Over the past few years, Delta-8 THC has made headlines as a form of “THC-lite.” Since the 2018 Farm Bill legalized the production of hemp as long as the Delta-9 content stays below 0.3%, Delta-8 manufacturers and retailers have found themselves in a legal gray zone. Now, states must decide for themselves whether to allow the sale and possession of …
Perhaps you have heard theft of catalytic converters is on the rise. While Sapphire Risk focuses mostly on retail and cannabis security, we try to stay adept of all loss prevention issues. Legislators and police departments are attempting to tackle the issue’s status as a rising type of property crime. The catalytic converter converts toxic exhaust molecules into environmentally safe …
The business of growing and selling marijuana shows some of the fastest growth of any new industry today. Current valuations show the U.S cannabis industry to be worth $61 billion. Analysts are now predicting that the industry will be worth $100 billion by 2030. This explosive growth has brought with it an array of challenges for dispensary owners. While many …
Similar to cannabis’ path to legalization, the process of legitimizing psilocybin will likely be a slow process with many legislative hurdles. In order to change current psilocybin laws, extensive scientific research and evidence showing the medical benefits will be necessary to remove negative connotations and shift public opinion. Efforts to reform psilocybin laws are growing throughout the United States and …
While reactive security measures are a foundational part of any business, proactive security measures have been increasing in popularity due to recent technological advancements in the security industry. Reactive security measures are those used to respond to a crime after it occurs, but proactive security measures seek to prevent the crime from ever occurring. Reactive and proactive security measures serve different roles …
After years of strict prohibition, psilocybin therapy is finally gaining recognition for its medicinal benefits and use in the treatment of mental health. Though some areas have changed their laws regarding psilocybin research and access, the United States still has a long way to go before psilocybin is fully legitimized in the medical industry. The future of psilocybin will be …
While most cannabis business owners believe that external robberies or burglaries are their greatest threat, internal employee theft is actually one of the biggest interrupters in the growth and success of a business. One way to prevent and deter internal theft is to create and implement a Culture of Honesty. An employee Culture of Honesty ensures that the business is better protected from …
This article was originally featured on the Psychedelic Passage blog. 2020 was a landmark year for psychedelic reform: one district, two cities, and an entire state passed legislation that decriminalized psychedelics in some way. And two cities that approved similar measures in 2019 have continued making further legislative progress in 2020. Though psychedelics are still federally illegal, these local initiatives …
Today is 710, a holiday for cannabis enthusiasts who enjoy consuming cannabis oils, dabs, and concentrates. While 420 may still be the most universally celebrated cannabis holiday, 710 is quickly growing in popularity as cannabis access spreads throughout the U.S. The date 710 was chosen because when the numbers are flipped upside down they spell OIL. Cannabis oil products have a …
While adult-use cannabis remains illegal in the state, the latest Legislative Session for Texas paved the way for an expansion of the state’s existing medical-use program. Like many previous Legislative Sessions, the majority of the bills in support of cannabis failed, such as Texas HB 441, HB 2593, and HB 3948. Unlike previous years, the 87th Legislative Session saw the passage of two …
