Creating Marijuana Legislation for a Successful International Cannabis Economy

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When it comes to establishing a national cannabis industry and regulations, there is no shortage of complications for governments and the people working within them. Establishing marijuana legislation that will set your country up for success is one of the greatest challenges nations face as the global economy embraces cannabis.

Higher Yields Consulting Creating Marijuana Legislation for a Successful National Cannabis Economy

The potential pitfalls around legality, public opinion, and opposition make developing laws around this burgeoning sector something of a minefield.

However, if done right it also has the potential to be incredibly rewarding, allowing your country or state to get a headstart in an industry that’s just beginning to emerge but has staggering potential for growth.

Higher Yields Cannabis Consulting exists to help nations set themselves up as visionaries and pioneers in the cannabis industry by encouraging new enterprise and regulating a healthy industry. From Malta to Mexico, my team and I at Higher Yields Cannabis Consulting have helped governments find the legislative formula that works best in the rapidly changing cannabis landscape.

National cannabis regulations include everything from recordkeeping to inventory tracking and compliance – not to mention training and education across multiple areas. There have been a few hurdles to overcome — even importing and exporting CBD comes with its own array of challenges — but we’re passionate about helping nations move the cannabis industry in a positive direction.

For those working with marijuana legislation on the international stage, there’s a long list of factors to be aware of.

Marijuana Legislation Can Provoke Backlash

The legal cannabis industry is still very young. Most people can remember very clearly the days when anything related to cannabis was illegal, and certain groups of people are keen to return to those days. Although 62% of Americans support legalizing cannabis, that still leaves a lot of people to convince.

Any attempts to build and grow an international cannabis industry in your country will be met with opposition. Cartels, other businesses, religious and anti-drug movements, and certain elements of the media are just a few of the forces who may offer resistance.

However, this is normal and to be expected, and it shouldn’t discourage you from setting your nation up for success with healthy marijuana legislation. The important thing is to get clear on a strategy and find a way to prioritize legal compliance, public health, and safety.

Cutting Through Bureaucracy

Bureaucracy is traditionally a slow mover. It’s something all governments are well aware of and something that can’t really be avoided, especially in an area like marijuana legislation.

The best way to mitigate the red tape is to have local contacts and teams working on the ground. Focus on building networks with groups including:

  • Influential political and community leaders
  • Industries related to cannabis, hemp, and CBD
  • Local businesses in the agricultural, health, and wellness spaces
  • Governments of other nations and states

Creating the right connections can help cut through the red tape and bring a wider perspective and deeper understanding of areas beyond your team’s direct experience. Additionally, your connections can make things happen while stirring up buy-in from the community, which will support you in creating legislation that’s both effective and accepted.

Keep it Local

An international cannabis industry will, of course, require working with corporations and governments from other nations and other states. However, a successful foundation for a national cannabis industry starts by building local infrastructure.

To preserve the independence and autonomy of your own industry, a top priority should be to build self-sufficient teams set up for independent success. Insist on doing things your nation’s way and maintaining control of your operations in order to ensure your country’s or state’s top priorities are protected.

Forming solid relationships with corporations and organizations that work in your country will allow you to support a domestic economy, share knowledge and expertise locally, and build a local movement rather than simply importing methodologies from abroad.

Understand the Nuances of the Global Market

Every country and even every U.S. state has its own way of doing things. Nowhere is that more true than the constantly changing cannabis industry. There are legal, regulatory, and cultural differences to consider when forming your own legislative structure.

Higher Yields Consulting Creating Marijuana Legislation for a Successful National Cannabis Economy

In the EU, for example, laws between countries can be wildly different. For instance, Poland and the Czech Republic are neighbors, but the former hands down prison sentences for marijuana possession while the latter takes a much more relaxed approach.

Malta is another interesting case. Since the small country isn’t part of the EU, it is often used as an entry point due to its different laws. Consider international cases, what has and has not worked for others, and what sets your own country apart in order to use international market knowledge to your advantage when developing marijuana legislation.

It’s important to understand these nuances so you know where to focus energy, how to build relationships with other countries, and how to plan a thriving import and export industry. In particular, partner with organizations that have established global cannabis commerce networks to give your nation a leg up in the international marketplace.

Watch the Market & the Competition

It’s vital to keep a finger on the pulse of the international cannabis market as it’s constantly changing in different ways all over the world. However, national and state leaders have a hard time keeping up with the fast-paced fluctuations around the world.

Another thing to consider is competition and opposition. In many African countries, for example, powerful trade unions can make it nearly impossible to get any product in or out, destroying any hope of running a profitable business there without careful planning. With tight local regulations on domestic sales, too, not knowing the best business pathways can set a cannabis industry up for failure from the start.

Situations can also change rapidly, with a formerly hostile country becoming a potential market and vice versa. The legislation you develop around marijuana will need to take into account the opportunities and risks involved in the global market.

As your country or state develops an international cannabis industry and the laws around it, you’ll have to remain constantly up to date with every development in the countries you hope to form relationships with.

Give Yourself the Best Chance

To build a successful international cannabis industry in your country with a solid legal framework behind it, you’ll need a global support network. At Higher Yields Cannabis Consulting, that’s what we do. We help our clients and the entire network by allowing resources and profit to flow abundantly.

When our clients have problems, we provide solutions.

Our global network functions a little like an exclusive cannabis conference – a one-stop hub for everything and everyone you need to be successful. We bring companies, experts, and governments together, and by working with us you get access to that network.

If you’re beginning to pull the pieces of a national cannabis industry together and need help navigating this new terrain, reach out to us. We’ve worked with countries on five continents create comprehensive regulations, compliance practices, and tracking systems and break into the cannabis economy with confidence.

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Higher Yields Cannabis Consulting

Higher Yields Cannabis Consulting

Higher Yields Consulting is a Marijuana Consulting Group comprised of industry experts with decades of combined experience in the legal industry. Whether you are looking to get into the business or already have a license we can help your business succeed. Call (844) HI-YIELD to schedule a free initial consultation.

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