Axis Insurance News & Insights

Preventing Theft in the Cannabis Industry

Written by Axis Marketing | Mar 19, 2023 5:00:00 PM

Marijuana is a highly sought after product which can elevate the security risks of cannabis businesses. These thefts can come internally or externally. This is why it is important to have proper security strategies in place.

This whitepaper discusses the following ways to protect your business from theft:

  • Theft scenarios
    • Employee theft.
    • Thieves break into a dispensary.
    • Burglars exploit your premises.
    • Product stolen in transportation.
  • Risk Mitigation Strategies:
    • Manage employee theft.
      • Background checks.
      • Manager training.
      • Procedures for check-in/check-out processes.
      • Presence during large transactions.
      • Inventory tracking and audits.
  • Managing Delivery concerns:
    • Camera installation.
    • Train drivers on robberies.
    • Geofencing apps.
  • Secure your premises:
    • Alarm and surveillance systems.
    • Reduce visibility to outside public.
    • Purchase a safe.
    • Ensure security of windows and doors.
    • Install fencing.
    • Law enforcement relationship.
    • Security guards.
    • Panic button.
    • Security procedures.

Find Out More:

Download our “Preventing Theft in the Cannabis Industry " white paper to learn more.