Our Approach to Serving Clients
Copacetic Strategies believes that the cannabis industry’s historical emphasis on compliance has been transcended by the necessity for sophisticated risk management. Our experts provide the road map and the tools you need to transform your company’s compliance strategies and manage enterprise risks effectively.
Qualified Expertise
Copacetic Strategies’ approach to solving cannabis enterprise risk management challenges is founded on the only risk management framework specifically designed for cannabis businesses. The Association of Certified Commercial Cannabis Experts’ Cannabis Risk Management Framework establishes a structured rubric to consistently measure and monitor risk drivers as the enterprise grows and matures.
Our solutions are implemented by certified expert consultants with dozens of years of experience in the highly regulated financial services risk and anti money laundering compliance industries. Their familiarity with federal regulatory methods and international risk management standards extends a higher level of assurance to business leaders and stakeholders.
Successful Strategies
Copacetic Strategies provides cost-effective, strategic approaches founded on regulations and guidance issued by federal and state agencies and trains your employees so they can continue to successfully execute the strategies after the engagement ends.
We connect our solutions to the U.S. Department of Justice guidance on the evaluation of corporate compliance programs. This guidance provides a framework to mitigate criminal risk in instances where the underlying statute in question is ambiguous or contradictory to other applicable statutes. The fundamental elements of the guidance closely corresponds to the Federal Financial Institutions Examination Council’s Bank Secrecy Act Examination Procedures and the Consumer Financial Protection Bureau’s examination procedures on compliance management.
Basing our solutions on these familiar foundations allows financial intuitions to quickly adopt and easily integrate cannabis-specific policies and procedures into their current control environment. Creating a clear approach for governance, controls, and monitoring for all parties dealing with cannabis-related financial transactions.
Cannabis businesses and ancillary businesses benefit from our utilization of these regulatory touch points because of the ongoing opaque legal environment business leaders operate in. The tried and true methods form an active bulwark against enforcement actions and are used to reduce penalties in cases where enforcement actions are ultimately taken.
