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, …
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 …
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 …
The New Jersey Cannabis Regulatory Commission announced on November 9th that it will begin accepting applications next month. The initial deadline set by the state was not realized in September, but now it appears that the program roll out is back on track. Applications for Class 1 Cultivator Licenses, Class 2 Manufacturer Licenses, and Testing Laboratory Licenses will be accepted starting …
Over the past few years, Delta-8 THC has made headlines as a form of “THC-lite.” Since the 2018 Farm Bill legalized the production of hemp as long as the Delta-9 content stays below 0.3%, Delta-8 manufacturers and retailers have found themselves in a legal gray zone. Now, states must decide for themselves whether to allow the sale and possession of …
Joining the domino of cannabis legalization in the United States, Connecticut is one of the most recent states to enact legislation that legalizes cannabis use recreationally. Connecticut previously only permitted the use of medical marijuana, but will soon allow retail sales. The state released guidelines last week that provided some answers for those interested in entering this developing market. Current Status …
This article was originally featured on the CB Advisors blog. Just three months after voters approved recreational marijuana in November 2020, the Arizona adult-use program was up and running, making it one of the fastest implementations in the country. Recreational marijuana sales in Arizona have been strong. MJBizDaily projects that the state’s recreational market could be worth $350-400 million in its …
Crime Prevention Through Environmental Design, or CPTED, is a method of crime prevention that involves controlling the area surrounding a business and creating strong ties with the local community. CPTED, when practiced effectively, is one of the most successful crime prevention applications for any business, but these strategies can be especially useful for high-risk businesses like cannabis businesses. Utilizing CPTED is a form of proactive security that can …
Illinois cannabis sales have skyrocketed and continue to rise since the start of recreational sales in 2020. Cannabis business licenses in the initial application round were limited and the process experienced technical errors, as well as delays due to the pandemic. The state continues to refine its legislation in an effort to create a fair application process and has even committed …
