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NACB ADDRESSES TRUST GAP IN U.S. CANNABIS WITH BLUE RIBBON AFFILIATE PROGRAM

  March 28, 2018
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The NACB has announced the Blue Ribbon Affiliate program, filling a critical need to help its members, investors, financial institutions and the others in the cannabis eco-system identify ancillary products and services companies they can better trust to conduct business. 

The NACB Blue Ribbon Affiliation program helps bridge an ever-widening trust gap. It offers
equipment manufacturers and suppliers, consultants, law firms and other ancillary businesses the ability to communicate to cannabis license holders, investors, financial institutions and all other business partners that they have been rigorously vetted by the NACB as operating at the highest standards of ethics and responsibility.

In addition to receiving a distinguishing credential that recognizes their business as a trustworthy partner, NACB Blue Ribbon Affiliates will gain access to the cannabis community through NACB events and promotions, as well as to ongoing expert insights to help grow their business. 

Companies interested in being recognized as an NACB Blue Ribbon Affiliate can apply here. The intensive, 28-point evaluation process encompasses both offline analyst and online due diligence elements. They include an online search of adverse and noteworthy risk-relevant information, a review of principals’ background for evidence of improper business practices, a search of the appearance of company owners on government watch lists, reference checks, and additional features. The process is expected to take approximately two weeks, after which the NACB will notify applicants of the result.

 

NACB WELCOMES NEW MEMBERS

The NACB is thrilled to welcome our newest members: ebbu (Colorado); Lovena Green Farms (Oregon); Port City Alternative (California); Matrix NV (Nevada); PharmaCannis (Multiple States); and Tropizen (Puerto Rico). These cannabis businesses represent the best-of-the-best and those willing to go above and beyond what their states require in order to differentiate themselves as the most legitimate, professional and trustworthy businesses in the industry.

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PRESENTATIONS AVAILABLE FOR DOWNLOAD

The NACB recently hosted the first-ever NACB Legal Synposium, a day-long, exclusive gathering of many of the top legal minds working in cannabis today. The event featured presentations from the former Chief of Staff of the Department of Justice and top industry attorneys from Cadwalader, Wickersham & Taft, Torys LLP, King & Spalding, and others.

FREE Downloadable PDFs from the event are available here.

 

 

www.NACB.com

Author Bio

The National Association of Cannabis Businesses is the first and only self-regulatory organization (SRO) in U.S. cannabis. Our members function as a self-governing community, focused on differentiating themselves to regulators, the public and others as the most legitimate, professional and trustworthy businesses in the industry.