What outcome does the training component of the Cannabis Risk Management Framework aim to achieve?

The training component of the Cannabis Risk Management Framework is fundamentally designed to enhance compliance with regulations. This is crucial in the cannabis industry, which is subject to numerous federal, state, and local laws that regulate everything from cultivation methods to product labeling and distribution.

By focusing on compliance, the training helps ensure that employees and stakeholders understand the legal requirements and best practices necessary to operate legally and ethically within the cannabis space. This can reduce the risk of regulatory violations, which can result in costly penalties or even closure of businesses.

While increasing sales, developing international markets, and regulating product pricing are important aspects of the cannabis industry, they do not directly stem from training focused on risk management and compliance. Compliance training ultimately serves as a foundation that enables businesses to thrive within the legal framework, ensuring their operations are sustainable and legitimate.