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As cannabis legalization expands across the US, more markets open up and create new jobs. However, there are a few things that many who are new to the industry may not know when they begin their career. Here are 5 more things no one tells you about the cannabis industry.
The Laws and Regulations Change Constantly
Like any heavily regulated industry, laws and regulations are continuously changing. It is important to have knowledgeable individuals on staff to help keep the company compliant. Many cannabis brands will have an individual on staff, like a lawyer, who will help interpret and navigate changing regulations. Compliance professionals are also key employees who will help keep the cannabis brand up-to-date and help enforce changing regulations.
Compliance is Not Your Enemy
Many people view compliance professionals as an extension of the state regulatory body over the cannabis industry. This could not be further from the truth. Compliance professionals are just as passionate about the cannabis plant as growers, extractors, or any other cannabis professional. Their job is to help keep the legal weed legal and makes sure the business stays open.
Data Tracking is Important
How much is each harvest yielding? Which strains are yielding the most and which are a drain on resources? What is your bud to popcorn ratio? These kinds of questions can be easily answered if data is tracked properly. Knowing which areas to improve on and what is working for your brand can help keep a company afloat.
Security is Cruital
With states like Oklahoma passing SB 1737, some state regulations place a target on cannabis businesses. It is common knowledge that cannabis is predominately a cash business. Every cannabis brand should invest in security and have measures put in place to protect their employees and their business. Failure to do so could not only lead to loss of product or money but also places employees in danger.
Diversified Skillsets will Help You Succeed
A jack of all trades is a master of none, but oftentimes better than a master of one. Having a diversified skill set will help you succeed in the cannabis industry. Not only will it help an individual be a more valuable employee but will aid in the understanding of the industry as a whole.