strain.Continue reading
Cannabis Compliance: Why Your Cannabis Business Might Need A Complete Compliance Audit
CANNABIS COMPLIANCE – OVERVIEW OF THE BEST FOUNDATIONS
In the new cannabis industry regulations have a way of creeping up on you. Cannabis compliance regulations are in a constant state of change as the industry is just beginning to grow and adjust as is the case with any new market.
How does a cannabis business hope to stay on top of compliance and regulations?
Higher Yields Consulting helps with cannabis consulting for most cannabis businesses who are in need of fulfilling cannabis compliance requirements – in all 50 States of the U.S.
Our cannabis business compliance consultants specialize in giving a thorough compliance audit to check for any business compliance gaps a cannabis business may have.
We’ll go over the foundations for keeping your cannabis business compliant with the current and ever-changing regulations. With the foundations up to date, you’re ready to maximize your efficiency in business processing and operations.
WHAT IS CANNABIS BUSINESS COMPLIANCE?
Cannabis business compliance is the process of business adhering to established laws, standards, regulations, policies, and remaining up to date on emerging trends. When abiding by the regulations the state government sets forth, it’s necessary to have cannabis compliance as one of your primary business goals.
Cannabis compliance can help cannabis businesses achieve other goals for overall growth in the business. Taking the necessary steps to comply with relevant laws that change consistently within the industry will keep your business ahead of competitors.
Below are the following types of cannabis businesses we help through cannabis compliance:
- Provisioning Center/Dispensary
- Secure Transporter
- Safety Compliance Facility or Lab Testing Facility
- Cannabis Facility
- Cannabis infused Product or Cannabis Edibles
- And much more
We help cannabis businesses remain ahead of the curve through a complete cannabis compliance audit.
INITIALIZING A CANNABIS COMPLIANCE AUDIT
A cannabis compliance audit is an extensive review of a cannabis organization’s adherence to the laws and regulations. A compliance audit for any type of cannabis business will give us an idea of what stage you’re at.
Higher Yields Consulting will walk your business through all the compliant intricacies. Whether you want a cannabis business to show up on the US map (by filling out a cannabis business license application) or you need to identify a missing regulation requirement.
Our cannabis consulting company will quickly and accurately divulge the following business compliance prerequisites any type of marijuana business needs to operate accordingly within the local state.
1) STANDARDS OF GETTING A CANNABIS BUSINESS LICENSE AND PERMIT
Before opening a marijuana business, you’ll need authorization to operate through a cannabis business license and necessary permits. Our cannabis consulting company will help you through the initial application process.
As you apply for a cannabis business license there are several things the local state licensing board will need.
The basic cannabis business license requirements is ensuring your business has the following:
- A well-thought-out business plan.
- A well-written license application.
- Proper documentation authorization.
- An efficient & diligent team (contracts with trusting partners).
A cannabis business license and permit will allow you to do many things, as a business, depending on your local state’s regulation guidelines.
2) IMPLEMENTING STANDARD OPERATING PROCEDURES (SOPs)
Other than getting cannabis business licenses to permits, it’s important to have SOPs.
Whether you own a dispensary or a grow facility, a standard operating system (SOPs) analyzes and describes every detail in every task performed. SOPs are education and communication-based tools that help operational team members learn a functional process for efficient business growth.
3) MARIJUANA BUSINESS IN NEED OF SEED TO SALE SOFTWARE (METRC, BIOTRACK)
Our cannabis consulting includes a functional seed to sale software or METRC analysis for your marijuana business. METRC is an acronym for Marijuana Enforcement Tracking Reporting Compliance.
This is specifically design for the government to analyze transaction tracking and tracing in dispensaries, grow facilities, extraction lab facilities, or cannabis edibles production facility. METRC is an advanced way to track all necessary business production operations.
BioTrack is a seed-to-sale tracking system, similar to METRC, in the cannabis industry that helps supports many marijuana businesses. It’s essentially seed to sale software system to analyze cash flow operations.
4) INTEGRATING AN EFFICIENT OPERATIONAL SECURITY INFRASTRUCTURE IN A MARIJUANA BUSINESS
In our cannabis consulting process of conducting a cannabis compliance audit, we ensure your marijuana business is compliant with security measures.
It’s important to build a security infrastructure to safely guard your marijuana business against negative influencers.
HIGHER YIELDS CONSULTING WILL RELIEVE YOUR MARIJUANA BUSINESS OF A CANNABIS COMPLIANCE HEADACHE
When marijuana businesses utilize a cannabis consulting company like Higher Yields Consulting, your business will operate at top efficiency and stay ahead of changing cannabis industry regulations.
