Octillo’s CannaPrivacy practice works with regulated Cannabis processors, distributors, investors and vendors in matters related to Cannabis tech, data security, incident response and privacy. Cannabis is a tech heavy industry requiring specific experience in tech and data privacy matters, and the speed of industry growth leaves little room for error. Octillo has significant experience in this industry and with the tech and data issues those in the industry face.
Attorneys in Octillo’s CannaPrivacy practice advise clients on federal, state and local laws relevant to data security and privacy in the Cannabis industry, including applicability of the Health Insurance Portability and Accountability Act (HIPAA)/HITECH, security and privacy laws, the Bank Secrecy Act, anti-money laundering (AML) statutes, and other related regulations. Dan Greene, CIPP/US, CIPP/E, leads the Octillo CannaPrivacy practice to work with Cannabis industry clients to develop strategies to help keep user and business sensitive information secure and practices compliant with state, federal and International standards. We make use of legislative and news trackers as well as professional meetings to stay on top of our clients’ needs in this space.
Octillo advises clients on risk assessments and security standards, take-down actions against spoofed websites, third-party vendor management, website and online purchasing activities, information security questionnaires, policies and procedures, and other internal governance policies. Our experience in other highly regulated sectors informs our approach to conducting data security and privacy due diligence for mergers and acquisition of Cannabis companies.
We utilize our incident response experience on behalf of Cannabis industry clients to create sound and practical incident response plans. The Octillo team’s focus on technology, security and regulatory compliance allows us to implement the most informed preventative and responsive measures to handle threats and opportunities in this emerging area.
Octillo’s unique capabilities to assist with Cannabis matters are in part because our attorneys are Certified Information Privacy Professionals, United States (CIPP/US) and Certified Information Privacy Professionals, Europe (CIPP/E), giving them a unique perspective in providing legal advice. Also, Octillo attorneys include seasoned health law attorneys, former regulators, and tech business owners with first-hand experience in highly regulated and fast growing markets.
Octillo focuses on the tech and privacy side of Cannabis so companies can grow smarter and more secure companies. We work closely with IT teams, general counsel and executive leadership to accomplish these results.