E01: If you’re in Cannabis, You’re in Compliance with Jenny Germano

On this episode of Cannabis Business Minds, we talk about how to make your cannabis business more compliant. There’s a common saying in the regulated industry “If you’re in Cannabis, You’re in Compliance.” It is estimated that cannabis businesses spend approximately 30-40% of their budget on compliance (lawyers, accountants, consultants, etc.). Colorado collected more than $700,000 from cannabis operators in compliance fines in 2015. Our guest on today’s show will break down what cannabis compliance is, and how you can take steps in your business to become more compliant.