With the burgeoning new marijuana industry in Massachusetts, many people have a lot of misconceptions about how a retail dispensary is run, and what they are able to do. One misconception is that its a cash business. Because of the fact that marijuana is NOT legalized on the federal level, it is true that federally chartered banks do not offer services to marijuana businesses. That doesn't mean that state chartered banks cannot, or will not do it. Please call us for a referral to one of our banking partners if you're looking for banking and credit/debit processing services. Anyway, because of the misconception that local retail dispensaries are cash-only businesses, there is the heightened possibility that some may try to steal all of the perceived cash on hand. In other states marijuana dispensaries are increasingly becoming targets for armed robberies. In this post, we'll try to explain how to keep your dispensary safe during a robbery. How you handle yourself while on the job can help reduce the chance for an incident. Even more importantly, how you handle yourself during a hold-up situation can prevent injury or death. Building a Safe Atmosphere Since you need to be 21 and show ID to purchase medical marijuana, those without an ID should never be allowed into any area where products are displayed or transactions occur. Aggressively regulating entry can help reduce opportunity. This is required by the Cannabis Control Commission and is a key part of every dispensary's approved security plan. Hold-ups and How To Keep Your Dispensary Safe During a Robbery Even when employees take all the proper precautions, there is still chance for a robbery. If such a robbery occurs while you are at work, remember the following tips:
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