As a business thoroughly abides by strict regulatory compliances (from submitting a well-written cannabis business license), to using safe security measures, the marijuana business will succeed when obstacles appear.
Contact us to get your cannabis business compliant today.
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California Cannabis Consulting
Why Choose us for Cannabis Consulting in California?
So why should you choose Higher Yields Consulting for cannabis consulting in California? We have years of combined experience with the legal marijuana market. HYC was active and present in the first state to legalize so naturally we’ve been through all the regulations and pitfalls that are bound to be obstacles in states with new legalization legislation. Do not trust just anyone with your investment, choose experience, choose results.
California’s new recreational cannabis industry is on track to be the largest market in the United States with an estimated $3.7 billion in sales by the end of 2018. Over 400 licenses were issued on the first day of legalization, and the state is projected to bring in $1.4 billion in tax revenue by 2021.
As the world’s sixth-largest economy, and with a population of over 40 million residents, now is the time to get in on the industry and become established in California’s marketplace.
Competition will undoubtedly by very high as licensed recreational dispensaries and grows begin to roll out across the state – the companies and organizations that will be successful and have longevity will be those that not only stay compliant with California’s cannabis laws, but also differentiate themselves in unique and innovative ways.
With three separate state agencies regulating the cultivation, manufacturing, distribution, testing, retail sales, and micro-business compliance, navigating California’s legal cannabis framework can be a bit of a maze.
CalCannabis Cultivation Licensing (CalCannabis) is part of the California Department of Food and Agriculture and regulates cultivation. The Manufactured Cannabis Safety Branch (MCSB) is part of the California Department of Public Health and regulates the manufacture of cannabis. The Bureau of Cannabis Control (Bureau) is part of the California Department of Consumer Affairs and oversees the distribution, testing, retail sales, and microbusiness compliance.
Additionally, there are over 17 license categories depending on the type of business, along with an arduous application process. This may all seem like a headache, especially for already well established grows operating behind the scenes yet, thankfully, California is undergoing a legislative effort to bring the existing cannabis industry under regulation and above board.
Again, the businesses that will succeed in this industry are those that comply with the new laws and regulations established by the state.
Getting started in California’s cannabis industry means a lot of time, money, and paperwork. For example, applying for a license not only comes with a hefty fee (depending on the type of operation), but also requires evidence of a surety bond, evidence of enrollment with the applicable regional or state water board, evidence of a hazardous materials record search, identifying all power sources for cultivation activities, a property diagram, a proposed cultivation plan and, last but not least, arranging financial services and banking.
At Higher Yields Consulting, our team of experienced professionals can handle the process from A to Z. We’ve worked with established business who want to remain compliant, and helped new owners get off the ground running with all of their paperwork in order.
By working with us you’ll know that you are compliant, your grow is operating smoothly, and that you stand out from the crowd with our innovative, outside-the-box thinking on attracting customers to your products and services.
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Why METRC Compliance Services?
METRC compliance is one of the most important aspects of your cannabis business. A wise man once said, “If you are going to play the game, you must first know the rules.” Similar to compliance, knowing the rules is the first thing we should do and often the last thing we want to do! Some businesses are so far out of regulation with Compliance that one random inspection by MED (Marijuana Enforcement Division) could spell disaster for the owner’s investment and could even result in a pulled license. METRC Certification and Training are a high priority investment for any successful cannabis business.
Tracking products and understanding how to properly use METRC (and, worse, keeping on top of the updates!) or your state required seed to sale system can be a daunting task. But failing to do so can result in catastrophe. Higher Yields can provide you with the peace of mind you seek with our METRC Certification and Training services.
It’s Never A Bad Time To Seek Out METRC Compliance Training and Certification Services
So let’s figure it out before it’s too late with our METRC Compliance professionals. Calling in professionals at the last minute is always an option, but know that emergency situations bill at emergency rates. Marijuana Consultants can get pricey when called into these situations. Even a little preventive maintenance up front can help avoid common (or disastrous!) pitfalls down the line. A good Marijuana Compliance Consultant will be up-to-date on current issues. Bringing in someone who knows the rules can save your business money, time, and serious heartache. That’s not to mention how the heavily regulated compliance here in Colorado helps protect us from the Federal Government. So get with it, for all our sake, and keep the Feds out of Colorado!
Higher Yields Is Your Choice For METRC Compliance Services
The newness of the marijuana industry makes it hard to identify issues when rules are so subjective. Knowing someone familiar with the details, with a vision of the road ahead, is invaluable to a business when MED stops by for a METRC or Seed-to-Sale Audit.
Whether compliance worries have you lying awake at night you or MED is knocking on your door, contact the professionals at Higher Yields Consulting for your METRC compliance training and officer placement. We can get you back on your feet and on the road to peaceful sleep.