Tracking the marijuana business, from seed to sale

Bio-Tech Medical Software Inc. has two state contracts, it operates in 18 states and outside the U.S., and it recently closed a $5 million series A round of funding.

But the company struggles with an issue facing any business operating in the marijuana industry today, even though it isn’t directly dealing with the plants.

“One of our greatest desires is to be seen as legitimate,” said Patrick Vo, co-CEO of the company. “To not be seen as barely legalized drug dealers, but to be seen as legitimate business people.”

Bio-Tech Medical Software makes a seed-to-sale marijuana tracking system called BioTrackTHC, that tracks plants as well, as sales, buying trends and employee handling of the products. The system is used by medical and recreational dispensaries, growers and state governments. It initially tags and numbers marijuana plants and then as each part is used—from stem to leaves to waste—it takes on its...

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