Cannabis Software Companies Seek to Legitimize the Marijuana Industry and Cash In

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California’s new marijuana laws don’t take effect until 2018, but a big money race to help the state regulate the industry is already in progress.

Even though California was the first state to legalize medical marijuana and is the largest legal marijuana market in the country, it has not yet adapted a system for the government to track product. These kinds of protocols, similar to those that exist for pharmaceuticals, have become standard in other legal states.

In Colorado, Radio-Frequency Identification (RFID) chips track plants from grow rooms to the dispensary, even if a plant is ultimately processed into an edible or vaping oil. By having a record of every legal plant in the state, regulators can ensure, among other things, that legally grown product is also sold according to code.

Next month, California will begin accepting proposals from the companies who want to sell California a platform for tracking pot throughout the state....

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