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 …
Sapphire Risk Advisory Group is celebrating success in New Jersey after all but one of their 2019 clients were awarded medical cannabis dispensary licenses. Sapphire Risk’s scores in the Security Plan section of the application were some of the highest in New Jersey and helped set the tone for the rest of the application. Knowing that each applicant’s submission begins with their Security Plan, …
As the holiday season approaches, many retailers are preparing for the increase in customers (and risk!) that comes with the season. In preparation for busy stores, many retailers are hiring temporary employees or seasonal workers to help accommodate the additional customers, keep shelves stocked, and expedite purchases. While increasing the number of temporary employees on-site is an excellent way to …
The use of access control in cannabis business security is nothing new. Let’s take a door, lock, and key for example. In this scenario, the door is the access control point, the lock is the physical form of access control being used, and the key is the credential which allows access to the access control point. But access control has …
For some people, November is a month to celebrate with friends and family over homemade casseroles and pies. For others, it’s the time to open up heavy wallets and grab all the great deals. While most of the country prepares for Black Friday, cannabis purchasers know that “Green Wednesday” is really when the huge cannabis sales are happening. “Green Wednesday” …
Read Part 1 here. Since the early days of legalization in states like California, Colorado, and Washington, the landscape of the cannabis industry has changed dramatically. In fact, the United States cannabis market of today hardly resembles what it did just 8 short years ago. In the central United States, recreational and medical legalization efforts may be expanding to include states …
This article was originally published with Cannabis Business Executive. Read the original article here. Cannabis legalization is spreading through the United States rapidly, with states initiating medical marijuana programs or expanding to allow adult-use cannabis. This year alone, New York, New Jersey, and Connecticut all voted to legalize recreational cannabis. Now, most states have some form of established cannabis program, …
Water theft is the illegal tapping of a water supply or source and has become an organized, criminal enterprise that jeopardizes municipal, residential, and agricultural water reserves and the environment. This has long been a problem on the West Coast due to the area’s severe heat and droughts. An estimated 12 billion gallons of water have been stolen in California in the past …
