Author: Mark Slaugh

Product Liability in Cannabis In general, defective and dangerous products account for thousands of injuries every year in the U.S. The legal rules concerning who is responsible for defective or dangerous products have been in existence since the industrial revolution with unique differences from ordinary injury law. In fact, the rules in product liability sometimes makes it easier for an …

Author: Mark Slaugh

Due diligence for Suppliers and Cannabis Supply Chain Partners   Between the patchwork quilt of rules and regulations that is the modern cannabis industry, products pass through many hands before being sold to a customer. From sourcing, cultivating, manufacturing, distributing and vending, the relationships between a licensee and their vendors/partners up and down the supply chain is complex and touches …

Author: Mark Slaugh

Originally Published on the Cannabis Law Journal. Click here to view original publication. As trusted advisors in the cannabis industry, attorneys are counted on to provide legal guidance in a heavily regulated environment. Cannabis businesses that fail to retain legal professionals are doomed to fail. Authored By:  Whether we’re discussing exciting new M&A opportunities or emerging markets and applicants hoping …

Author: Mark Slaugh

The Value of Compliance for Publicly Traded Cannabis Companies When we founded iComply in Colorado in 2011, much was still very unknown about how each State would be treated by the Federal Government regarding cannabusiness. Back then, strict DOJ guidelines controlling investment made out-of-State investment non-existent. However, following the national legalization of Canadian recreational marijuana, publicly traded companies are alive …

Author: Mark Slaugh

iComply Methodology When explaining how iComply works with prospective clients, we demo our service offerings. We discuss how we work to achieve a level of compliance management tailored to our client’s needs and budgets. In every case, we explain the iComply Methodology. We’ve honed in since 2011 and proudly collaborated with our beloved cannabis business owners, managers, and stakeholders to …

Author: Mark Slaugh

The Hidden Costs of Non-Compliance Anyone owning and operating a cannabis business knows the value of proactive compliance management as fundamental for successful operations. However, as markets expand and people buy into existing or new cannabis businesses, they need to ask several important questions. One of the most important questions: “What do I know about successor liability?” In many instances, …

Author: Mark Slaugh

Management Value of Compliance When we ask prospects and operators how they manage compliance, the answer often reveals gaps in compliance management. Many of our clients have discovered or already inherently understand the management value of compliance. However, the cannabis industry at large rarely considers the implications of poor compliance methodologies until it’s too late.  Most operators rely on a …

Author: Mark Slaugh

The Value of Proactive Cannabis Compliance Compliance is never a one-time event that is magically achieved. Experienced operators understand maintaining compliant business practices requires an ongoing process of continuous improvement. Not only do rules change, but so do regulators, enforcement priorities, competition, and market dynamics. This causes companies to make organizational-wide changes to SOPs, Employee Training, and Management priorities on …

Author: Lindsay Deen

Multi-State Applications In the marketplaces of the future, applications are the most affordable ROI for new cannabis companies to enter new markets. As well, entering new states creates opportunity for existing operators to expand their licensed footprint. Most new markets focus on merit-based scoring. This type of scoring requires substantial time, effort, energy, and expertise to effectively compete and win …

Author: Lindsay Deen

5 Reasons Cannabis Businesses Should Pay Attention to Local Issues For many, the machine we call “American politics” seems like nothing so much as an overrated reality television show starring criminals and people fully indoctrinated into a failing two-party system. However, one amazing aspect of our political system does respond directly to citizens. However, there are several reasons cannabis businesses …