Microsoft is working a new software facing the cannabis legal market . The technology company announced Thursday a partnership with the startup American Kind, in order to keep the plants “seed to sale” within the law. According to the BBC, this is the first partnership of its kind made by Microsoft.
As in Portugal, cannabis is considered illegal by the US federal government, however, are already several states the legalized, both for medicinal purposes as recreational . The landscape is changing, at a time when five states prepare to vote legalization proposals cannabis already in autumn. – Including California, the biggest of all, writes The New York Times
statement, Kind explains that the partnership focuses on the providing services software to the states and municipalities that have legalized the plant . These services enable, for example, manage transactions and keep track of inventory and legislation, according to The Washington Post.
Microsoft’s role will include the integration of technological solutions in Azure , your computing network cloud ( “cloud”). That is, as the various states will legalizing the consumption and sale of cannabis, it is natural to increase the demand for solutions to regulate this industry, something that may be in Microsoft’s interest based on the subject.
the fact that Microsoft join this initiative is relevant, given that it is the first major company to be associated with this type of market. In addition, according to The New York Times, also only some small US banks accept open accounts to companies whose settle business growth or sale of this plant.
Still, technology giant believes that this will change. At the same newspaper, Kimberly Nelson, head of Microsoft said he believed that “there will be significant growth” this market . He added. “As the industry is being regulated, there will be more transactions and we believe there will be requirements and more sophisticated tools”
In a statement, Microsoft is assumed committed to supporting the “government customers and partners.” The Kind is therefore one of those institutions that “is building solutions” to “help these agencies to regulate and monitor substances and controlled products” , as well as manage their “compliance with laws and jurisdictional regulations. “
As for the Kind, it is a startup with headquarters in Los Angeles and has made several bets in this industry . Among other products, is responsible for a kind of kiosk, ATM style, which facilitates the sale of cannabis to the public.
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