A successful and saleable cannabis company should have robust policies and procedures in place to ensure it is manufacturing products safely and consistently. It should be able to prove to a potential acquirer that it has these effective policies and procedures in place. cGMP refers to the current Good Manufacturing Practices enforced by the Food and Drug Administration (FDA). A company that obtains GMP certification has established a systematic quality approach to manufacturing in order to ensure products are made consistently and reliably, and according to product specifications for identity, strength, quality and purity. Because they are held to consistent standards and must prove compliance with these standards, companies which obtain GMP certifications can often present stronger acquisition targets.
Join GLLG shareholder Andrew DeWeese and Allay Consulting principal Kim Stuck for this webinar as they discuss this important certification, and why up-and-coming hemp and cannabis companies may want to investigate getting GMP certified.
This webinar occurred live online on June 16, 2021.
ABOUT THE SPEAKERS
Kim Stuck, Allay Consulting
Kim Stuck is the founder and CEO of Allay Consulting, a compliance strategy and services provider serving the hemp and cannabis industries nationwide. She brings a regulator’s keen eye and wide-reaching knowledge on evolving compliance and safety mandates to support businesses in tightly regulated industries. Previously, Ms. Stuck held a pioneering role as the nation’s first cannabis and hemp specialist for a major metropolitan public health authority. During her tenure with the City of Denver, home to hundreds of cannabis businesses, she worked as an investigator covering cultivation, manufacturing and retail. Her duties included facility inspections; conducting investigations into improper pesticide use and worker safety; creating regulations; instituting recalls; and public outreach. Ms. Stuck holds numerous accreditations, such as certified quality auditor (CQA) and certified professional of food safety (CP-FS), among others. In addition to serving on several industry advisory boards, she has been a member of ASTM International’s cannabis standards committee since its 2017 inception.
Andrew DeWeese, Green Light Law Group
Andrew founded the Oregon Cannabis Law Group in 2014 and merged with Green Light Law Group in 2019. He has long been on the forefront of the novel legal issues concerning the emerging cannabis industry. Andrew represents and advises cannabis business clients on state law compliance and licensing issues, as well as in civil litigation and private arbitration. In 2019, Andrew led the Green Light Law Group legal team that prevailed against the Oregon Liquor Control Commission in the Oregon Court of Appeals, striking down Oregon’s short-lived ban on flavored cannabis vape products. Read Andrew's full bio here.