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New Guide for Risk Management and Risk Assessment in the Cannabis/Hemp Industries
1. Scope
This ASTM guide provides a framework for implementing risk assessment and risk management practices in the cannabis/hemp industries. It covers the identification, evaluation, and control of risks associated with various aspects of cannabis cultivation, processing, manufacturing, distribution, and retail operations.
Keywords
Risk assessment; Risk management; Cannabis industry; Risk mitigation; Continuous improvement; Stakeholder engagement; Regulatory compliance; Ethical practices; Sustainability; Health and safety; Crisis communication; Data security; Collaboration; Documentation; Training; Compliance monitoring
Rationale
This new Guide is needed to provide a framework for entities wishing to establish risk-based Quality Management Systems and GMP-oriented systems, supporting business practices and approaches within the Cannabis Hemp Industries.
