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One case led to a $100,000 loss

US (MI): Cannabis regulators warn licensee over scammers

Cannabis regulators in Michigan are warning stakeholders in the state’s medical and recreational cannabis industries to remain vigilant and be wary of suspicious, potentially costly activity.

The Marijuana Regulatory Agency issued guidance Thursday alerting licensees, such as cannabis growers, producers and dispensaries, to incidents of fraud or attempted fraud brought to its attention.

In some cases, MRA said that someone pretending to be the owner or manager of a cannabis business would call or text one or several of its employees and request they send back specific photos.

“Licensees were contacted about an upcoming MRA inspection but this contact was not done by MRA staff,” the regulatory agency explained in the guidance. “The contacting individual requested photos of the alarm system, fire extinguishers, fire alarms, cannabis` product, tracking numbers and exit doors,” potentially allowing would-be robbers to remotely conduct reconnaissance.

Read more at washingtontimes.com