The State of New York is making progress toward legalizing recreational cannabis sales, with almost 40% of municipalities opting in, including all five boroughs of New York City. Many municipalities have opted out, however, and the state’s regulatory framework has yet to be finalized. Despite this, if regulators stay on track, licensing will begin soon and legal sales will begin …
Most cannabis businesses are already equipped with video surveillance cameras, either for regulatory compliance or added security. Surveillance cameras are great for deterring crime, monitoring facilities, and investigating incidences, but their use is even more beneficial when combined with video analytics.  Video analytics for cannabis businesses provide valuable insights that lead to smarter business decisions and increased security, all while making …
With the rapid expansion of the cannabis industry, frequent transport of cannabis is becoming a requirement for many cannabis businesses. To meet this need, cannabis business owners must decide whether or not to vertically integrate and transport cannabis in-house or hire a third-party company. This can be a confusing and daunting decision because while self-transport ensures control over all transport …
Cannabis business owners and operators have plenty to worry about; bringing in revenue, keeping customers and employees happy, paying taxes, and securing inventory are usually top of mind. But an important facet of running a cannabis business that is overlooked with surprising frequency is regulatory compliance. It may be that like regular medical checkups, a lot of people don’t worry …
While all businesses face the risks of theft or diversion of product, retailers face the added risks associated with shoplifting. Additionally, cannabis retailers could be targeted for their valuable cannabis products and cash on-site if not properly secured. Despite this, there are many ways that cannabis business owners can prevent shoplifting in cannabis retail by utilizing effective security policies and …
When it comes to building security, letting the right people in is equally as important as keeping the wrong people out. Access control systems are often employed by cannabis businesses to easily separate those who have are authorized from those who are not and often employ two-factor authentication. In its simplest form, an access control system grants access to those who have …
The holiday season is just around the corner! While this might bump up your customers and profits, it can also increase your potential risks. Cannabis businesses will need to take extra care in making sure that any current security is reliable and properly maintained and that updates or repairs are made prior to holiday sales. Preparedness is key, so create …
Organized crime is a global problem and can be problematic for retailers and non-retailers across multiple industries. In retail, organized crime often occurs through planned thefts or robberies and can cause businesses to incur substantial losses and evidence indicates that retailers may lose an estimated $30 billion each year. Between 2015 and 2020, rates of organized retail crime increased by 60% …
A new law will soon require cannabis business owners take a fresh look at their video surveillance system to determine regulatory compliance. Passed in November, the Secure Equipment Act of 2021 takes aim overseas communications equipment manufacturers and their threat to national security. Under the new law, the importation, marketing, and sale of specified Chinese communications products would effectively be …
The New Jersey Cannabis market has undergone a lot of turbulence and delays, especially for prospective business owners. The state has an existing medical cannabis market and will soon be accepting licenses for adult-use cannabis businesses. With the recent announcement of winning medical cannabis applicants after a lengthy delay and the newly legalized adult-use market and licensing process, the New …
