Compliance First Strategy
State Cannabis Regulators: Discover how LynkRate can streamline compliance monitoring and enhance public safety. Schedule a consultation today.
Current State of Cannabis
Security Risks
- Dispensaries become targets for theft and robbery
- Staff safety is compromised when handling large cash volumes
- Transportation of cash requires expensive security measures
Compliance Challenges
- Cash transactions are difficult to audit and verify
- Increased risk of money laundering and financial crimes
- Limited transparency for regulatory oversight
Operational Inefficiencies
Operational Inefficiencies
- Time-consuming cash counting and reconciliation
- Higher error rates in manual cash handling
- Increased administrative burden for record-keeping