BioTrackTHC, the top provider of seed-to-sale software solutions for medical and retail marijuana businesses, today announced a strategic alliance with Adherence Colorado, the leading provider of compliance audits and inventory reconciliation for the cannabis industry. The agreement allows BioTrackTHC to leverage Adherence Colorado's regulatory compliance and inventory management services to help solve issues for BioTrackTHC's rapidly growing number of clients in Colorado.
"We continue to create alliances with fellow industry leaders like Adherence Colorado to benefit our customers' operations," said Steven Siegel, CEO, BioTrackTHC.
Adherence Colorado currently has more than 15 licensed and badged auditors and consultants who work on-site with licensees to correct issues related to compliance, inventory control and tracking. As part of the agreement, Adherence Colorado will provide BioTrackTHC's clients with reduced price compliance audits for $500 per license through March 31, 2015.
"We're very excited to be working with BioTrackTHC, and to be providing our auditing and inventory optimization services to help even more marijuana industry businesses in Colorado," said Steve Owens, founder and CEO of Adherence Colorado. "Our agreement creates a one-stop shop for best-of-breed software, regulatory compliance audits, inventory process improvement and more."
Adherence Colorado currently conducts compliance audits for dispensaries/stores, marijuana-infused product manufacturers (MIPs) and cultivation facilities, for both medical and retail licensees. The company's proprietary software allows auditors to ensure that licensed marijuana businesses are in compliance with state and local laws. Adherence Colorado also works directly with Marijuana Enforcement Tracking Reporting Compliance (METRC), the state's mandatory marijuana inventory tracking system.
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