#cannabis

Cannabis Governance = Emotional Intelligence for Cannabis Companies

Cannabis governance is emotional intelligence for the cannabis industry.  It facilitates a high level of awareness and responsiveness to a company’s internal and external audiences.

Cannabis governance employs the principles necessary for cannabis companies to be transparent and accountable. This leads to improved regulatory compliance and greater social responsibility engagement.  Given the strong correlation between corporate social responsibility and profitability, a company is much better positioned to financially outperform its competitors once cannabis governance is adopted. 

Shelley Albert, Director, AG Governance Consultants

Why Care About Cannabis Governance

You should care about cannabis governance because if your cannabis organization gets corporate governance right, you enhance your reputation and brand thereby leading to greater business opportunities.  Companies that get it wrong face the risk of regulatory fines, suspensions, damaged reputations, and shareholders’ activism.

In today’s ultra-competitive marketplace, progressive companies are allocating more resources to their governance structure because good governance facilitates transparency, accountability, and ethical decision making. This builds trust and enhances investors’ confidence in the organization’s leadership.

Shelley Albert, Director, AG Governance Consultants