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No longer operating in the margins, the highly profitable, and highly regulated, legalized cannabis industry has ably, as well as nimbly, pushed its sales through to mainstream business. Total legal sales of cannabis in the U.S. are projected by some industry researchers to grow by a double-digit compound annual growth rate of 14% and have forecast revenues to reach an estimated $30 billion by 2025. But the outlook cannot be all roses. The business of legalized cannabis has cybersecurity and data privacy challenges unlike those confronting other industries. Legalized cannabis maintains stores of personalized data and information, which by its very nature requires regulatory compliance with cybersecurity and data privacy laws. There is, however, a layer of complexity for the cannabis industry because of data collection and mandatory retention requirements.

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