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The cannabis industry offers a wealth of opportunitiesfor those who understand the challenges. The land-scape is varied and constantly changing, with somestates having established legal frameworks and other statesstill evolving. The cultivation, processing, testing, anddispensary sides of the industry each come with state andlocal regulations that vary by location and municipality.Proper licensing and compliance of testing laborato-ries require significant monetary investments and care-ful planning in brokering the best chances at success. A sound management plan for any cannabis business shouldinvolve research to understand the regulations, properfinances to navigate the costs, and steadfast compliance tomitigate the challenges of maintaining a legal operation.
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