While there are some legal regulations on cannabis products, there are far fewer than for legal marijuana, which gives companies some freedom in terms of how they operate and what they do. In most cases, this is a good thing, but there are downsides. Self-regulation is a crucial concept for the future of cannabis businesses.
Self-regulation is crucial for cannabis businesses as the industry faces scrutiny and increased consumer confidence. While CBD is universally accepted, it is especially important for companies selling products like delta-8 THC, which is subject to more scrutiny because of its psychoactive nature. Self-regulation is not a panacea, but if companies choose to act responsibly, they are much less likely to attract the attention of lawmakers. KUSH PACKAGING shows you.
However, "self-regulation" can't just be a general term for generally responsible business practices: clear recommendations are essential to achieving this goal.
However, many companies only provide COAs for the base fraction, not for each specific type of product it produces. For example, if you sell vape cartridges, you should have a report for each variation in flavor, pressure, and potency.
Not all labs are created equal. If you get a report from a questionable or unknown lab, savvy consumers will still be wary of your product, and in some cases, the results may not be reliable. It's best to choose a reputable lab.
The CDC recently issued a warning about the accidental consumption of delta-8 products by children. Using child-resistant packaging is a simple way to prevent this from happening. There is also the use of packaging that avoids attracting children, which is closely related to the above, and it is not a good idea to make your product look like a bag of snacks or anything similar.
Only about 55% of cannabis companies use warning labels, but this is another key part of self-regulation. Suggested wording includes
Use caution when driving a motor vehicle or operating heavy machinery.
Use this product under medical supervision if you have a medical condition, are pregnant or breastfeeding.
Keep out of the reach of children.
This product is made from cannabis materials that meet federal requirements for cannabis products; however, certain drug tests may mark consumption.
Getting certified by organizations like the U.S. Marijuana Administration is a great way to show your customers that you are one of the responsible companies.
Self-regulation really just means taking some basic steps to show customers and politicians that you are running a legitimate business that does what it claims to do and is socially responsible. It may add cost in the short term, but over time, especially as consumer knowledge increases, it will pay off many times over.
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