Regulations are intricate and the stakes are high, a comprehensive standard operating Procedures (SOPs) become the linchpin of efficient and compliant operations. A rafted SOP not only ensures adherence to stringent guidelines but also streamlines processes to bolster productivity.
Regulatory compliance costs for cannabis cultivators can amount to 10% of their annual revenues, if not more.
According to a report by the Cannabis Business Times, consistency ranks as one of the top factors influencing consumer loyalty in the cannabis industry.
A report from the Association for Talent Development (ATD) suggests that companies with a robust training protocol have a 34% higher profit margin compared to those that don’t.
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