The USA’s Kind Financial has launched its Kind Government Solutions for the cannabis sector in collaboration with Microsoft Corp.
Growing and selling medicinal marijuana in the USA is no walk in the park. It is complex, heavily regulated and that means record-keeping must be perfect.
Kind Financial provides technology and software tools that assist cannabis related businesses to carry out secure transactions and adhere to rules and regulations related to the marijuana industry.
The Agrisoft software, which is running on the Microsoft Azure Government cloud, enables tracking of all functions “from seed to sale”; facilitating cultivation, manufacturing and point of sale processes. It can even keep track of formulations used to make cannabis-infused products.
It goes so far as to include a tagging system for each plant – either bar code or RFID (Radio Frequency Identification) tags.
Agrisoft also incorporates technology to track employee movements and even provide biometric identification of customers at the point of sale; via kiosks it supplies for Agrisoft users that look after the cash management aspect inside their stores.
In a nutshell, Kind claims Agrisoft Seed to Sale provides everything needed to operate medical cannabis dispensary – legally.
Software that complex needs some significant computing power and a super-reliable and secure platform. And that’s where Microsoft came into the picture.
According to Kind, it was selected by Microsoft to participate in the tech giant’s Microsoft Health and Human Services Pod for Managed Service Providers.
“Kind agreed that Azure Government is the only cloud platform designed to meet government standards for the closely regulated cannabis compliance programs and we look forward to working together to help our government customers launch successful regulatory programs,” said Kimberly Nelson, Executive Director State and Local Government Solutions from Microsoft.
It’s the first collaboration that Microsoft has entered into involving the cannabis industry.
Kind Financial Founder & CEO David Dinenberg said that he was ” delighted” that Microsoft was supporting the company’s mission to build what he called the backbone for cannabis compliance.
Kind says it has also recruited Matt D. Cook, who was previously the Senior Leader of Colorado’s Medical Marijuana Enforcement Division and author of Colorado’s medical cannabis laws and regulations. Mr. Cook will serve as KIND’s ‘Special Advisor on Government Matters.’