Jason Thomas

Is your cannabis business prepared for unannounced on-site inspections and secret shopper visits by the Massachusetts Cannabis Control Commission? Contact Casey Leaver or Sarah Grande to schedule an audit if you're unsure. Learn more about Vicente's compliance services: https://conta.cc/3Uejtzu #massachusetts #MAcannabis #cannabiscompliance #cannabusiness #cannabislaw

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As promised, intro convo into the Cycle approach to cannabis internal controls & financials consistent & compliant with GAAP. COSO & ACCCE CRMF approaches to cannabis enterprise risk management (ERM) are complementary and when incorporated into a Cycle structure for internal control compliance assurance, they enable peace of mind & confidence to the integrity and reliability of our financial & operating reporting. To potentially open access to more traditional financial & capital sources, consider this an absolute priority imperative. You ain't gonna bag that funding check without a rock solid foundation of cannabis internal controls. https://lnkd.in/g5RTcd4a #cannabisinternalcontrol #cannabisfinancialreporting #cannabisaccounting #cannabiscfoservices #cannabisfinance #cannabisbanking #cannabisregulatorycompliance #cannabiserm #cannabiscapitalmarkets

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Feeling overwhelmed by Governance, Risk, and Compliance (GRC)? 😰 You’re not alone! It's time to take control of your GRC strategy and level up your compliance game. Our eBook, "A Beginner's Guide to Governance, Risk, and Compliance", will help you learn how to tackle your biggest GRC challenges head-on. 🙌 Don’t let GRC challenges slow you down! Download the eBook and to learn more about GRC and how we can help you overcome those hurdles and take your operations to the next level. https://hubs.li/Q02Xy7W30 #RiskManagement #ComplianceMadeEasy #ServiceNow #GRC #FreeEbook #VSoftConsulting #Governance #BusinessSuccess #ComplianceInnovation #DownloadNow

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"More vendors" doesn’t equate to "more protection." In fact, it leaves you more vulnerable to risk because it’s easy to overlook duplicate efforts, security gaps and growth opportunities. Bundling your GRC services into one platform is the most effective method for trimming the fat. It connects all your business groups to leave you with a better understanding of how your organization is functioning as a whole. Ready to reap the benefits of consolidation? Check out our recent guide to learn how to get the process started. #GRC #VendorConsolidation #RiskManagement

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Utility company's proposal to rat out hidden marijuana operations to police raises privacy concerns. BANGOR, Maine (AP) — Operators of illegal marijuana grow enterprises hidden inside rural homes in Maine don’t have to worry much about prying neighbors. But their staggering electric bills may give rise to a new snitch. An electric utility made an unusual proposal to help law enforcement target these illicit operations, which are being investigated for ties to transnational crime. Critics, however, worry the move would violate customers’ privacy. More than a dozen states that legalized marijuana have seen a spike in illegal marijuana grow operations that utilize massive amounts of electricity. And Maine’s Versant Power has been receiving subpoenas — sometimes for 50 locations at a time — from law enforcement, said Arrian Myrick-Stockdell, corporate counsel. It’d be far more efficient, he suggested to utility regulators, to flip the script and allow electric utilities to report their suspicions to law enforcement. “Versant has a very high success rate in being able to identify these locations, but we have no ability to communicate with law enforcement proactively,” Myrick-Stockdell told commissioners. The proposal, to be deliberated next week by the Maine Public Utilities Commission, is being criticized by consumer privacy advocates and others who think the utility is veering outside its lane. The nonprofit Electronic Privacy Information Center believes such a regulatory rule would be unconstitutional because the electric utility would be allowed to provide private information about consumers with “no probable cause, no warrant, no judicial review,” Alan Butler, the group’s executive director, told The Associated Press. #cannabiscultivation #electricity #utilty Published Aug 06, 2024 https://lnkd.in/g_PsfEup

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❓ 🤔 When it comes to risk reporting, are you able to tell your data story? Learn how to communicate value and demonstrate effectiveness to stakeholders in our 4️⃣ step infographic below. 👀 If you like what you read, download the full guide to risk reporting maturity, complete with free worksheets to help you and your team tell your data story 👉 https://bit.ly/3WaPGHJ #riskmanagement #reporting #privacy #compliance

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As promised.... Cannabis treasury cycle internal control "hack"/tool is attached. Although not 100% inclusive of all possible controls, for a discussion of the critical elements of the treasury cycle please see: https://lnkd.in/gMXc9xf5 Treasury cycle is primarily comprised of equity capital & debt financing activities, and those involved with "investing" of "idle" funds. We're trying to properly account for transactions involved with borrowing money, investor funding proceeds, debt service, ownership distributions, and the reported values of invested corporate funds. Before soliciting cannabis investors & commercial lending sources, best to ensure a strong internal control environment is fully functioning. Should you be soliciting "traditional" funding sources, they will be performing their own underwriting due diligence to assess your controls. This is also why it's advantageous to engage a competent cannabis CFO services provider to help build, manage & monitor your treasury cycle internal controls. #cannabisinternalcontrols #cannabisriskmanagement #cannabisaccounting #cannabisfinancialreporting #cannabiscfo #cannabisbanking #cannabisfinance #cannabisinvestors #cannabiscapitalmanagement

