National Association of Cannabis Businesses Adopts National Security Standards
Standards are first to address diversion of cash, product by employees, visitors and customers
NEW YORK, NY (Oct 11, 2019) – The NACB is proud to announce the adoption of its National Standards on Security. In the cannabis industry, the vast majority of cash and product diversion is caused by internal actors. Though state regulations have comprehensive technical requirements for video and alarm systems, they lack strong requirements for policies and procedures that limit attempts by employees, visitors and customers to divert product or cash as well as those that try to surpass legal purchase limitations (otherwise known as looping). The NACB Security Standards are designed to protect consumers and demonstrate to regulators and the public that NACB members operate at the highest levels of ethics and responsibility, especially when it comes to the safety and quality of their products.
This is the fourth set of National Standards adopted by the NACB, adding to standards relating to Advertising, Packaging and Labeling and Product Integrity. To create each set of standards, the NACB takes input from their members along with government and subject matter experts, in addition to referring to other highly regulated industries. Once drafted and approved by members, the NACB receives feedback that is discussed and considered. After that, the Standard may be revised and finally voted on and adopted by NACB members.
The National Standards on Security are available here. They include:
- Employee and Visitor Access Control
- Customer Access Control
- Cash Management
- Looping (attempting to exceed legal purchase limitations) and Loitering
More information about the NACB and an application for membership are available at www.NACB.com.
Disclaimer: The NACB National Standards are voluntary. While non-compliance can result in expulsion from the NACB or other consequences, the NACB does not actively monitor its members’ compliance with each standard.
About the National Association of Cannabis Businesses (NACB): The National Association of Cannabis Businesses (NACB) is the industry’s first and only self-regulatory organization, whose mission is to support the compliance, transparency and growth of legal cannabis businesses in the U.S.
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