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Panelists hash out burgeoning cannabis risks in 4/20 Twitter chat

The chat covered a wide variety of potential pain points for the cannabis industry, from product liability and recalls to federal prohibition.

A question regarding cyber risks had already been planned in PC360′s “Emerging Risks in Cannabis” Twitter chat, but participants got to the subject before it was posted.

Addressing the topic of types of policies most in demand in the cannabis space, Ian Stewart of Wilson Elser said, “Be on the lookout for new cyber offerings soon.” Hannah Smith, editor of Insurance Coverage Law Center, jumped on that: “Yes! I was going to say, cyberthreats are increasingly affecting more and more aspects of our lives and the cannabis industry will be no exception.”

The Twitter chat panelists echoed a growing concern in the industry that cannabis businesses are blinking at cyberthreats because they view themselves as low-value targets for hackers.

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Richard Binder

Richard Binder

Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.

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