Marijuana legalization means that bigger corporate interests and institutional capital will enter the industry and start competing with the businesses and entrepreneurs who have been at it for decades.
Microsoft is about to help the government regulate your weed.
The tech giant will join forces with KIND Financial, a company that makes software for the cannabis industry, to help state and local officials track marijuana sales, according to a press release Thursday. Essentially, Microsoft’s “Azure Government” service will help ensure that legal sales of cannabis are above board.
With marijuana now legal in some form throughout 23 states, the number of Americans who fatally overdosed on the drug last year was significant: