Cannabis Industry Security Investment News
The sophisticated security industry sees an opportunity in cannabis industry security investment as this is a fast-growing primarily cash business which requires highly technical systems to protect itself in its earliest stages.
Cannabis Industry Security Investment
Security consultant companies are seeking to provide cannabis companies and retailers with security systems and effective strategies to safeguard their assets and protect their personnel. Currency safeguarding is also a factor.
stockmarketpress.com is a media company which is spotlighting security in the canna-bis industry analyzing how specialist consultants are able to safeguard vulnerable cannabis companies and especially retailers/dispensaries forced to participate in a cash business. The media company has reported updates on CBD Unlimited, Inc. (OTC PINK: EDXC),), Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF), The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), OrganiGram Holdings Inc. (NASDAQ: OGI) and Canopy Growth Corp. (NYSE: CGC).
Due to government regulation, cannabis retailers are shunned by conventional banks and financial institutions leaving them to operate now in a cash environment. This leaves them little option but cannabis industry security investment in technologies such as facial recognition for employees, identification of customers, surveillance cameras in physical facilities and even uniformed on site security.
Armored car services are also in demand by the cannabis retailers/dispensaries as they need to move large amounts of currency rather than execute digital transactions. In place of conventional cash, sometimes cannabis retailers utilize digital cryptocurrency, such as Bitcoin.
Security services for the cannabis industry includes uniformed security, electronic security, transportation services and formal security and fire plans for cannabis stores, growers and processors. Digital systems include alarms, camera monitoring and sophisticated surveillance systems.
Cannabis industry security investment is a necessity, sometimes required by state law during the permitting process of business in this regulated industry. Electronic monitor-ing enables a cannabis retailer or grower/processor to observe all elements of opera-tions from a central location. Installation of sophisticated security cameras and other measures ensures the safety of employees and consumers. It raises the level of trans-parency and prevents the temptation of anyone who might wish to cross the security threshold.
Growers and processors have assets and plants to protect as well so they are in need of the security industry’s integrated systems. They wish to keep intruders from their fields and processing fields at all times. Uniformed guards are a deterrent and monitor-ing systems are an efficient way to ensure employee safety and asset security.
Some cannabis companies have invested heavily in the construction of greenhouses and processing equipment. Especially import is security for dispensaries and manufac-turers of medical grade product. Cannabis industry security investment is vital especially for these producers of high grade cannabis product.
To retailers and dispensaries the high levels of cash transactions requires professional security and cannabis industry security investment. As a deterrent from thieves seeking to take advantage of a large cash business moving currency, armored vehicles and uniformed security plays a significant role.