Scott Samuel, founder and CEO of C15 Solutions Inc, spoke at a panel called “The Best Offense is a Good Defense: Mitigating Risk” at Benzinga’s Cannabis Capital Conference. Samuel shared that when you are looking at risk within the regulated cannabis industry you are really looking at five buckets of risks.
There are insurable risks, non-insurable risks, transferable risks, think contracts, non-transferable risks, and the biggest one is regulatory compliance risk. He shares that it is crucial for companies to have a disciplined process to help with risk management.
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