Issue link: https://resources.genetec.com/i/1199700
How the cannabis industry is evolving Rapid expansion affects security The industry is forecasted to grow at an annual rate of over 26% over the next 3 years* as a result of the increasing demand for cannabis. Cultivators are looking to expand geographically and diversify their offerings to serve more markets. These trends translate to massive expansion as well as new mergers and acquisitions. How do you centralize your security environment as you inherit legacy security systems that were never really meant to work together? Evolving regulations As cannabis becomes increasingly accepted by governments, complicated regulations will continue to dictate how your product is produced and distributed. This means that cannabis organizations must stay on top of constantly evolving regulations to remain compliant and avoid product recalls, fines, or ceased operations. The complicated nature of the regulatory landscape in the cannabis industry is putting stress on cultivators and retailers. So how do you ensure that your operations are always compliant while also simplifying audit reports? Growing focus toward data privacy As a cannabis cultivator and retailer, you are sitting on a network of private data like patient and customer information. Your customers want to know that their data is protected and secure. Your security system may contain plenty of sensitive information— so how are you ensuring your data is secured? With daily security breaches in the news, you need a comprehensive data security strategy. Does your data protection plan span across your entire security environment?