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Risk Mitigation

Published on Nov 25, 2015

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PRESENTATION OUTLINE

Risk Mitigation

FOR LEGAL CANNIBIS INITIATIVES

Risk Areas

  • Regulatory Risk
  • Procedural Risk
  • Financial Risk
  • Security Risk

Regulatory Risk

  • Licencing Requirements
  • Qualification Requirements
  • Health and Safety Requirements
  • Facility Requrements
  • Product Safety Requirements (child resistant, consumer labeling, etc.)

Procedural Risk

  • Sampling and Testing Procedures (Potency, Process, Contamination)
  • Packaging and Inventory Procedures
  • Waste Disposal Procedures
  • Transportation Procedures
  • Cultivation Procedures
  • Sales and Purchase Procedures

Financial Risk

  • Credit Card Risk
  • Fraud
  • Theft
  • Money Laundering
  • Embezzlement
  • Erroneous Taxation
  • Banking Manipulation

Security Risk

  • Hijacking
  • Robbery
  • Burglary
  • No Access Areas
  • Internal Theft

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