Newbold Advisors and Qredible® Join Forces to Provide Compliance, Operations and Risk Management Services for Cannabis and Hemp Operators
Newbold Advisors is pleased to announce a strategic partnership with Qredible®, a compliance-based digital registry and transaction platform purpose-built for the cannabis and hemp industries.
“Our partnership with Newbold is rooted in a shared mission — to leverage technology to create a secure supply chain in highly regulated industries. By combining our complementary strengths, we’re able to deliver technology, strategy, and leadership that these industries urgently need to thrive and scale responsibly,” said Qredible® Co-Founder, Chairman and CEO Brian Fitzpatrick.
As cannabis and hemp businesses face intensifying scrutiny from investors, regulators and financial institutions, this partnership combines Qredible’s powerful verification and compliance technology with Newbold’s proven consulting expertise across operations, technology and risk management. The result: a comprehensive suite of services that help operators and stakeholders reduce risk, increase transparency, and unlock growth.
Together, Newbold and Qredible® will support clients with:
Compliance Program Development & Execution
Developing and implementing risk management frameworks that address state/local regulatory requirements, Anti-Money Laundering (AML)/Know Your Customer (KYC), Occupational Safety and Health Administration (OSHA) and emerging obligations with ongoing assessments and training.
Technology Optimization
Evaluating and implementing compliance management software with support for User Acceptance Testing (UAT), Standard Operating Procedures (SOPs), testing, and fractional Chief Technology Officer (CTO) services.
Operational Excellence
Establishing scalable target operating models, streamlining SOPs, and delivering tailored employee training programs.
Risk Management & Quality Assurance
Conducting internal control reviews, quality control/assurance, and building governance frameworks.
Our partnership supports Multi-State Operators (MSOs), in addition to cultivators, manufacturers, distributors, and retailers navigating the complexities of a rapidly evolving market.
“Qredible’s risk management-centered technology and Newbold’s deep expertise in compliance and operational transformations create a unique and much-needed value proposition for cannabis and hemp operators,” said Michael Wade, Senior Partner, Newbold.
For more information, contact Jennifer Carney, Marketing Manager