PRESS RELEASE — SAPPHIRE RISK ADVISORY GROUP’S CLIENTS WIN MULTIPLE LICENSES IN NEW JERSEY

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, clients who utilized Sapphire Risk ensured that their application started out strongly.

“This has been a long time coming, said Tony Gallo, Managing Partner of Sapphire Risk. “We work closely with our clients to put together Security Plans that represent our client’s desire to protect their employees, patients, and their community. We are all very excited to finally begin the physical security build outs for these new dispensaries in my home state”

Middle Valley Partners, LLC was one such applicant that retained Sapphire Risk’s licensing services and received the highest overall score in the state. Middle Valley Partners will be expanding patient access to an underserved area of Central New Jersey in 2022. 

“We secured our New Jersey dispensary permit last night and scored number one in the State!” said Sarah Trent, Founder and CEO of Middle Valley Partners. “In part, thanks to Sapphire Risk. Now the real work begins.” 

Sapphire is preparing to design the physical security systems and security standard operating procedures for multiple medical cannabis dispensaries across New Jersey. Over the last 8 years, Sapphire has designed the security programs for over 70 cannabis facilities in 35 states, including several cultivation facilities and dispensaries already in operation in New Jersey.

“Looking at the final scores, many other applicants scored below 50% in their security section,” said Leo Falgout, Sapphire Risk Chief of Staff and primary writer of the winning applications. “When the NJ CRC determined that we wrote a strong Security Plan and addressed their rubric requirements to receive these high scores, it validates the hard work and focus that our application writing and floor plan design teams put into each client’s Security Plan.” 

Sapphire is currently writing multiple sections of the application for the next New Jersey adult-use licensing process that begins on December 15 for both cannabis cultivators and manufacturers and is still accepting clients for adult-use retail applications that begin in March 2022.