How stable is your cannabis payment platform? Are there dangers lurking in your cannabis payment solution? The fact that banks are federally regulated and required to abide by federal laws such as the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) has left the cannabis industry without many options. eing forced to operate as a cash-only business with limited access …
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 …
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 …
The need for security guards in the cannabis industry is essential to the smooth operation of your business. Security officers are a deterrent for crime and serve as customer service representatives to your customers. Assisting with directions, crowd control, and checking IDs are some of the job functions security guards conduct at cannabis facilities. The question that arises is – “why should I …
This article was originally featured on the RDC blog here. Designing a successful dispensary can be challenging in any location, but when the retailer is located in a high-crime area this task becomes even more difficult. Since it is not always possible to obtain property in a low-crime area due to competitive markets, zoning laws, and other factors, dispensary owners …
Cannabis and medical marijuana businesses can be at higher risk of crime than “regular retail stores” since they carry copious amounts of cash along with products that are valuable and “readily resold.” Hiring trained and licensed security professionals is the answer many businesses have accepted to prevent crime and protect their goods, employees, and customers. Roles for All Cannabis Business …
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 …
Cannabis and security go hand in hand. The key to success in this industry is having proper security measures in place. This can be done by having proper SOP’s, alarm and camera systems, and security personnel among other things. The Importance of Security Guards Why is having proper security personnel on site so important? How is your security guard also your …
