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Decision Time’s Drawing Near for Kratom Vendors
I am Chief Information Officer of a nonprofit consumer advocacy group, the American Kratom Association. I am not qualified to be a consultant to vendors. If I were, I’d hang up my shingle and charge the $500/hour the others charge.
But, in the interest of helping the AKA’s consumer base — and the dearth of information available for crossing the minefield of murky FDA regulations — I seem to have been pressed into service, anyway.
In a very high-profit business like selling kratom, vendors need to find the best sources of information they can find. This isn’t easy. Finding and becoming friends with one or more of the most successful vendors should always be a goal of aspiring entrepreneurs, but — at the same time, it’s worthwhile to pay for the years of expertise of a trade organization like the AHPA.org
There are costs to being in business of any kind: licenses, the cost of the time it takes to write and enforce operational manuals that tell your employees what you expect from them, the cost of compliance, and — most of all — the cost of acquiring the best current information on how successful businesses are being operated.
I do my best to point vendors in the right direction, based on knowledge I have gleaned from my years of observing this business model and my years of studying how to manage businesses I have owned.
Vending kratom is a very risky and complex business — that’s why it is so lucrative, but you must earn it by investing your time and early profits in learning how to do it well.<br.< p=””>
Business can be a very hard master, very cruel if you don’t show it sufficient respect. If you don’t have the resources to do it right, you must either find the necessary resources by borrowing or partnering with others — or you might need to decide it is unwise to continue in this business.
I have tried to hint that an option for smaller vendors is to form a co-op like small farmers do. I don’t see anyone taking this advice. Getting a bank loan to make your business cGMP-compliant is, I know, out of the question, so you must do something.
My point here is that the FDA’s major concern with kratom is that thousands of vendors are selling largely untested products, packaged in unknown conditions, with no insurance, and no accountability if anything goes wrong. Can you see how this has made the FDA very nervous about letting this industry continue as it is?
We’re nearing a turning point. We can prove that kratom itself is safe, but the FDA wants an assurance that YOUR product is safe… and cGMP is how they obtain that proof.
So, it’s time for all vendors to learn what those rules are and find a way to comply with them for the good of the consumer and the industry, as a whole.
Join AHPA.org to learn how to become FDA compliant.
