Regulatory Compliance is required of every cannabis business in every state. Our free track and trace software allows businesses to verify that the origins of every product are legitimate, traceable, and documented at every step along the chain from seed to sale. With NatureTrak's universal API, our software integrates with all other major systems in use in the market today.
The majority of transactions today are still cash-based, constraining growth and scale, because of the problems associated with trying to operate within the banking system. Most banks cannot have more than 10% of their assets in businesses defined as "high risk.” Moreover, many legitimate cannabis companies continue to have their bank accounts seized, under a presumption of illegal activity, until they can provide proof that they are operating legally.
The long-term winner will be the company that has the tools as well as the masses using their platform on a day to day basis. We are building the industry's foremost Direct-to-Consumer Marketplace where consumers can buy directly online, from whichever licensed cannabis business they choose, and have it delivered straight to their door.