Post date: 11/12/2018

Cannabis business has become a huge industry in the United States. These companies are making supernormal profits as marijuana has immense benefits in the medical sector. However, the Federal law is not so keen to make the use of Marijuana legal as of now. Though, state wise consuming marijuana in limited amount has been legalized in small amounts..

In recent times, the rules for those who consume Cannabis and those who sell have been made to follow strict laws that regulate cannabis. An example of this would be by looking at the Sweet Leaf company. It is a vertically integrated cannabis business.

Sweet Leaf had recently made the news when it came under the scrutiny of the Federal Government by violating rules for cannabis-selling. It has been said that the company allows their customers to buy cannabis more than the said limit. Also, the authority has said that the same customer has made more than one or multiple purchases in a single day which is illegal from the Sweet Leaf company.

In last July, the Denver State Authority has scrapped 26 licenses of the company from across the state. However, this is not the end for the state officials. They made rules stricter.

A new set of technological help has been introduced in the industry to make things easier for the seller as well as the buyer. These technological bits of help are mainly to protect the law in the state. There are a number of new systems have generated including proper point-of-sale machines, the various tracking system for medical marijuana, customer ID verification and so on.

  • According to the system, a new and updated point-of-sale will be installed which will be helpful to get more details to purchase report of the customer.
  •  Also there will be multiple verifications and confirmations for the customers who are buying cannabis. Their IDs should be verified every time they come to buy any amount of marijuana or any related components.
  • If any customer is repeating purchase on the same day, the customer has to show the previous bills for the same day purchase.
  • There will also be state software and seed-to-sale tracking system to check on the customers of the medical industry. All these technical help will be started soon to protect the law for cannabis in Colorado.

The Marijuana Business Magazine has reported some of this mentioned technological help and some useful tips to get protected from any illegal activities in the industry.

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Reference Link:

  1. https://mjbizdaily.com/technology-cannabis-companies-compliant/
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