#cannabisinvestor

Cannabis Governance: Corporate Responsibility

Cannabis organizations are operating in an increasingly complex external environment where scrutiny is global and information transfer is instant.  Leaders of these organizations can protect their people, assets, and reputation by being good corporate citizens.  This can be achieved through strong boards, good governance practices, and transparent leadership with unquestionable accountability.

AG Governance Consultants help small to medium size organizations develop strong and effective governance fundamentals so they can successfully deliver on diversity, transparency, and accountability.  We provide advice and assistance in the development of rules, practices, and processes by which a company is directed and controlled.  Our solutions are customized to fit your needs and your budget.

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

Cannabis Governance: Winning at Cannabis

Winning in the cannabis business involves more than just turning a profit and meeting the minimum regulatory requirements.  Good corporate governance is essential for winning in the cannabis space.

Irresponsible use of legal cannabis by a few is inevitable and may result in harm to society.  The manner in which cannabis companies respond to such incidents, and their level of participation in resolving those issues will determine the future of the industry in Canada.  Transparency, unquestionable accountability, and corporate social responsibility are vital in removing the stigma associated with cannabis and securing the longevity of the industry.

Shelley Albert, Director, AG Governance Consultants