What physical security measures should cannabis facilities implement to deter theft and ensure regulatory compliance?
Cannabis operations are high‑value targets for theft and robbery. Because federal banks cannot serve the industry, many businesses handle large amounts of cash. Best practices include:
• Developing a formal security plan tailored to cultivation, manufacturing or retail operations. Consult security professionals and update the plan annually.
• Training employees at least once a year on security protocols, inventory management, cash handling, and hazard communication.
• Conducting random audits to identify weaknesses before regulators do.
• Installing an access-control system to restrict entry to vaults, grow rooms and inventory areas.
• Implementing high-resolution video surveillance with remote monitoring; some jurisdictions require specific camera placement and retention periods.
• Investing in cybersecurity to protect point-of-sale and inventory systems.
Compliance with state or provincial security requirements reduces the risk of theft and license suspension.
Related FAQs
What is theft and vandalism coverage for cannabis businesses?
Cannabis businesses can obtain insurance that covers theft and vandalism, protecting against financial losses from criminal acts.
Do cannabis insurance policies cover theft or burglary?
Yes, most comprehensive cannabis insurance policies provide coverage for theft or burglary.
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