Anthony Phillips’ Quote Ranks Among Marijuana Venture Magazine’s “Most Important Pieces of Advice” in Cannabis Industry

December 2019

San Francisco Senior Counsel Anthony Phillips' quote was included in Marijuana Venture magazine’s list of “2019 Words of Wisdom” which lists 99 of the most important pieces of advice published in the magazine throughout the year. The quote was taken from Phillips' article originally published in the magazine's August issue entitled, "Who Watches The Watchmen? Traceability compliance can overwhelm many businesses."

In the article, Phillips sheds light on the risk factors and data security surrounding the cannabis industry. His recognized quote emphasizes the extreme risk of cybersecurity threats to the cannabis industry: “Cybersecurity threats loom large and menacing, as they do over all modern business. Yet in the cannabis industry, states’ insatiable appetite for collecting all available data in third-party systems poses additional risks.”

Phillips is Senior Counsel in the San Francisco office of Gordon & Rees practing in the firm's Commercial Litigation and Entertainment & Recreation Law practice groups. Since 2016, his practice has focused increasingly on representing early-stage cannabis ventures and established mainstream businesses entering the rapidly evolving legal cannabis environment. He provides business advice, transactional support for investment deals, and litigation counsel to the industry.