According to a report issued last week, tens of thousands of cannabis dispensary customers’ personal data has been exposed following a data breach of a sales system that at least three (and likely more) cannabis dispensaries may have used to manage their sales to customers. Our recent client alert highlights the increasing threat that cyber crime poses to the cannabis industry.

As always, it is important to consult with attorneys who concentrate on and are knowledgeable in this area. Reed Smith Insurance Recovery Group attorneys have been at the forefront of this issue, negotiating the placement and renewal of cyberliability insurance coverage and minimizing, or eliminating, any potential coverage gaps for large and small companies.