Kentucky was the 38th state to legalize marijuana; now comes the decision of who gets to do what. Kentucky sits between the Southeast US, which has been slow to legalize cannabis, and the Midwest US, which is transitioning from medical programs to adult-use programs. Many expect the state’s noted history of bourbon and hemp expertise to translate into cannabis business …
This month, we journeyed to Oklahoma with our marketing interns for their inaugural adventure in the cannabis industry. Our first stop was CannaCon South, a vibrant conference where our interns immersed themselves in the intricacies of cannabis business operations, forged connections with passionate professionals, and absorbed invaluable insights into this dynamic field. Next, we delved deeper into the cannabis industry …
In recent months, there has been an uptick cannabis business burglaries and theft across the United States and Canada. As a result, many areas that permit cannabis have released advisories notifying cannabis businesses about this increase and providing guidance on how to better prevent theft. This is especially true in states and provinces that have been hit the hardest as …
DALLAS, Texas – Sapphire Risk Advisory Group, LLC, is pleased to announce a new collaboration with Alert Security Consulting. Inc. Both companies are known for their extensive security consulting experience within the cannabis industry, and they are excited to enhance their offerings to valued clients through this collaboration. The experts at Sapphire Risk Advisory Group (SRAG) are known for their …
Every retail store and facility is susceptible to armed robberies, but the risk can be higher depending on the type of product the store is known to sell. High-risk business owners, such as those in the cannabis industry, must assess all the risk factors. This includes the type of industry they operate, the products they sell or cultivate, the store/facility’s …
CPTED or Crime Prevention Through Environmental Design is the approach to crime prevention that utilizes architecture, urban planning, and facility management to deter criminal acts. When properly utilized, CPTED is an extremely successful method of crime prevention for any business, especially high-risk businesses like those in the cannabis industry. While CPTED has been tried and tested since the mid-1900s, newer …
One of the most crucial aspects of running a high-risk business is ensuring that your employees are well-versed in your dispensary’s security standards and procedures. There is a clear correlation between your company’s long-term success and how well trained your employees are. Trained employees off your business a better ROI because they are aware of the company’s losses if they …
Being able to determine potential risks and enact procedures that mitigate their impact is critical for cannabis businesses. By implementing security measures like video surveillance and alarm systems, security guards, and other barriers, business owners can lessen their chance of facing legal action by taking preventative actions. To do this, a trained security expert should be contacted who can conduct …
Many businesses, both small and large, benefit from establishing Standard Operating Procedures (SOPs). SOPs provide better business structure and proper organization, as well as improve communication, workload efficiency, and quality control. Cannabis SOPs are crucial in establishing the business’ standards and expectations. What are Cannabis Business SOPs? SOPs are intended to set standards and/or improve operation routines in order to …
Since choosing a lease property for a cannabis business is one of the most involved aspects of business start up, cannabis companies must recognize that the property’s ability to be secured is just as important as the property’s location. No matter the address, cannabis business owners will want to research the property’s crime history and implement layers of security to …
