The Medicinal Marijuana industry is booming in Oklahoma. The state has issued more than 6,500 business licenses¹. This is due to the barriers to entry for cannabis entrepreneurs being much lower compared to other states. One common barrier to entry for any entrepreneur is the initial cost of security implementation.

Oklahoman legislators were vague in their description for physical security requirements:

This may seem preferable to a business owner, but the opposite may be true. Without guidance in regards to security implementation, a business may face unexpected costs down the line:

1. If the regulatory agency (Oklahoma Medicinal Marijuana Authority, in this case) does not approve a proposed security plan within an application, the applicant will need to revise and supplement the plan.  This will affect deadlines and possible construction timelines.
2. When cannabis is eventually legalized at the federal level, stricter regulations will be established. A business would incur profit losses from closure to modify the building to meet these standards as well as the cost of the security products themselves.
3. In the worst-case scenario, criminals have assailed your business. They were able to obtain product, cash, and in the process have seriously injured your employees and/or customers. Not only did you accumulate loss immediately due to the stolen product and money, but there are additional costs:
   • Lost income from closing business for repairs/investigation
   • Fines imposed (if state-mandated guidelines were not employed)
   • Implementation of additional safeguards to prevent reoccurrence
   • Civil lawsuits incurred due to the injury of employees & customers

How’s the health & well-being of your operational protocols to deter diversion?

At KL Security, we have a proven track record for compliance with state laws and security requirements. Utilizing the Total Harvest Coverage methodology for security plans as well as cannabis business operation improvements, we have successful projects in facilities in multiple states, helping leaders in the cannabis industry drive revenue and stay compliant with state laws.

Information has been gathered from sources deemed reliable but not guaranteed and is subject to change without notice.

Legal information obtained from: http://omma.ok.gov/

1. Dishman, David. (2019, August 11). Oklahoma’s young marijuana industry’s growth exceeds expectations. The Oklahoman. Retrieved from: https://oklahoman.com/article/5638256/oklahomas-young-marijuana-industrys-growth-exceeds-expectations