In the past, robbers used to target banks if they wanted large sums of cash quickly, but with many states legalizing cannabis, cannabis retail stores have become easy targets.
This is because marijuana is still illegal per federal law, meaning those businesses are very cash-reliant because they aren’t able to accept credit cards—and many experts believe the federal government will not make marijuana legal anytime soon. Meanwhile, legal sales at the state level are expected to total $33 billion this year.
As a result, security is a top priority.
Here are 9 ways security managers can protect cannabis establishments, with professional insights offered during SIA’s recent symposium:
1. Training
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