Cannabis and Compliance
Bribe, Swindle or Steal
Alexandra Addison-Wrage of TRACE International
4.9 • 582 Ratings
🗓️ 19 May 2021
⏱️ 24 minutes
🧾️ Download transcript
Summary
Amy McDougal of CLEAResources discusses the rapidly shifting cannabis landscape and how to prepare for the many employment and compliance issues it raises.
Transcript
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| 0:00.0 | Welcome back to the podcast, Brib, Swindle, or Steel. I'm Alexandra Ragi, and today we're talking about the compliance challenges associated with campus. |
| 0:15.0 | My guest is Amy McDougall of Clear Resources LLC, a woman-owned and veteran-owned firm specializing in, as the |
| 0:22.5 | acronym in the name suggests, compliance, legal, ethics, and risk. Amy has a varied background |
| 0:28.9 | in music at the Peabody Conservatory as a major and judge advocate general in the Air Force |
| 0:34.5 | and in-house. Currently, she serves on the board of the International Cannabis Bar Association. |
| 0:40.1 | Amy, thank you for joining me. |
| 0:42.4 | Thank you for having me. |
| 0:43.3 | It's a pleasure to be here, Alexandra. |
| 0:44.9 | Let's start with the basics. |
| 0:46.2 | What are we talking about when we say cannabis? |
| 0:48.5 | Just take us through it. |
| 0:50.2 | Cannabis is the umbrella term that we use for all of the products that come from the cannabis |
| 0:56.6 | Sativa L plant. So it gives us both marijuana and hemp. And they're actually the same thing in the |
| 1:03.9 | same plant. The only difference between the two is the content of THC, which is the psychoactive component that we associate with marijuana. |
| 1:13.9 | So if you make an analogy to coffee, it's decaf coffee is coffee, although arguably some people |
| 1:19.7 | would say that it's not, but it's still coffee. It just doesn't have as much caffeine in it. |
| 1:24.6 | So this is the same thing with the cannabis plant. When we have hemp, it's a |
| 1:29.2 | cannabis setiva L plant with less than 0.3% THC. And when we have marijuana, it has over that |
| 1:36.0 | threshold of THC. And then we have CBD, which is one of the cannabinoids that's produced by the |
| 1:44.1 | cannabis plant. And there's also some |
| 1:46.2 | others, like CBG has gotten more attention recently. But CBD can be derived from either hemp |
| 1:52.2 | or from marijuana, and it can be completely free of THC or can contain THC. So just because someone |
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