10 Apr 2017

New Tech Grows Out of Medical Marijuana Industry

The passage of legalized medical marijuana in many U.S. states gave birth to a whole new industry, which in turn gave rise to a whole new need for tech innovation. The first technological innovations to grow out of the medical marijuana industry were ones that emulated existing technology. Leafly is like a Yelp that lets users post reviews of dispensaries. Massroots is like a Facebook that lets patients meet and share their experiences with strains that work for them, not unlike Facebook. Weedmaps is like a Groupon that lets users join efforts to get great deals on medical marijuana. Weedhire is like a Monster that helps workers find employment in the medical marijuana industry. But these are just the beginning.

The need for compliance with government regulations as well as systems for effectively (and economically) managing medical marijuana businesses has led to a need breed of tech innovations. The following are some of those needed innovations, as well as examples of companies moving them forward.

Seed to Sale Tracking

Seed to sale tracking essentially tags and tracks every single legal marijuana plant from the moment it’s planted as a seed until the time it’s sold to a patient. Even when that plant is further processed into tinctures, edibles, or other marijuana products, seed to sale tracking ensures that all plants are linked to product sold to consumers, and vice-versa, all products linked to its source. That way, no product can be sold legally in that state that doesn’t come from a legal source.

Making it even more difficult for tech innovators to come up with a simple, uniform seed to sale tracking system is that there are no simple, uniform regulations across all legal medical marijuana states. In fact, the exact opposite is true: every state has different regulations requiring a different seed to sale tracking system for that state.

Franwell is a company that started out developing software for tracking fruit and berries which then adapted that software for the medical marijuana industry.

Quality Control

Laboratories are cropping up all over for testing the type and quantity of constituent active elements (or “cannabinoids”) and terpenes (or aromatic elements), and the existence of residual pesticides, chemical fertilizers, or other pathogens in cannabis. But it’s impractical for a cannabis dispensary to continually be sending out product to labs for testing.

Sage Analytics has addressed that problem by developing portable testing devices, allowing dispensaries to perform all quality control inspections in-house.

Integrated Compliance Solutions

The money changing hands in the medical marijuana industry must be managed wisely, responsibly, and above all, legally. This requires the development of banking software and services to provide integrated compliance solutions to medical marijuana businesses.

MedMen performs consulting and licensing services for cannabis companies, and sees banking and integrated compliance solutions as the fundament of the industry’s success. Another company, Amercanex, is developing a commodities exchange for cannabis. Beyond creating a trading market in marijuana futures, it also creates a technical infrastructure wherein cannabis farmers can lock in prices, creating sector stability.

Government Infrastructure Development

As alluded to in the intro to this piece, legalizing medical cannabis in a state isn’t enough. The state government then has to implement the new law through policies and regulations. For most states, this is untrodden territory.

Enter NIC, a business developed to help government regulators develop those policies and programs, and then to implement them through systematized software technologies.

In the end, it will be a contest between those innovators first to the market and those major players late to the game but with the resources to dominate to see which tech innovations take hold. One thing is for sure, however: some seed to sale tracking, quality control, integrated compliance solutions, and government infrastructure development technologies will be among them.

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23 Mar 2017

Cannabis Software Companies Help to Grow the Legal Marijuana Industry

As the legalization of cannabis for both medical and non-medical (i.e. recreational) uses continues to proliferate throughout the United States, regulators continue scrambling to establish uniform rules and guidelines. One of the sub-industries of the cannabis industry helping to make this possible is cannabis software companies. These companies develop software to handle various stages of the process from farmer to customer, or “seed to sale”. This ranges from monitoring legal plants to controlling inventory. With so many companies developing cannabis software and each state devising its own regulations individually, it’s still very much up in the air where all the chips in the legal marijuana industry will land. But if the cannabis software companies have any say in the matter, they’ll land profitably in the legal marijuana industry’s hands.

California & Colorado: A Tale of Two Legal Cannabis States

While California was an early adopter of legal medical cannabis, the state is only just getting started with legal recreational (or non-medical) cannabis. The new laws legalization cannabis for non-medical adult use that voters overwhelmingly passed in the 2016 election don’t go into effect until 2018. In the interim, state regulators are scrambling to come up with ways to track the cultivation and sale of legal cannabis in much the same way that protocols for pharmaceuticals require tight tracking and monitoring.

Colorado, by contrast, has been leading the charge in the legal adult-use cannabis area. With over $1 billion in sales, netting the state $200 million in extra tax revenues, the legal cannabis industry is proving its worth in Colorado. Part of the reason the state has been so successful in safely and profitably implementing its legal cannabis program is due to its use of cannabis software.

