What steps can cannabis companies take to prevent internal theft and maintain employee integrity?

AlphaRoot Team

The cash-intensive nature of the industry and the high value of inventory make internal theft a significant risk. Prevention measures include:
• Pre-employment background checks and verification of employment history.
• Segregation of duties so that no single employee controls purchasing, inventory, and cash handling.
• Access control systems to restrict entry to vaults and inventory areas.
• Random audits to catch discrepancies early.
• Comprehensive surveillance (cameras and point-of-sale monitoring) integrated with cybersecurity.
• Fostering an ethical culture through fair compensation, employee recognition, and clear reporting channels for suspicious activities.
Combining technological controls with a supportive workplace reduces the temptation for theft.