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Maryland’s second cannabis licensing application round is expected to open in spring 2024, and now is the time to prepare! Here’s what you need to know: 1. Since legalization, Maryland's cannabis industry has surged, generating over $331.8 million in just six months. With a new wave of licenses on the horizon, this sector is primed for even more exponential growth. 2. Applicants can apply for both standard and microbusiness licenses. 3. Applications will be accepted for cultivation, processing, retail dispensaries, and more! Find everything you need in the link below. Preparation is Key! Understanding MCA’s regulatory landscape and having a solid business plan is crucial. The upcoming application window presents a great chance to establish your business in Maryland’s cannabis market. Find out more in our new video linked below! https://hubs.la/Q02t4jnp0 For Maryland cannabis licensing application support, reach out! #Marylandcannabis #CannabisBusiness #CannabisNews #CannabisIndustry #MarylandSmallBusiness #Dispensary #CannabisLicense #MDcannabis

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Today at 4pm EST I'm streaming my 20th episode of #NationalCannabisNews with Cassin. I'll be covering the last week of news. I'm interested to know what else you'd like to hear more about and will answer questions live, as well.    #CannaBusts ⛓ 🚨a tiny dip into the busts around the globe #CannaUS Trump is elected president and a sea of red overtakes Congress. Thoughts on rescheduling, SAFE, and the future of cannabis in the US. #CannaScience - New study out of London shows that there is a possible link to epigenetic DNA mutation and cannabis usage. #CannaMichigan STILL no Draft Rules to provide public comment on. And with the disciplinary action report not coming out to next week, really what's going on Michigan?   The stream is up on Twitch https://Twitch.tv/cassin81 and Youtube: https://lnkd.in/gkDu3dDM. I hope that you'll swing by and watch me live. But if you cannot, swing by after and watch the recap - leave comments. Follow or subscribe. Following, liking, and subscribing expands the tools I have available to me to share this important content! I started a Patreon - so please come fill out the survey on what you want to see: https://lnkd.in/gNHtFgZB Just looking for a few more survey responses and then I'll let you know all know what the results look like. It doesn't cost you anything to complete the survey and signup.   What will next week hold? You tell me! Last week's comments and feedback are driving the questions I'm trying to answer. So share what you are wondering about.   I'm looking forward to all these conversations and any others that you want us to be having. So just #askmeanything and I'll get you the answer as quickly as possible.

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Today at 4pm EST I'm streaming my 25th episode of #NationalCannabisNews with Cassin. I'll be covering the last week of news. I'm interested to know what else you'd like to hear more about and will answer questions live, as well.    #CannaBusts ⛓ 🚨a tiny dip into the busts around the globe #CannaUS DEA first public hearing happened on Monday! DEA also being sued over the process and maybe keeping secrets. #CannaScience - New study shows no COGNITIVE DECLINE in cannabis users. AND it shows that cannabis users on average had less cognitive decline than non-cannabis users. Wow! #CannaMichigan Lets read through these Proposed Rules together. 10 pages a week every week. Get those questions and comments ready. MiCIA Gala next week. Public Meeting with the CRA next week in Lansing.   The stream is up on Twitch https://Twitch.tv/cassin81 and Youtube: https://lnkd.in/gkDu3dDM. I hope that you'll swing by and watch me live. But if you cannot, swing by after and watch the recap - leave comments. Follow or subscribe. Following, liking, and subscribing expands the tools I have available to me to share this important content! I started a Patreon - so please come fill out the survey on what you want to see: https://lnkd.in/gNHtFgZB Just looking for a few more survey responses and then I'll let you know all know what the results look like. It doesn't cost you anything to complete the survey and signup.   What will next week hold? You tell me! Last week's comments and feedback are driving the questions I'm trying to answer. So share what you are wondering about.   I'm looking forward to all these conversations and any others that you want us to be having. So just #askmeanything and I'll get you the answer as quickly as possible.

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As government and industry regulators continue to enact ever-evolving compliance requirements, do you have the Governance, Risk and Compliance (#GRC) expertise to select and implement the best framework for your company? Camelot's GRC experts and our customized review processes provide detailed assessments and remediation guidance that can close security gaps, identify the right technology solutions, and document your processes for easy compliance. https://lnkd.in/eGasiddw #Compliance #CyberSecurity

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Struggling with GRC? Discover essential tips, frameworks, and toola in our new blog post. Learn how to effectively manage risk and ensure compliance. Why Every Business Needs a GRC Strategy?

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Another step in innovation to drive training, learning and clear outcomes for Seed Talent customers. This is a great innovation to improve efficiencies for customers while also keeping training simple, targeted and focused for their employees. This will help customers scale the development of training and measure the impact while empowering their employees to improve and drive results. One more step to make sure there are no hurdles to help make your employees smarter! Let's go!

