What unique risks exist across the cannabis supply chain, and how can businesses mitigate them?
Transforming cannabis into finished products involves harvesting, trimming, transportation, packaging, testing, and distribution. Risks include:
• Cybersecurity threats — Data breaches are common across industries. Implement secure data systems, train staff, and conduct regular cybersecurity audits.
• Regulatory inconsistencies and transportation concerns — Laws vary by state, and cannabis can’t legally cross state lines. Keep up with local regulations and use licensed, insured transport services.
• Product quality liabilities — Any business touching the product could be named in a lawsuit if something goes wrong. Create robust quality control procedures, retain batch records, and purchase product liability insurance.
• High-value theft risk — The plant’s high street value makes it attractive to criminals. Deploy physical security measures such as access control, vaults, and video surveillance.
Being proactive about these risks can protect your business and improve operational resilience.
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