WeedTraQR Seed-to-Sale Software Certified For Oregon

WASHINGTON: The Oregon Liquor Control Commission (OLCC) has approved WeedTraQR cannabis seed-‐to‐sale tracking software as a validate software provider for Oregon’s recreational marijuana program. The Seattle-based company has developed a platform that is compatible for integration with Oregon’s Cannabis Tracking System (CTS) to meet the inventory traceability needs of the state’s producer, processor, wholesaler, and research.

Operational for over two years in neighboring Washington, with a rapidly expanding roster of clients, WeedTraQR lends proven expertise and hard‐earned credibility to Oregon’s fledgling system. WeedTraQR’s software will allow recreational cannabis producers, processors, and wholesalers to electronically transmit complete and accurate inventory and sales data into the state’s mandatory CTS, saving time and reducing the risk of error.

All OLCC recreational marijuana licensees must participate in Oregon’s CTS; they can choose an approved third-party provider to integrate company sales and inventory data with the state’s system. One of only four providers validated for use by producers and processors, WeedTraQR pragmatically solves the inventory‐tracking requirement in this early industry stage, turning traceability from burden to competitive advantage by supplying clients with data analytics and other operational resources.

WeedTraQR claims to be the first ‘meta’ traceability software, reporting to the CTS in both Washington (BioTrackTHC) and Oregon (Metrc), making it an appealing option for companies with national aspirations and for those who currently license products in multiple states who want a consistent interface for all facilities.

Touted by Washington’s recreational industry as the easiest‐to‐use, most efficient and responsive inventory platform in the cannabis space, WeedTraQR will focus on producers and processors in Oregon and will also support wholesale and research licensees.

“We like that we’re taking  a platform agnostic, commodity equipment, agile SaaS model to the cannabis industry. It’s a major advantage to be able to run your grow or processing facility traceability from any mobile device, like a tablet or your smart phone, ”  said company co-founder Eric Ogden.  “We’re technology disruptors. We’re unique in that we’re aligned  with the industry first, while providing competent  and reliable governmental support and reporting.”

MJ Freeway And Cannabase Announce Exclusive Integration Partnership

COLORADO: Online wholesale cannabis exchange Cannabase has formed a strategic integration partnership with seed-to-sale software giant MJ Freeway.  The partnership paves the way for a live cannabis exchange marketplace powered by MJ Freeway’s seed-to-sale – specifically price and inventory – data. Cannabis retailers and cultivators will find key challenges solved in the integration of MJ Freeway’s live data, including:

  • Streamlined buying and selling transactions to deliver real-time instantaneous execution and real settlement
  • Improved product and price transparency
  • Increased opportunities and prospects for sourcing and selling

Today, user-generated listings limit the thoroughness, accuracy, and traceability of listings in wholesale cannabis markets. However, with this partnership, MJ Freeway will exclusively provide Cannabase real-time confirmation of live inventory data to support the execution of exchange transactions for their joint customers. Cannabase’s feature-rich, proprietary platform will utilize this data in a live exchange format that will continue leading the evolution of the cannabis wholesale market.

“This partnership will greatly enhance the capabilities of MJ Freeway and Cannabase users nationwide,” explains Jennifer Beck, Cannabase’s co-founder and Managing Director. “Our mission is to provide the most cutting edge, compliant technology solutions in the market, and look forward to partnering with MJ Freeway in this next iteration of the wholesale marketplace.”

With MJ Freeway’s market representation over 40% in 23 states nationwide, this partnership is poised to vastly accelerate the flow of wholesale product for cultivators, infused product manufacturers, and retailers nationwide.

Amy Poinsett, the Co-founder and CEO of MJ Freeway stated, “Our goal is to improve the performance and profitability of cannabis businesses. MJ Freeway’s integration with Cannabase will bring solutions that automate the cannabis wholesale exchange improving the speed and transparency of transactions today and creating a national network of buyers and sellers that can be quickly and compliantly united when the federal landscape changes.”

Zachary L. Venegas, CEO of Helix TCS, the parent company of Cannabase, echoed Poinsett’s comments, stating that “As we further unveil the technologies, partnerships, and business lines that we have built, we will continue to provide our clients, partners, and investors with the real benefits that accrue from our focus on strategic innovation realized by rapid, disciplined execution.”

Green Bits Conquers Washington Cannabis Compliance Market

WASHINGTON: In episode 25 of the Investing in Cannabis Podcast, Brandon David interviews Ben Curren of Green Bits, discussing the company’s point-of-sale service designed specifically for cannabis companies. Founded on March 24, 2014, Green Bits has been growing steadily and building out its service to help canna-businesses grow and stay legal. Green Bits was also named the first runner-up at TechCrunch Disrupt, the first time in history that a cannabis technology company had been invited to participate.

Three In A Row: BiotrackTHC Awarded NY State Seed-to-Sale Tracking Contract

NEW YORK: CBE Press has learned that BioTrackTHC has been awarded the exclusive contract to run New York State’s Seed-to-Sale Tracking system, which includes both the government system and the licensed enterprises in state, and is the first contract in the industry that requires the licensees to use the state’s tracking software solution.

In the three (3) previously state awarded contracts — Colorado (Franwell), and Washington and New Mexico (BioTrack THC) — state licensed producers, processors and retailers have been allowed to choose the software provider that tracks their products and uploads to the state contracted system.

According to the New York State Contract Reporter’s May 22 release, BioTrack bested Agrisoft Development Group, Franwell, Leaf Logix Technology and MJ Freeway. The purpose of the state’s Request for Proposal (RFP) is to seek a contractor to provide a cloud-hosted Seed-to-Sale Tracking Software System for New York State’s Medical Marijuana Program. This system will be utilized by organizations registered with the New York State Department of Health (NYSDOH) to cultivate, manufacture,
distribute and dispense medical marijuana in New York State, as well as provide NYSDOH the ability to access the data of each registered organization.