In-House Compliance vs. CannXperts: Investing in Your Cannabis Business's Future
The cannabis industry is booming, but with rapid growth in a highly regulated industry comes significant complexity. Compliance is paramount, and navigating the ever-changing regulations can feel overwhelming.
So, here's the critical question: who will safeguard your business and ensure compliance?
Opting for full-time (FTE) internal employees might be the first thought that comes to mind, but continue reading to discover why bringing on a dedicated and experienced compliance partner like CannXperts is the safest bet.
The FTE Conundrum
The average salary for a compliance officer in Ohio ranges from $75,300 to $113,600 annually (source: Salary.com). But that's not all. You must also factor in benefits, training, and potential turnover. Here's the bigger question: can a single employee, especially one with limited experience, keep pace with the ever-changing regulations unique to the cannabis industry?
Limited Exposure, Limited Knowledge
An FTE's experience is often limited to the specific needs of the employer’s business, which may only include a limited number of facilities (often just one or two licensed sites). This limits a compliance FTE’s exposure to different scenarios and industry best practices. Staying on top of evolving regulations while managing day-to-day tasks can be a difficult struggle, potentially leaving your business vulnerable to non-compliance.
The CannXperts Advantage
At CannXperts, we offer a smarter solution. Our program costs less than $30,000 per year, a significant savings compared to hiring internal compliance staff. But it's not just about price; here's what sets us apart:
You get a Team, Not Just One Person: You get three highly trained compliance experts – a Licensing Manager, Compliance Officer, and Inspector – providing a multi-faceted and multi-layered approach.
Deep Expertise: Our team stays on top of new rules and regulations and is required to complete ongoing education. Their broad experience with diverse, licensed clients ensures a comprehensive and well-tuned knowledge base.
Practical Solutions: Their knowledge isn't theoretical; it's battle-tested through real-world scenarios with hundreds of clients.
CannXperts: Your Compliance Peace of Mind
We understand the complexities of cannabis compliance. Our program is specifically designed for businesses with 1-20 licenses. For larger operations, we offer a la carte third-party services to complement your existing team.
Don't settle for a single line of defense. Invest in a team of experts who are passionate about keeping your business compliant and thriving. Contact CannXperts today and see how we can give you the peace of mind you deserve.
