How Cannabis Industry Growth Is Hampered by High Cost of Compliance

With the American cannabis industry still in its infancy, current and potential business owners are experiencing problems keeping up with compliance, adding to the difficulty of opening — and keeping open — a business. Nicole Cosby, chief compliance officer at Fyllo, a cannabis compliance software company, joined Cheddar to discuss the challenges of a patchwork of laws and antiquated tech. She noted that some of the biggest hurdles for businesses include access to capital and the cost of operational licenses.
We use cookies and similar technologies on this site to collect identifiers, such as IP address, and cookie and device IDs as described in our Privacy Policy.