#greenbits

PRESS RELEASE

Largest Cannabis Retail Platform Processes $3.7 Billion in Sales Annually;

Silicon Valley Business Software Veterans Barry Saik and Sarvesh Mathur Take CEO, CTO Posts

April 16, 2020 (San Jose, CA) – Greenbits, the nation’s largest cannabis retail platform, announced today that it has raised $23 million in its Series B financing round. Coming at a time of economic uncertainty, the…

Mom & Pops are Making it Happen in Maryland: Charm City Medicus

Recently, CBE has focused its company stories on large licensee consolidators primarily due the public funding efforts of many of them. We recognize that the licensed marketplace is still, for the large part, composed of smaller start-ups that are serving patients in their respective markets and wanted to share the story of Charm City Medicus, a Baltimore dispensary that has just completed their…

OLCC Approves Cannabis Tracking System 3rd Party Software Providers

Press Release

Allows for Integration with Point of Sale, Inventory Systems

Eliminates Need for Double Entry

  June 13, 2016

Portland, Oregon – The Oregon Liquor Control Commission and Metrc™ have approved four software solution providers whose products are compatible for integration with the Oregon Recreational Marijuana Program Cannabis Tracking System (CTS).

These products will allow OLCC…

The Innovative API Powering Retail Marijuana

Automation takes some of the complexity out of retail marijuana In an industry with traditionally high profit margins and ample demand, it is surprising that only 41% of medical dispensaries and retail stores have been performing “Modestly Profitable” or better through Q1. Clearly there are underlying issues and logistics that the current marketplace has been unable to address adequately .…