After Maine residents voted to move forward with the legalization of recreational cannabis in 2016, the adult-use marijuana industry has continued to grow. Monthly sales from the state’s 50+ stores now top $10 million, and nearly 200 more license applications are still awaiting final approval.
In the five years since Massachusetts residents voted to legalize recreational cannabis in the state, marijuana sales have surpassed the $2 billion mark—generating millions in tax revenue, creating new jobs, and attracting young entrepreneurs. Now that the benefits are apparent, new vendors and cultivators are jostling for dispensary licenses and real estate.
Last year, Connecticut legalized recreational marijuana use, and earlier this month began accepting applications for opening adult-use cannabis dispensaries. Retail shops are already widespread in other New England states including Massachusetts and Maine, and prove to be a lucrative venture with strong potential for growth. However, CT applicants must be prepared to answer for all aspects of their business—including how they will meet stringent security requirements.
If your business relies on traditional keys to lock your facility (or anything within it, such as records or machinery), you might think that your security rests on the strength of your locks. However, the truth is that your business is only as secure as your keys are kept.
Your commercial building is probably equipped with fire extinguishers, illuminated exit lights, and a sprinkler system—but these alone are not enough to keep your staff and your customers safe in the event of a fire. An annual fire code inspection ensures that your business has the right safety equipment in place and is in compliance with the applicable fire code for commercial buildings. Learn more about why these inspections are necessary, and what to expect when the fire marshal shows up.
When it comes to bank security management, today’s financial institutions have a full plate—in addition to the vault, security is also a primary concern in the lobby, drive-up window, ATM, night drop, and parking lot, not to mention a crucial consideration for online services and records. Providing adequate protection for so many avenues can be a challenge. Luckily, a variety of solutions can streamline these needs, beginning with these three essential systems.