Home Business Cannabis aka “Weed” and Microsoft.

Cannabis aka “Weed” and Microsoft.

7 min read
0
0
canabis

In Ghana, this plant has many names like Cannabis,marijuana, Indian hemp and locally “Wee or Abonsam Tawah”,. It has been classified as an illegal drug and abhorred by many sections of the society. Some refer to it as “The Devil’s Leaf” but in other countries like Netherlands and some states in the US, they have seen the productive and business side of this plant. The Tech Giant Microsoft is dipping its toe in the legal marijuana business.

The giant tech company is partnering with a startup that makes software for the booming legal cannabis industry. Los Angeles-based Kind Financial said Thursday that Microsoft will help it market its software to local and state government agencies that monitor marijuana growers or distributors for compliance with regulations governing pot production and sales.

Microsoft is best known for making software for personal computers. But as PC sales have declined, the company has been building a “cloud computing” business that provides online services for big businesses and organizations, including software that runs in Microsoft’s data centers. Kind’s software will run on Microsoft’s “Azure Government” cloud, a network that provides online services for public agencies.

Read More: Start-Ups Hope to Capitalize on Budding Legal Weed Industry

Marijuana sales aren’t allowed under U.S. federal law, but states are taking the matter into their own hands: Colorado, Oregon and Washington state have all legalized marijuana and a handful of others, including California, are voting to potentially do the same this fall.

Did you find this article helpful? Please send us your comments and suggestions.

Related Content :  Google buys Orbitera Inc for $100M+

Credit:NBC News

Load More Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Check Also

No TIN, No Drivers Licence – DVLA Makes Announcement Before Vehicle E-Registration Process Commences

The Driver and Vehicle Licensing Authority (DVLA) has reminded that the Tax Identification…