As of May 2023, Minnesota has passed a law legalizing adult-use cannabis. Signed by Governor Tim Walz, the law will go into effect on August 1st of this year. This new legislation creates the blueprint for adult-use cannabis in the state. A new Office of Cannabis Management will be established. This will regulate the cannabis business in the state, including …
2022 was an eventful year for cannabis activists, lawmakers, businesses, and consumers. 4 U.S. states legalized either medical or recreational cannabis, and most of them are from the Southeast region. As of January 2023, 38 states have a medical cannabis program, and 22 have legal recreational cannabis. States that Legalized Cannabis Here is a map that demonstrates the legal status …
Many States require local city approval prior to issuing a State cannabis license. Over the last 10 years, Sapphire Risk has been involved in over 200 municipality meetings where we presented our client’s cannabis security plan to city officials. Most of these clients received city resolution approval letters but there were a few that were denied for various reasons. Below are …
One of the most critical investments high-risk retail businesses should make is investment in the security training of their team members. All forms of businesses invest in their training programs, so why should high-risk retail be different? Let’s start by clarifying what “high-risk” businesses are for the purposes of this article. These businesses operate high demand products or services where …
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 …
Cova Software, a cannabis POS system, and Sapphire Risk Advisory Group, security consultants for cannabis businesses, took us back to the 80s at a totally rad, MJBizCon afterparty! “VIP Members” were instructed to arrive at The Doyle in true, 80’s Glam fashion on November 16, 2022. 80s Party Features and Attractions A live band played some 80’s classics that helped …
The cannabis market is thriving as states continue to legalize medical and recreational use. It is encouraging that a once-taboo subject is now being accepted nationally. Many people are excited to get a slice of the prize and open their own “mom n’ pop” dispensary. Unfortunately, there are a few hoops that you’ll have to jump through before opening up …
What happens when you mix Las Vegas and a cannabis convention? A Kingpin party of course! There was no “pin” left standing after the night was over. Temeka Group, Sapphire Risk, Blaze, Zoned Properties, and GreenSpacePro hosted a fantastic MJBiz Convention after party up in the Palms Casino suite. The event ran from 7-11 PM late Thursday evening (November 17), …
Why should I hire security guards for my facility? We have cameras and an alarm system. Why would I need a security guard? Understanding the differences: Proactive Security is exactly as it sounds, being proactive. Reactive security is also self-understood. On a deeper level, proactive security is the highest level of security. Here’s why. Why is Proactive Security Important? Practically …
Click here to view original press release. Sapphire Risk is honored to announce its collaboration in The Bronx Dispensary Showroom, New York State’s first adult-use cannabis retail experience. DALLAS, TEXAS, UNITED STATES, December 2, 2022 /EINPresswire.com/ — Sapphire Risk Advisory Group, LLC, is honored to announce its collaboration in The Bronx Dispensary Showroom, New York State’s first adult-use cannabis retail …