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Today at 4pm EST I'm streaming my 23rd episode of #NationalCannabisNews with Cassin. I'll be covering the last week of news. I'm interested to know what else you'd like to hear more about and will answer questions live, as well.    #CannaBusts ⛓ 🚨a tiny dip into the busts around the globe #CannaUS Wow - that list of entities testifying on rescheduling sure did change in just a week! Gaetz is out - Pam Bondi is in - seems like she doesn't like cannabis at all. #CannaScience - FDA approves first clinical trial for veterans with PTSD and cannabis! Wow wow wow!  #CannaMichigan STILL no Draft Rules to provide public comment on. Yes, still. We have another disciplinary report to review.   The stream is up on Twitch https://Twitch.tv/cassin81 and Youtube: https://lnkd.in/gkDu3dDM. I hope that you'll swing by and watch me live. But if you cannot, swing by after and watch the recap - leave comments. Follow or subscribe. Following, liking, and subscribing expands the tools I have available to me to share this important content! I started a Patreon - so please come fill out the survey on what you want to see: https://lnkd.in/gNHtFgZB Just looking for a few more survey responses and then I'll let you know all know what the results look like. It doesn't cost you anything to complete the survey and signup.   What will next week hold? You tell me! Last week's comments and feedback are driving the questions I'm trying to answer. So share what you are wondering about.   I'm looking forward to all these conversations and any others that you want us to be having. So just #askmeanything and I'll get you the answer as quickly as possible.

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Audit findings can be a GOOD thing - on this week's Socializing Security episode we talk about how to build an effective compliance program. Find us on your favorite streaming platform or watch us on Youtube.

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Today at 4pm EST I'm streaming my 18th episode of #NationalCannabisNews with Cassin. I'll be covering the last week of news. I'm interested to know what else you'd like to hear more about and will answer questions live, as well.    #CannaBusts ⛓ 🚨a tiny dip into the busts around the globe #CannaUS Election Election Election. Harris comes out swinging for Federal Legalization and full decriminalization. SCOTUS takes a look at Horn case - THC impurities in CBD cause worker to lose his job. #CannaScience - A deeper dive into vaping safety - Thank you Mr. Ream for asking such great questions. And Stacey - let us talk a bit about workers as well. #CannaMichigan Still no Draft Rules to provide public comment on. Revenue ticks down in September - trending with previous Septembers. Michigan courts resolve that yes, you can still be prosecuted for cannabis crimes here - because MRTMA and MMMA do no protect you if you are willfully violating the laws. SHOCKING!   The stream is up on Twitch.tv/cassin81 and YouTube @CassinColeman. I hope that you'll swing by and watch me live. But if you cannot, swing by after and watch the recap - leave comments. Follow or subscribe. Following, liking, and subscribing expands the tools I have available to me to share this important content! I started a Patreon - so please come fill out the survey on what you want to see: https://lnkd.in/gNHtFgZB   What will next week hold? You tell me! Last week's comments and feedback are driving the questions I'm trying to answer. So share what you are wondering about.   I'm looking forward to all these conversations and any others that you want us to be having. So just #askmeanything and I'll get you the answer as quickly as possible.

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CBDs Updates During a hearing on April 11th, 2024 before the House Oversight and Accountability Committee, Dr. Califf (FDA Commissioner) stated: "the use of CBD raises safety concerns, especially with long-term use. Studies have shown evidence of liver toxicity, interactions with certain medications, and possible harm to the male reproductive system. CBD exposure is particularly concerning for children and during pregnancy." To my point, the definition of food in the law is: " (1) articles used for food or drink for man or other animals, (2) chewing gum, and (3) articles used for components of any such article. Dietary supplements are food, based on its legal definition. The definition of drug, according to the same legal source, is: "(A) articles recognized in the official United States Pharmacopoeia, official Homoeopathic Pharmacopoeia of the United States, or official National Formulary, or any supplement to any of them; and (B) articles intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease in man or other animals; and (C) articles (other than food) intended to affect the structure or any function of the body of man or other animals; and (D) articles intended for use as a component of any article specified in clause (A), (B), or (C)." Except for option (C) in the drug definition, where some foods may "affect the structure or any function of the body", any article that is a drug cannot be food. The use of CBDs that contain less than 0.3% of Delta-9 may contain significant concentrations of Delta-8 or Delta-10 or something else not yet discovered as a result of the processing of the hemp. Why companies find extremely difficult, challenging or complex the selling of coffee, breads and some snacks, just to mention a few products, that may contain acrylamide (which is a know carcinogenic substance) as a result of their heating processes of such products? Simply because it's our responsibility to process foods in a safe way. Even though hemp is food (2018 Farm Bill), the processing of hemp with less than 0.3% Delta-9 may cause the creation/formation of other toxic substances that cause the illnesses described by Dr. Califf in the hearing mentioned above. As in the acrylamide case, any CBD that contains toxic substances is, by default, adulterated. As a reminder, "adulteration" is a prohibited act in the law. Our jobs is to ensure that the manufacture, process, storage, transport of food (For man and other animals), growing of plants and raising animals is performed in a SAFE and CLEAN manner. Any thoughts? #sfsc #fda #CBD #adulteration https://lnkd.in/gFq5xGeZ

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