The medicinal cannabis industry needs to get serious about security!
With criminals now viewing medicinal cannabis as the new “quick cash”, Barrington Group Australia’s Director of Risk and Compliance Glenn Lynch warns that the potential value of the product on the street, coupled with a lack of experience in storing schedule 8 medicines, makes the industry uniquely vulnerable to organised crime.
Glenn highlights that for an industry still fighting stigma, poor security could damage its reputation with regulators.
Businesses can take several practical steps to mitigate risks, such as conducting a comprehensive risk assessment with an independent security consultant who understands both operations and regulatory requirements. Key strategies include thoughtful project design, setting clear standards, ensuring independent certification, employing crime prevention through environmental design, and performing through personal vetting and regular security reviews.
To read more, please visit https://www.cannabiz.com.au/industry-warned-it-risks-a-crimewave-unless-it-gets-serious-about-security/
Explore our Corporate Risk and Security services by visiting: https://bit.ly/barringtons-corporate-risk