How Marijuana Businesses Fail December 12, 2016 Steve Owens Compliance and Regulations 2 Comments After conducting more than 450 compliance inspections on marijuana licenses and providing detailed compliance reports with scores for license owners, investors, banks, insurance and real estate providers, compliance data tells a compelling story. Where do marijuana businesses most commonly fail?… Read More→
How to Open a Marijuana Bank Account October 12, 2016 Steve Owens Banking, Finance & Real Estate 1 Comment According to the Associated Press (AP), more than 300 banks and credit unions (institutions) in the United States now handle marijuana money. This is almost a 500% increase from early 2014. There are more than 25 states with some form… Read More→
Ban the “Pop-Tops” for Child Safety October 6, 2016 Steve Owens Opinions, The Buck Stops Here 2 Comments By Steve Owens Have you ever seen children’s aspirin in a “pop-top” bottle or container? No. If the Federal government decided to re-schedule marijuana to Schedule II or lower after the election, 30% or more of the marijuana products on… Read More→
Top 5 OSHA Infractions for Cannabis Businesses September 29, 2016 Steve Owens Compliance and Regulations 1 Comment Even though marijuana businesses are not federally supported, they still must adhere and comply to all federal laws and regulations for protecting their employees. Under the Occupational Safety and Health law, employers have a responsibility and obligation to provide a… Read More→
Top 5 Infractions for Inventory & Financial September 17, 2016 Steve Owens Compliance and Regulations 0 Comments The Inventory and Financial category is one (1) of fifteen (15) cannabis compliance areas that the Adherence SCORE App evaluates. Inventory and financial is perhaps one of the most important considering state-mandated chain-of-custody rules, taxation and revenue requirements. Here are… Read More→
Top 5 Security and Surveillance Infractions September 5, 2016 Steve Owens Compliance and Regulations 1 Comment By Steve Owens Some of the most costly violations for marijuana businesses are related to inadequate security and surveillance systems in licensed marijuana operations. When violations or incidents occur with inventory, employees, or activities within the licensed premise, the first… Read More→
Getting Ahead of the Curve for Compliance in California July 14, 2016 Steve Owens Compliance and Regulations 3 Comments Cannabis businesses in California are starting to experience more and more regulatory hurdles. With cities and counties continuing to develop and publish new regulatory code and marijuana statutes, the landscape for compliance in California is emerging. The number of regulatory… Read More→
Top 3 Transportation Compliance Infractions: All Colorado Medical and Recreational Licensees May 20, 2016 Steve Owens Compliance and Regulations 0 Comments By Steve Owens The Cannabis Industry is one of the most highly regulated industries in the world, on par with financial services, pharmaceuticals, gaming, and health care with regard to the depth and complexity of the regulatory framework. Not only are… Read More→
Top 5 Compliance Infractions: Colorado Medical and Recreational Infused Product Manufacturers May 2, 2016 Steve Owens Compliance and Regulations 0 Comments Editor’s Note: This is the third in a three-part series on top regulatory compliance infractions for medical and recreational retailers, manufacturers and cultivators in Colorado. See here for the first part on Retailers, and here for the second part on Cultivators. The Cannabis Industry is… Read More→
Top 5 Compliance Infractions: Colorado Medical and Recreational Cultivators April 11, 2016 Steve Owens Best Practices, Compliance and Regulations 0 Comments Editor's Note: This is the second in a three-part series on top regulatory compliance infractions for medical and recreational retailers, manufacturers and cultivators. See here for the first part on Retailers. The Cannabis Industry is one of the most highly regulated industries… Read More→
Top 5 Compliance Infractions – Medical Dispensaries and Retail Stores February 13, 2016 Steve Owens Best Practices, Compliance and Regulations 0 Comments The Cannabis Industry is one of the most highly regulated industries in the United States. Not only are cannabis businesses subjected to state licensing and regulatory requirements, they must support city/county/municipal and federal regulations and authorities as well. The overall… Read More→
Transferring Liability – Labeling, Packaging and Public Safety January 21, 2016 Steve Owens Compliance and Regulations, Packaging 0 Comments To legally sell marijuana to a medical or recreational consumer, the labeling and packaging must be compliant and product safety and public health concerns must be proactively addressed. In the marijuana industry, infused producers (edibles, concentrates, etc.) and packaging and… Read More→