Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Consumer Privacy Blackboard/Shutterstock.com

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?


General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information

General Counsel Conference 2020Event

General Counsel Conference addresses trends in regulatory, data protection, tech management, legal operations, and leadership.

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.