A Lift to the Cannabis Industry

Author: Compass Tactical Team

Globally, cannabis is proving to be an emerging market, and South Africa has the potential to play a significant role.

From 2022 to 2030, the global legal marijuana market is expected to grow at a compound annual growth rate of 25.5%. The South African cannabis / CBD market is forecast to grow at a CAGR of 28.4 per cent, reaching ZAR 403.6 million by 2026. Demand for legal marijuana has been a major contributor to the market's growth.

On average, there is a cash in transit robbery every day somewhere in South Africa, and most of these are for under a million rand. The value of goods they intend to move at any given time is staggering. There is still a black market for cannabis in South Africa, and goods can easily be absorbed and become untraceable. So, if they are robbing a large truckload or coming onto site, which is our biggest concern, and stealing tons of medical cannabis for export, they can sell it for a fraction of the price and still make a lot of money.

Security is paramount. One needs to consider all factors. We provide solutions and would only recommend this service where it is viable.

Clients who are not yet ready for this level of service are still welcome to contact us. We will visit their premises and make recommendations as to what they need in terms of security. Generally, this is a phased approach. Harvesting time proposes the most significant risk, and this is when more comprehensive measures need to be implemented. Drawing from current clients, the cost of security is minimal, and the first yield covers the security costs annually.

Compass Tactical pride itself on communication, integrity, and service excellence.

For more information contact Compass Tactical at:
+27 (0)78 139 2815
info@compassza.com