Having policies and procedures over legal, regulatory, corporate, and other requirements is critical in a space with as much external interest as cannabis. The pressure is on regulators to deliver safety and control to the market. Further, market participants need to safeguard the opportunity for material decline in shareholder value. Boards and management should be asking questions and seeking answers to help them keep their companies competitive while maintaining compliance. It's imperative to build a team of people and technology to bring your company's vision and strategy to life. Optimally, when the executive management team and board are a collaborative group, it creates more opportunity for action.
- Business Strategies