Already in 2020, the cannabis industry has been the subject of several high-profile incidents:

• A reported dispensary point-of-sale system hack that potentially exposed the data of 30,000 people;
• The US Securities and Exchange Commission charging two men who allegedly used a fake cannabis company as a front for a Ponzi scheme;
• And the conviction of a former Colorado cannabis entrepreneur in one of the state’s largest fraud cases.

Experts caution cannabis companies to shore up their security practices and for consumers to be mindful of opportunities that seem too good to be true.

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