What can you do to make sure you’re poised for success in this unpredictable, highly competitive industry? Here are four tried-and-true practices that you can apply to your dispensary in any state.
Tag Archives: Software
DENVER, Aug. 3, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT) is pleased to announce that the point-of-sale and compliance software platform it is acquiring and is expected to fully close on August 5, 2017, previously known as Odava, has been re-branded as MassRoots Retail.
DENVER, July 17, 2017 /Weed Wire/ — Ubiquitech Software Corp. (OTC PINK: UBQU), through its operating subsidiary HempLifeToday.com, today announced its second quarter 2017 financial results.
DENVER, July 14, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT) is pleased to announce it has closed the acquisition of Odava, Inc., a leading compliance and point-of-sale system for the cannabis industry, for cash and common stock consideration, as fully detailed in our Current Report on Form 8-K filing, dated July 14, 2017.
DENVER, July 6, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB: MSRT) and Odava, Inc., a leading regulatory compliance platform for the cannabis industry, have executed a Definitive Agreement for MassRoots to acquire Odava for cash and shares of MassRoots’ common stock.
In this Cal Can Biz interview, watch Caroline Cahill, Managing Editor of http://www.MJINews.com and Marijuana Industry News magazine, interview Mara Gordon, founder of Aunt Zelda’s.
On May 31, 2017, the Washington State Liquor and Cannabis Board announced that it had chosen Franwell as the Apparent Successful Vendor to replace BiotrackTHC, the state’s current marijuana traceability contractor. With Franwell scoring the highest out of the seven bids submitted, the state will now proceed by negotiating the contract with the company.
OLYMPIA, Wash., May 31, 2017 /Weed Wire/ — The Washington State Liquor and Cannabis Board (WSLCB) today announced its selection of technology company Franwell as the Apparent Successful Vendor (ASV) to replace the existing seed-to-sale traceability system in Washington State.
LAS VEGAS, March 27, 2017 /Weed Wire/ — MariBiz (http://maribiz.com/), the mobile-first platform for canna-businesses that wants to turn #Green2Gold, made big noise at the California Cannabis Business Expo in San Diego — and the investment community is taking notice.
STAMFORD, Conn., March 23, 2017 /Weed Wire/ — Cannabis Benchmarks®, a division of New Leaf Data Services, LLC, and Guardian Data Systems, a leading ERP and POS solution provider, have announced a partnership to bring real-time transaction and cost data to cannabis businesses.
These filings cover everything from proprietary hybrid strains of cannabis, to “clean and efficient growing systems, software-based analytics and monitoring, and packaging and distribution infrastructure.”
SAN JOSE, Calif., Dec. 5, 2016 /Weed Wire/ — Green Bits, the painless point-of-sale (POS) for cannabis retailers and dispensaries, has partnered with Leafly, the world’s largest cannabis information resource, to provide legal cannabis business owners an easier way to provide patients and consumers up-to-date menu information to help them choose the right product.
FT. LAUDERDALE, Fla., Nov. 28, 2016 /Weed Wire/ — The Hawaii State Department of Health has signed a contract with BioTrackTHC™, formally authorizing the company to begin work on the development and deployment of the BioTrackTHC™ integrated tracking and traceability software system for the state’s Medical Marijuana Dispensary Licensing Program.
DENVER, Oct. 14, 2016 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT), one of the largest technology platforms for the cannabis industry, is pleased to announce it has recruited principal engineers from some of the world’s leading technology companies to accelerate the roll-out of several planned features.
SEATTLE, Wash., Aug.24, 2016 /Weed Wire/ — The Oregon Liquor Control Commission (OLCC) has approved WeedTraQR, industry-leading cannabis seed-to-sale tracking software, as a validated software provider for Oregon’s recreational marijuana program.
Redmond’s partnership with ‘seed-to-sales’ software purveyor Kind is bound to bring more legitimacy to an already-thriving business.
FT. LAUDERDALE, Fla., Aug. 10, 2016 /Weed Wire/ — BioTrackTHC™, a leading provider of seed-to-sale cannabis traceability technology received the highest overall score in the competitive procurement to earn Puerto Rico’s cannabis seed-to-sale software government contract.
DENVER, Aug. 5, 2016 /Weed Wire/ — Baker, the leading customer engagement software company for marijuana dispensaries and edibles brands, today announced $1.6 million in seed funding to accelerate its rapid growth.
So many people get tripped up or freaked out about the idea of investing in the cannabis industry, as if it is somehow a foreign concept, when in actuality many of the investment opportunities in the cannabis space have an interesting and financially sound platforms to their business models.
On June 24, 2016, Maryland’s Department of Information Technology issued a Request for Proposals for a medical cannabis seed-to-sale tracking system on behalf of the Natalie M. LaPrade Maryland Medical Cannabis Commission.
As state after state has legalized marijuana in one way or another, big names in corporate America have stayed away entirely. Marijuana, after all, is still illegal, according to the federal government.
PORTLAND, Ore., June 15, 2016 /Weed Wire/ — The Oregon Liquor Control Commission (OLCC) and Metrc™ have approved four software solution providers whose products are compatible for integration with the Oregon Recreational Marijuana Program Cannabis Tracking System (CTS).
On Jan. 12, 2016, Tradiv, an emerging online cannabis wholesale marketplace, announced that Todd Palmieri would succeed founder Aeron Sullivan as Chief Executive Officer and serve on the company’s board.
BONSALL, Calif., Dec. 21, 2015 /Weed Wire/ — MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company”) (OTC: MCOA), a cannabis marketing and distribution company, is pleased to announce that it has partnered with ApogeeINVENT (“Apogee”) for the development of its marketing and software applications.
