DENVER, Feb. 27, 2018 /Weed Wire/ — Simplifya, the developer of the nation’s leading cannabis industry compliance software, announced Thursday it has closed a $3 million Series B round of funding. It was led by a $1 million investment from Merida Capital Partners, a private equity fund that targets fundamental growth drivers underpinning the rapid development of the cannabis industry.
Tag Archives: Software
How a Cannabis Tech Platform Will Make Things Easier for Marijuana Dispensaries
A slew of cannabis software services has cropped up with the advent of marijuana legalization, from point-of-sale systems to advertising networks to product-review platforms. As businesses angle for a piece of the cannabis-tech pie, retailers have a lot of options to choose from.
New Frontier Data Partners with Simplifya
WASHINGTON, Nov. 13, 2017 /Weed Wire/ — New Frontier Data, the leading provider of data, analytics and business intelligence in the cannabis industry, has partnered with Simplifya, a recently launched cannabis legal compliance software solution provider, offering one of the most technologically sophisticated platforms to enter the industry yet.
Washington State Tracking Software Going Up in Smoke
It looks like the highly talked about seed-to-sale tracking system for marijuana businesses in Washington state is going up in smoke.
Selection of BioTrackTHC for Arkansas’ Seed-to-Sale Tracking Software Anticipated by Arkansas Cannabis Industry Assocation
LITTLE ROCK, Ark., Oct. 12, 2017 /Weed Wire/ – The Arkansas Cannabis Industry Association anticipates the adoption of BioTrackTHC’s seed-to-sale tracking software for Arkansas’ legal cannabis industry to be announced within 11 days.
4 Ways to Position Your Dispensary for Success
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.
MassRoots Focuses Business Model on Compliance Software for the Regulated Cannabis Industry
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.
Ubiquitech Second Quarter 2017 Revenues Increase 56% From the Previous Year, Net Income Increases In Excess of 75%
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.
MassRoots Closes Acquisition of Odava, a Leading Compliance Technology Platform
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.
MassRoots Acquires Odava, a Leading Compliance Platform for the Cannabis Industry
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.
Cal Can Biz Interview: Aunt Zelda’s Mara Gordon
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.
Marijuana Traceability: Washington Eyes METRC to Replace BioTrackTHC
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.
Franwell Selected as Apparent Successful Vendor for Marijuana Traceability Replacement
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.
MariBiz Garners Enthusiastic Response at California Cannabis Business Expo for Its Unique, Innovative, Mobile-First Platform for Canna-Business Owners
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.
Cannabis Benchmarks® and Guardian Data Systems Partner To Provide Cannabis Businesses Real-Time Pricing and Transaction Data for Better Inventory Management
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.
Marijuana’s Patent Spree Puts the ‘High’ In High Tech
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.”
Green Bits and Leafly Partner to Help Cannabis Business Owners Provide Better Information to Patients and Consumers
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.
Hawaii Department of Health Contracts with BioTrackTHC™ to Implement Medical Marijuana Seed-to-Sale Tracking and Traceability System
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.
MassRoots Recruits Engineering Talent from Autodesk, Salesforce and Cisco; to Host Facebook Live Q&A from New West Summit Today
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.
WeedTraQR Seed-to-Sale Software Certified for Use in Oregon
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.
Why Microsoft Wants in on the Marijuana Business and Why the DEA Won’t Stop It
Redmond’s partnership with ‘seed-to-sales’ software purveyor Kind is bound to bring more legitimacy to an already-thriving business.
BioTrackTHC™ Earns Highest Overall Score For Puerto Rico’s Cannabis Seed-to-Sale Software Contract
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.
Baker Secures $1.6M to Change the Landscape of Cannabis Retail
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.
Tips for Investing in Cannabis
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.
Maryland Issues RFP for Medical Cannabis Seed-To-Sale Tracking
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.
The First Big Company to Say It’s Serving the Legal Marijuana Trade? Microsoft.
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.
OLCC Approves Cannabis Tracking System 3rd Party Software Providers
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).
Growth Prompts Tradiv to Hire Todd Palmieri as New CEO
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.
MCOA Selects ApogeeINVENT as its Marketing and Applications Development Partner
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.
Equity Investment Positions MJ Freeway for Growth
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.
Cannabis Software & Services Leader MJ Freeway Closes $8 Million in Series B Funding
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.
OLCC to Release API Criteria for POS, Inventory Systems
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 Backs Down: Quickbooks Maker Allows Marijuana Firm to Reconnect Account
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 Consulting Group and CannaScore Become Cornerstone Leader Members of Women Grow
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.
First-ever Cannabis Industry Innovator MJ Freeway to be Honored at the 2015 Fortune Most Promising Women Entrepreneur Conference in Washington, DC, Oct. 12 – 14
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.
CannaScore Launches Real-Time Compliance Software for the Cannabis Industry
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.
What’s Next for Green Bits?
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 Continues to Manage Rapid Growth
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.
9 Things You Probably Didn’t Know About Raising Money in the Cannabis Industry
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.
MJ Freeway Named to Inc’s Top 5000 List of Fastest Growing Companies in America and Cited as Top Women Leaders in the Business of Cannabis
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.
MJ Freeway and Jane Announce Full Integration to Better Serve Marijuana Retailers’ Needs
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.
HerbFront Expands Access to Powerful Mapping Technology With New Subscription Model
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.
Kind Financial Acquires the Assets of Agrisoft Development Group
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.
Cannabis Seed-to-Sale System Flowhub Closes $500,000 in Funding to Revolutionize Marijuana Market
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.
BankingTHC Addresses Cannabis Business Dilemma
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.
New Mexico Department of Health Awards Medical Cannabis Software Government Contract to BioTrackTHC
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.
BioTrackTHC Partners with Cannabis Global Initiative to Expand Business Opportunities
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.
The S-1 Review: Framing Filings and Federal Changes
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.
HerbFront Creates a Cannabis-Realty Niche
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.
BioTrackTHC University Provides Comprehensive Training for Legal Seed-to-Sale Marijuana Tracking
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.