The medicinal and recreational marijuana industry continues to be a dynamic and growing one. For those that are looking for a career or investment in this industry, opening a dispensary can be a great option. When you are looking to build and run your own dispensary, various tips should be followed. One important tip to follow is to ensure you have the proper security measures in place. Overall, the complete guide to protect your cannabis shop should include having armed security. There are various reasons why your cannabis shop will need this service.
All-Cash Business
One of the main reasons that you should have armed security at your dispensary is that you will be running an all-cash business. A typical dispensary can make tens of thousands of dollars per week. As most credit card companies do not allow these purchases, most customers will pay in cash. Any business that is handling that much cash on a daily basis will be a target for thieves. Due to this, having armed security that protects your store and ensures cash moves safely is very important.
Reduce Insurable Risks
Another reason that you should hire armed security is that it can help to reduce your insurable risks. Similar to any other type of business, you will want to have insurance in place. Any commercial insurance company is going to assess your security protocols to determine your overall risks. If you do not have any type of security in place, it can increase your risk and insurance costs. Having a proper security process in place can help you manage these concerns.
Help Identify Threats
A proper security service can help you avoid theft, vandalism, and other concerns. However, they can also help you identify other risks and concerns that you would not have thought of. A security service will be able to properly evaluate your business and provide insight into various security risks. This can help you make changes and prepare for unexpected events.
Improve Credibility
Having proper security can also improve the credibility of your business. Any stakeholder, ranging from your customers, investors, lenders, and other parties will be interested in your dispensary security measures. If you have quality security systems in place, it can help to improve the overall credibility of your business. This can be quite beneficial when you are trying to start or grow your business and need to have access to capital.
When you are looking to improve your dispensary, having the right security measures in place is very important. One part of this needs to include having an armed security guard on site at all times. There are various reasons marijuana dispensaries need armed security.