Deloitte acquires Canadian consulting firm Cannabis Compliance Inc.

Deloitte, one of the four largest audit and consulting firms in the world, has acquired the Canadian company Cannabis Compliance Inc., which specializes in licensing and compliance for the cannabis industry.

The newly created company, CCI Deloitte, will offer substantial resources and in-depth knowledge of the entire spectrum of cannabis consulting, providing comprehensive services to help our clients thrive.

«Canada is rapidly becoming a world leader in the cannabis industry,» says declared Anthony Viel, CEO of Deloitte Canada. «As legislation evolves in other countries, it's important that companies understand and prepare for the unique risks and challenges. Companies will need to continue to innovate to ensure a healthy and sustainable competitive position. By putting Canadian values at the forefront, we can shape the future of responsible and competitive commercial cannabis growth to help the industry mature in Canada and around the world.»

«This is an exciting chapter for our company, our team and the cannabis industry as a whole, as the power of the combined resources of CCI and Deloitte will deliver industry-leading client service and capabilities,» said Dale Hooper, President and CEO of CCI. «We look forward to joining the Deloitte team and continuing to make a positive and lasting impact on the industry and those it serves.»

«The addition of CCI's experienced team enhances our ability to provide end-to-end advisory services to our cannabis-consuming clients in Canada and around the world,» said Poonam Singh, managing partner of Risk Advisory for Deloitte. «This acquisition brings incredible talent and resources to enable us to continue to provide our clients with the ability to realize their growth ambition responsibly. As the cannabis ecosystem continues to develop, businesses will become increasingly complex, particularly in the area of cannabis regulation and compliance. CCI's knowledge will help clients solve these issues to enable their business to grow and prosper.»

Deloitte was already involved in analyzing and advising the cannabis industry, regularly publishing reports on the evolution of the canadian cannabis industry.