CANNAINVESTOR Magazine U.S. Privately Held April / May 2019 | Page 34

Adherence Compliance, Inc.

Steve Owens

CEO

Adherence Compliance, Inc.

CannaInvestor Magazine Exclusive

CIM:

Derwin Wallace,

Editor-In-Chief

Adherence is a commitment to follow rules and regulations, which is imperative in the cannabis industry to survive. Risk reduces value. Being compliant in cannabis is necessary to maximize value. Adherence to compliance, at all levels, is the key to maintaining successful cannabis licenses.

Why did you name the company Adherence Compliance?

Regulatory and financial risk decreases the value of cannabis licenses. The lower a compliance score from an inspection, the lower the value of the underlying assets.

What is managing risk? What is the importance of managing risk?

34