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Dec 01

4 Things To Prepare In Safeguarding Your Marijuana Business

If you already have a cannabis dispensary, then you already know why it’s so important that you make sure to have a very good security system. It is no different if you’re just starting out in this line of business.

Cannabis dispensaries are not allowed by banks to have a business bank account. Marijuana is still considered by the federal government as a Schedule 1 drug even if it’s already legal in some states. Since that is the case, banks could easily get charged with money laundering if they handle money coming from this business.

Running this sort of all cash-based business could be really tough, especially when ensuring security. Aside from criminals having interest in stealing the products itself, a cannabis dispensary being an all-cash business also makes it more interesting for felons.

Knowing that this business will run cash-based for a long time, all that’s left to do is to make sure you’re well-prepared with the possibility of burglary and other security concern. After all, this is a business that could make people do bad things even if it’s supposed to be for medical and recreational purposes.

If you’re already starting on your security strategies for your marijuana dispensary, here are four things that you should prepare to make sure your business is secured.                                                                                                                                                                  

  • Properly Installed Security Cameras

You can never go wrong with security camera installations unless you put them in the wrong place. When running this type of business, just always make sure that your business-site is packed with these.

Always ensure that you get as many cameras as you could so that you can install them in an area with different angles. There are different types of security cameras that you can get to be placed in and out of your place of business.

You can choose different types of security cameras to be installed in the dispensary such as the dome and bullet cameras. Both can be used indoors and outdoors. Some manufacturers would even have these cameras come with motion sensors.

The bottom line here is that even if security cameras will cost you quite a fortune, these are still something worth the price. If in case anything bad happens in your dispensary, this could give you the evidence you need that could help you with your police report and your business insurance.

  • Security Fences and Safe Rooms

Aside from the security devices, you could install, the property where you will have your dispensary should be secured. The location of your dispensary plays quite a role when it comes to knowing what your property needs to be secured.

There are dispensaries that set up security fences on the outside of their premises, but since nowadays,

in some states, dispensaries could even be located inside a mall so that may no longer be necessary. Security fences may work great for stand-alone dispensaries.

Having a safe room is important especially because all transactions in this business are through cash payments. You can choose from a lot of multiple safe rooms, depending on your needs and your security strategies.

  • Security Personnel

This is one of the reasons why running a dispensary could get expensive. Aside from the installed security devices in your dispensary, getting a security personnel is also something to consider.

Some dispensaries just ensure that their budtenders or employees get the right training for defense instead of hiring security guards or personnel to save money. But getting a professional is surely the best option here.

If you agree and you’re already thinking of hiring one for your dispensary, always ask the security agency about the ones that are considered to specialize security in the business that you’re in.

  • Security Monitoring

With all the security features that your cannabis dispensary needs, it will be easier, if not best, to get a security system from security companies that have a solid background when it comes to this line of business.

Sure, you could get any security company to do this for you, but always do an extensive research about the top security companies which are great with dispensaries. A state-of-the-art security system is a must, especially if your dispensary is located in a crowded area.

This is another thing that could cost you a lot, but hiring a company means you won’t have to handle all the security planning on your own. Getting a good security company will still be worth it, so check the reputation of the company you’re eyeing.

What’s great about security companies is that they also can do the monitoring so if in case any break-in happens, the cops can be easily alerted. You also wouldn’t have to worry about the people monitoring your security because they are licensed professionals who underwent thorough background checks to ensure that they are trustworthy.

Just a Few More Things to Consider

Like the security companies that you might get to help you out with your security strategy, always make sure that the people you hire to work with you in your dispensary are thoroughly checked.

Always keep your dispensary well-lighted and if you haven’t chosen a location just yet, consider getting a space that is usually crowded.

It takes a lot of time, effort, and even money to be successful when it comes to setting up your own dispensary, so you have to make sure that you’re ready and willing to give a lot of yourself in this business.