Lights are the first line of defense for any brick-and-mortar store, but in the cannabis industry, they are an even more crucial component of the security system. A proper security lighting system can both prevent and deter potential intruders, secure parking lots and outside perimeters, and illuminate areas that receive little or no light from adjacent properties. Outside, exterior …
This article was originally featured on the RDC blog here. Though medical marijuana has been legal in the state since 2014, recreational cannabis was only recently legalized in New York in 2021. The rollout of recreational cannabis has been slow in New York, but draft regulations were recently released and now the industry is gearing up for licensing. It is projected that the New …
This article was originally featured on the CB Advisors blog here. Seven more applicants were approved for recreational cannabis licenses this week as Vermont prepares for the start of retail sales to adults in October. All seven of the applicants were social equity or economic empowerment applicants. “The board is required to consider license applications from social equity or economic empowerment …
It’s time to say goodbye to CCTV. All technologies eventually become obsolete and are replaced by more advanced devices. This is especially true in the security industry where faster, smaller, and smarter devices are created every year. Despite all of the progress in the industry, one technology has managed to hang on longer than others: CCTV, or closed-circuit television. While …
Cannabis has been legal in Washington State now for 10 years, making Washington among the most mature cannabis markets in the country. In 2020 alone, Washington’s cannabis market generated over 18,000 jobs and over $600 million in tax revenue. So why is the unregulated market still thriving? Washington State Cannabis Excise Tax Despite beliefs that California holds the highest, most complex tax …
The cannabis industry presents a very unique and challenging field to conduct business in. Not only must cannabis businesses navigate the waters of a semi-legal industry, but they must also deal almost exclusively in cash. Handling and managing cash can pose real financial risks for cannabis dispensaries. For starters, having large sums of cash present at your business invites criminal activity …
In the past few years, retail stores across the United States have seen an influx in crime involving groups conducting smash and grab lootings, also known as “wildings.” Cannabis dispensaries have not been immune to these crimes and many of these “wildings” occurred in California. In most cases, the incidents were over in a matter of minutes – with looters …
As of January 1st, of this year, the city of Denver, Colorado has begun mandating cannabis dispensaries implement additional security requirements in response to recent increases in crime at cannabis businesses. There are over 200 dispensaries in Denver that produce an estimated $700 million in annual revenue that now must comply with regulations that bear additional costs and include the use of a secure storage …
Since preventing shoplifting and other methods of external theft is usually the priority of cannabis security plans, internal theft can sometimes be overlooked. On average, employees cause about 90% of all theft losses. Additionally, when asked, 60% of employees stated that they would steal from their employer if they knew they wouldn’t get caught according to the FBI. Despite the obvious dangers …
Cultivators and dispensaries have different but important security needs; thus, regulators mandate requirements of facilities to ensure that the businesses do not fall victim to theft and diversion. Common regulations involve commercial video, alarm, and access control systems. These requirements are the minimum for businesses, and businesses can choose to do more than the regulators require. How about laboratories though? …
