The cannabis industry is still in its infancy, having been legalized less than 20 years ago. This can only mean that the market is growing and evolving at a remarkable rate. While this growth was somehow uncontrolled in the past, the government has stepped in, and today, the cannabis industry is among the most regulated industries.
With regulation, big players have also come into the industry because it is clear that the cannabis field is a highly lucrative industry. All indications are that the market will continue to grow at a rapid rate, and investors in this industry will continue to reap big in the future years.
The phrase seed to sale was developed following new government regulations by different states which required producers to track their inventory. The seed to sale system enables producers to know precisely where the product came from and where it’s going. This helps meet regulatory requirements while also making it easy for them to satisfy customer requirements.
Thanks to these systems, consumers get detailed information about the strain and overall quality of the end product. In addition, scales are integrated into the seed to sale system to help determine the dosage required for treating and managing different medical conditions.
Even better, the systems incorporate bar-codes that make it easy to trace every product right from the seed to the point of sale. This means that everyone from the consumer to the business owner can quickly determine the quality of every cannabis product they come into contact with.
If you are in the cannabis business or looking to get into the industry, you need a cannabis compliance lawyer. Even if you have done enough background checks, and read all there is to know about the industry; there is a chance you might miss a detail that can break your business.
Given that cannabis laws differ from one state to another, a cannabis compliance lawyer will help you understand the rules and regulations in the state where your business is based. Since the laws keep on evolving, a lawyer will also keep you updated on the happenings in this industry. This way, you will have an easy time staying on the right side of the law.
We are a law firm based in Peoria, Illinois. My name is Attorney Thomas Howard, and I work with a team of attorneys who understand the regulations in the cannabis industry. We have been in business for a few years and have helped business owners in the cannabis industry establish and run their businesses.
We are willing to guide you on the processes of starting and operating a cannabis business and make you understand what seed to sale of cannabis is all about. We will also guide you on how you can incorporate the seed to sale systems for the benefit of your business.
Have any question on the cannabis business and regulatory requirements? Get in touch with us for detailed information on this and so much more.
Our cannabis business attorneys are also business owners. They can help you structure your business or help protect it from overly burdensome regulations.