Why it matters: Attacks on cannabis dispensaries in the Los Angeles area are becoming more brazen and violent, raising concerns for the safety of retail workers and the survival of businesses.
What they are saying: Recent incidents include carjackings, smash-and-grab robberies, and the use of power tools to break into dispensaries. Dispensary owners express the difficulty of recovering from these incidents and the devastating blow it is to their businesses. In response to the growing issue, lawmakers in Washington have approved legislation imposing harsher penalties for robbing cannabis retailers.
The big picture: The increase in brazen crimes against dispensaries in the Los Angeles area highlights the vulnerability of these businesses and the need for enhanced security measures. It also raises questions about the effectiveness of regulations and licensing in the cannabis industry.
What to watch: It will be important to monitor the response from local authorities and law enforcement in addressing these crimes. Dispensaries may need to explore stronger security measures and consider collaborating with local law enforcement to minimize the risk of such incidents.
My take: The escalating attacks on dispensaries in the Los Angeles area are concerning and highlight the need for better security protocols and protections for these businesses. It also underscores the importance of establishing a strong regulatory framework to ensure the safety and sustainability of the legal cannabis industry.