With a $25,000 investment minimum, a total of 13 purchasers helped MJ Freeway close its $8 million round of Series B financing. On Dec. 21, the company officially announced the raise, identifying Roger McNamee and Tao Capital Partners as investors.
DENVER, Dec. 21, 2015 /Weed Wire/ — MJ Freeway, the leader in software solutions and services for legal cannabis businesses, today announced $8 million in Series B financing. Investors in the round include Roger McNamee and Tao Capital Partners.
PORTLAND, Ore., Dec. 15, 2015 /Weed Wire/ — The OLCC will release the final Application Programming Interface (API) criteria for the State of Oregon’s Recreational Marijuana License Cannabis Tracking System on Thursday, December 17, 2015 at 11:30 a.m. at OLCC Headquarters at 9079 SE McLoughlin Blvd, Portland, OR 97222.
Intuit, the maker of widely used small business software and accounting services, has increasingly been drawn to the fore of the banking discussion as legitimate marijuana businesses, often still without a bank account, attempt to track expenses.
DENVER, Nov. 12, 2015 /PRNewswire/ — Denver Consulting Group and CannaScore jointly announced today that the companies have entered into a comprehensive sponsorship agreement with Women Grow.
DENVER, Oct. 12, 2015 /Weed Wire/ — Jessica Billingsley, Co-Founder and COO of MJ Freeway Business Solutions, a Denver-based woman-owned software company and the market leading provider of marijuana business software including point of sale, inventory tracking, manufacturing, and cultivation management, will be the first woman ever from the cannabis industry to accept the prestigious 2015 Fortune Most Promising Women Entrepreneur Award.
DENVER, Oct. 7, 2015 /Weed Wire/ — CannaScore (www.canna-score.com), the developers of the world’s first real-time compliance software for the marijuana industry, announced that its patented cannabis compliance auditing system is now available.
Green Bits, the San Francisco TechCrunch Disrupt first runner up, brings point-of-sale software services to the world of legal retail marijuana.
MJ Freeway is no longer exclusively drawing comparisons to other cannabis companies. After growing at a rate of 205% over the past three years, the company was listed among companies such as Microsoft, GoPro, and Yelp, on the 2015 Inc. 5000.
As of early August, CanopyBoulder Spring Class companies have raised nearly $3 million in seed financing, and more is on the way. But don’t think that raising money or investing money is easy—it is not.
DENVER, Aug. 18, 2015 /Weed Wire/ — Since 2010 MJ Freeway’s founders Amy Poinsett and Jessica Billingsley have created the leading software POS solutions company to run successful and compliant cannabis businesses in the nation.
DENVER, Aug. 14, 2015 /Weed Wire/ — MJ Freeway®, the industry-leading cannabis business software platform, and Jane℠, the premier cash management solution for marijuana retailers, announced a strategic partnership to transform the customer purchase experience with the seamless integration of each company’s distinct platform strengths.
CHICAGO, July 7, 2015 /Weed Wire/ – HerbFront Inc. is pleased to announce a new subscription-based model that will provide users with unlimited listings and searches on the only real estate platform exclusive to the cannabis industry.
LOS ANGELES, June 25, 2015 /PRNewswire/ — Kind Financial, the leading financial solutions company to the cannabis industry, today acquired the assets of Agrisoft Development Group, a seed-to-sale compliance software company.
DENVER, June 2, 2015 /PRNewswire/ — Flowhub, a next generation seed-to-sale platform for the cannabis industry, is pleased to announce it has closed a seed round led by Poseidon Asset Management, as well as a private placement by MassRoots (MSRT); a total of $500,000 was raised.
When banks close the accounts of legal marijuana businesses, they frequently cite the prohibitive cost of following Department of Justice and Financial Crimes Enforcement Network guidance about complying with the Bank Secrecy Act.
FORT LAUDERDALE, Fla., April 22, 2015 /Weed Wire/ — The New Mexico Department of Health’s Medical Cannabis Program has awarded BioTrackTHC™, a division of Bio-Tech Medical Software, Inc., a contract for the provision and deployment of an integrated patient and provider tracking software application.
FORT LAUDERDALE, Fla., April 22, 2015 /Weed Wire/ — BioTrackTHC™, the leading provider of seed-to-sale software solutions for medical and retail marijuana businesses and state governments, today announced that it has retained Cannabis Global Initiative (CGI) to expand the reach of BioTrackTHC’s cannabis tracking technology to new domestic and international regions.
Today we’ll be looking under the hood of two more companies, but before we do it’s worth spending a moment to take note of how the cannabis industry could be massively reframed as a result of recent news out of Washington, D.C.
Sometimes it isn’t easy to occupy a “niche” in the business world. The niche doesn’t present itself for occupation, it has to be found, or created, by the ingenious.
FORT LAUDERDALE, Fla., February 24, 2015 / Weed Wire/ — BioTrackTHC™, the leading provider of seed-to-sale software solutions for medical and retail marijuana businesses, launched BioTrackTHC University, an intensive certification training program for the company’s marijuana tracking systems.
TRiQ is a crop cultivation systems integrator, process software developer, and cannabis production solutions provider.
What all dispensaries have in common, at least what they’re supposed to have in common, is that they have to play by the rules of bureaucracy.
Supply chain solutions are vital to the success of small growers and producers as well as down-stream enterprises in the modern U.S. cannabis industry.
(New York, N.Y., December 18, 2014) – BioTrackTHC™, the leading provider of compliance, tracking and inventory management software for the legal cannabis industry, announced that it has engaged Viridian Capital Group, and its broker dealer Pickwick Capital Partners, as financial and strategic advisors.
Despite wishful thinking, running a marijuana dispensary is not as simple as opening the doors and waiting for the money to come flowing in.