ESG & The Cannabis Industry Article Series - Article 1

Corporations around the world are scrambling. Scrambling to increase the diversity of their leadership teams, reduce their emissions footprint and mitigate their exposure to a whole host of risks – from climate change’s impacts on supply chain management to maintaining compliance with emerging disclosure regulations in major economies around the world. In a nutshell, corporations are scrambling to meet ESG expectations in the new normal of business.

But what exactly is ESG? And why has it moved from a “nice-to-have” to “table-stakes” for competing in 2021 and beyond? Quite simply - because the world has changed. From a corporate as well as an investor perspective, an ESG lens provides a framework for identifying and managing the risks and opportunities of a changing world – the changes created by shifting economic, social and environmental conditions. The Cannabis and Hemp industry is positioned to become the most sustainable industry there is, while also supporting other industries in advancing their ESG and sustainable innovation aspirations. Why is this? The answer is simple. The Cannabis Sativa plant is inherently one of the most sustainable resources known to mankind, cultivated and utilized throughout history for the same medical and industrial uses reemerging today.

So the question becomes, how do you capture the range of opportunities, both within the cannabis and hemp sectors and in supporting the sustainable transition for other industries? The first step is to develop an authentic, actionable and commercially relevant ESG strategy.  And how do you do that? You contact Regennabis at info@regennabis.com

Stay tuned for the next article in this Series.