RFIDs, MSFT, and Other Seed-to-Sale Stories

One tool that Colorado regulators have been using to great effect is RFIDs (or Radio Frequency Identification Devices). These are tiny electronic chips that act as unique “tags” to identify each and every legal cannabis plant being cultivated in the state, all the way from seed to sale.

Other cannabis software that has been helping the industry move forward is inventory control software allowing dispensaries to track every bit of product that moves through their establishment. This type of tracking software will allow dispensaries to comply with government regulations.

Cannabis company Kind Financial produces a software product called Agrisoft that Microsoft has offered to help market to state governments. This entry into the legal cannabis space by a respected major corporation shows, maybe more than anything, how it’s not a matter of “if” cannabis legalization will succeed, but “when”.

Sessions vs. Pot

President Trump’s Attorney General, Jeff Sessions has described his view on the various benefits of marijuana as “dubious”. He has also said that he is compelled to enforce federal law regarding cannabis, even where it contradicts state law. His boss, Mr. Trump, however, has expressed an acceptance of state medical cannabis laws, suggesting that only the non-medical cannabis industry is at risk under this administration.

Taking action against the cannabis movement could conflict with voter resolve and clear evidence of state fiscal benefits, like in Colorado. And Mr. Trump is for nothing if not improving the economy. So many in the cannabis movement are cautiously optimistic that at least the medical part of the industry is safe moving forward. As for the recreational part, it’s wait and see.

Cannabis Software Concerns

Concerns about how companies like Microsoft are planning to use the software they market, such as by providing it only to governments and not to private cannabis companies are still on the radar. And a recent software failure in Nevada, where state-licensed software provider MJFreeway exposed 1,000 business across 23 states to outages and data loss also raises concern.

California is now beginning the process of accepting and reviewing bids from various cannabis software companies offering to help the state track and monitor all legal cannabis from seed to sale. There are many players in this market, which will ultimately advantage the state, its residents, and the cannabis industry at large.

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10 Mar 2017

Dr. GreenSoft, New Cloud-Based Medical Cannabis Software for Physicians, Launches in the U.S. Market

Dr. GreenSoft is specifically for doctors and other cannabis industry professionals who offer medical marijuana to their patients and who are looking for an industry specific, convenient solution to medical marijuana patient recommendations and verification, managing patients, marketing, and more.

Medical marijuana is now legal in 28 states plus Washington, D.C. As more and more states get on board (with many more expected to get on board in the future!), more and more doctors are beginning to learn about medical marijuana and the incredible and life-changing benefits that it can offer their patients. Wouldn’t it be nice if there was one system that took advantage of today’s technology to make the transition easier—one product that offered a multitude of tools and benefits to help streamline the task of offering medical cannabis services to patients? Thankfully, there’s now a new and excellent solution to all these issues!

Dr. GreenSoft is a brand-new, state-of-the-art online software for physicians who offer medical marijuana to their patients. All in one easy-to-use software, physicians can verify their patients, manage their patients’ files, create appointments, send appointment alerts to patients’ phones and computers, keep track of employee payroll, manage the marketing aspect of their practice, and more! Plus, it’s cloud based for great availability and convenience, and it is fully compliant with all federal and state regulations for the privacy and security of patient records.

Areas and Regions where Dr. Greensoft is Available to Medical Marijuana Practitioners:

  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Hawaii
  • Illinois
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Montana
  • New Hampshire
  • Nevada
  • New Jersey
  • New Mexico
  • New York
  • North Dakota
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Vermont
  • Washington
  • Washington, D.C.

 

We fully understand the different laws and regulations that govern marijuana in each of these states and regions, and our software is customizable to the different laws in each place. We take rules seriously and we want to provide nothing but convenience for each medical practitioner who uses our software.

As more states create regulations that allow for the use of medical cannabis, our software will become available in even more locations. We plan to evolve along with the cannabis industry, and we believe it has a bright future! We’re excited to be a part of this exciting, constantly-growing industry. We’re happy to offer a software that will increase doctors’ productivity and help them gain exposure and attract new patients, allowing them to help many more patients to manage their pain and symptoms and a gain better quality of life. We are well acquainted with many doctors, so we that understand that it’s hard trying to help patients and also run a business. That’s why Dr. GreenSoft offers fantastic tools to make it all easier for you.

If you’re not sure whether Dr. GreenSoft will work for you, feel free to contact us and we will set you up with a free trial to help you explore the software and its features, 100% free of charge and risk free!

 

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