In this episode of Retail Corner, listen to Tony Gallo, Managing Partner for Sapphire Risk Advisory Group, which is considered one of the Top Security Firms in the cannabis industry. Tony, who has been recognized by High Times Magazine’s 100 Most Influential Cannabis People, provides insights on the importance of focusing on the bottom line in a high-risk retail business. You will listen to our host talking with Tony on the following points:
- What is the high-risk retail industry and what is the difference from general retail? – What is the biggest area of loss seen in the high-risk retail industry i.e.; Robberies, break-ins, internal theft?
- Growth Mindset — Within one of the fastest growing sectors (cannabis) what does a growth mindset look like? Is it better to be the tortoise or the hare?
- Finding partnerships — Partnerships are key in the current environment… What successes have you seen in smaller retailers partnering?
About our guest Tony Gallo:
Considered the “OG of Cannabis Security”, Tony has been in the cannabis industry since 2013 and has worked with over 600 cannabis clients in 35 States and Canada designing their security program from application to operations. Tony has spoken at over 100 cannabis business conferences across the United States and is considered one of the leading security authorities in the State/City application license process, physical security build-outs, and standard security operating procedures. He is regarded as a leader in high-risk security program design and has helped open more than 1,000 high-risk businesses in the United States, Canada, and Mexico.
For over 30 years, he has been a Senior Executive, possessing both strategic and tactical security experience in the multi-unit retail industry with such companies as Sears, Federated Department Stores and EZCorp. Tony received his Bachelor of Science degree in Criminal Justice from New Jersey City University in Jersey City, NJ, and is a published author on high-risk security and safety planning.
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Host: Carlos Diaz
Producer: Sachin Kumar Bhate
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