Cannabis Challenges
Cannabis accessibility seems to change every month. Slowly but surely, every state is either legalizing or expanding access to a product that used to be attainable only on the black market. However, the black market still exists; therefore, there is still a large market for a desirable product that can easily be converted into cash.
Cannabis security is still a major component of most applications to receive a cannabis business license. Although consumption, security, cultivation, and manufacturing of cannabis is becoming more mainstream, you can still find several new reports of robberies, break-ins, and employee theft.
Additionally, cannabis license compliance often requires the installation of new security equipment, regardless of the facility type. It will also require strict observance of inventory and reporting procedures, as failure to properly report missing assets to law enforcement or regulators can result in steep fines or even forfeiture of your license to sell cannabis products.
Finally, the cannabis industry has been experiencing high turnover and low profitability, partially attributable to an absence of training. Sapphire Risk has developed an innovative new training platform to educate all dispensary employees by instituting loss prevention and compliance-abiding techniques.
Get more information about the program at: https://www.mysapphiretraining.com/
Want to be awarded a cannabis business license?
One key component of your company's winning strategy is having a well-rounded team of experts you can trust. If you have the best, you can expect great results. With top-tier talent on board, remarkable results become not just a possibility, but a natural outcome. When pursuing a cannabis business license, rely on our expertise to steer you toward success.Â
Cannabis Legalization in the US
Featured Articles
Application Security Consulting
Security is required by both state and cities when applying for a license. Topics to address include; video surveillance design, access control protocols, safe & vault storage policies, internal diversion prevention, employee safety and overview of security policies & procedures.
Security Floorplan Design
A well designed security floorplan looks at all the different angles that a business can protect itself from external and internal threats. It not only considers the equipment that needs to be used but most importantly how it needs to be placed providing adequate coverage.​
Policy & Procedures
Risk Assessment
Diversion Prevention Strategies
Equipment Consulting
Purchasing security equipment without knowledge on the latest technology or market prices can increase the risk of being charged a higher amount for the same equipment. Having a specialist work on your behalf like a general contractor would, can not only have a cost-saving effect on your operation but also assure that your security is compliant with cannabis industry regulations.​
Talent Assessment
Continuous Training
Ultimately, we want to see our clients succeed in an industry still experiencing growing pains. The cannabis industry has a reputation for being vulnerable to crime, and we strive to reduce losses and improve our clients' community legitimacy. We want to solve the internal loss problem that occurs on a daily basis while keeping our clients’ hard-won businesses profitable and safe, whether they are dispensaries, cultivation facilities, or consultancies.
