While many security companies were turning away cannabis companies, Noah Stokes wanted to signal that he was open for business in the sector so he created a second company, Cannaguard Security, to serve the legal marijuana industry. Starting with those early inquiries in 2012, Stokes’ company has now installed more than 100 security systems that have been inspected and approved by state regulators. His revenues have doubled in the last twelve months and he employs twelve people.
Meeting the needs of cannabis companies involves more than video surveillance and armored cars. Laws specify a range of requirements including how many days of video surveillance need to be stored, how long items have to be in a “quarantine area” before they are shipped off the premises, which areas of the business must be videotaped at all times, etc.
Read Julie Weed’s “The ADT Of Cannabusiness: This Startup’s Helping Pot Shops Stash Their Cash”: http://www.forbes.com/sites/julieweed/2015/11/11/the-adt-of-cannabusiness-this-startups-helping-pot-shops-stash-their-cash/