Counterfeiting is a high-margin $654 billion growth industry largely run by criminal organizations that have few disincentives to stop. Anti-counterfeiting laws and punishment are non-existent in many jurisdictions, leaving the responsibility of abating the flow of fakes to enterprises. Legacy anti-counterfeiting technologies, such as barcodes and holograms, can be duplicated. However, a new generation of technologies are already in the field or about to be unleashed upon the counterfeiters. We detail some of the more interesting technologies in this report and highlight several companies participating in the market including a Sophic Capital client Nanotech Security (NTS-TSXV).

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