Cannabis Data Privacy Issues To Watch In 2021

Data privacy is a growing concern for the expanding medical and recreational cannabis industry, but businesses too frequently fail to treat it as a significant risk and management priority, say Foley Hoag attorneys Chris Hart and Jeremy Meisinger. They examine legal considerations around data privacy and security in cannabis transactions.

As the medical and adult use cannabis industry in the U.S. and Canada continues to mature, we expect to see continued investing, lending, and acquisitions activity through 2021and beyond, as additional states continue to legalize cannabis for medical or adult use.

Legal practitioners in these areas must be sensitive to the fact that, unlike many established highly regulated industries such as health care, the cannabis industry is still finding its footing in dealing with an evolving regulatory landscape.