Under the Microscope with Jenny

Ep. 41: Raising the Bar and Preparing for the Cannabis Industry’s Next Phase


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In this episode of Under the Microscope, host Jenny Germano sits down with Alex Hearding, Founder and President of Red Wolf Risk, to break down what’s next for the cannabis industry. From upcoming federal rescheduling and the possibility of full descheduling in the future and what these shifts mean for day-to-day operations. The conversation focuses on how operators can prepare for a more regulated future. Alex explains why aligning with federal standards now is critical and dives into the role Quality Management Systems (QMS) and Good Manufacturing Practices (GMP) will play as the industry matures. Together, they explore how proactive compliance can help operators stay competitive, strengthen operations, empower them to quickly adapt by lowering risk exposures and increase business value ahead of future mergers and acquisitions. Tune in to gain insights into what lies ahead for cannabis operators and positioning your business for the industry’s next phase.

 

🌿𝗢𝘂𝗿 𝗛𝗼𝘀𝘁: Jenny Germano, Founder of ICS Consulting

🌎 𝗜𝗖𝗦 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴: https://www.icsconsultingservice.com


🌿𝗢𝘂𝗿 𝗚𝘂𝗲𝘀𝘁: Alex Hearding, Founder and President of Red Wolf Risk
🌎 𝗪𝗲𝗯𝘀𝗶𝘁𝗲: https://redwolfrisk.com

 

⏰𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀⏰

01:07 Introducing the Guest: Alex Hearding

02:35 Discussion on Rescheduling and Federal Standards
04:33 Impact of Rescheduling on the Cannabis Industry
08:25 Compliance and Regulatory Shifts
25:09 Proactive Compliance and Future Challenges
33:02 The Benefits of Regulating Whole Plant Medicine
33:25 Federal vs. State Regulation
34:21 Interstate and International Commerce
35:02 Understanding GMP and Quality Management Systems
38:59 Document Management and Traceability
44:41 Impact on Operators, Patients, and Consumers
50:23 Preparing for GMP Compliance
55:34 Exit Strategies and Industry Consolidation
01:01:52 Future Outlook & Wrap Up

 

𝗟𝗲𝗴𝗮𝗹 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: The content shared on this channel - including all videos, podcasts, interviews, and discussions is provided for educational and informational purposes only. It is not intended as legal, compliance, or business consulting advice, and should not be relied upon as such. Laws and regulations surrounding cannabis and related industries vary by jurisdiction and are subject to change. Always consult with a qualified attorney or licensed professional before making decisions that could have legal or regulatory consequences for your business. Listening to or viewing this content does not create a client relationship between you and ICS Consulting, Under the Microscope with Jenny, Jenny Germano, or any of the podcast’s guests. Any opinions expressed are those of the individual speakers and do not necessarily reflect the views of ICS Consulting or its affiliates.

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Under the Microscope with JennyBy Jenny Germano