On Thursday Microsoft will announce its first partnership with a company based in the budding (pun intended) cannabis industry. Kind Financial creates what they call “seed to sale software”, in other words software that allows growers to track their crops from planting to sowing. The software also helps businesses stay on top of the massive piles of government regulations that are rampant in the industry today, and it can be used by cannabis shops to track cash flow in the largely cash based business as well.
Bill Gates himself has previously stated that he voted yes to legalize marijuana in his home state of Washington, which is where Microsoft is also headquartered, so it really comes as no shock that Microsoft would make this kind of move to get in on the ground floor. David Dinenberg, Kind’s CEO, had this to say about the partnership move, “No one can predict the future of cannabis legalization, however, it is clear that legalized cannabis will always be subject to strict oversight and regulations similar to alcohol and tobacco; and, Kind is proud to offer governments and regulatory agencies the tools and technology to monitor cannabis compliance.”