Ohio’s Department of Commerce named Metrc (part of Franwell) as the vendor for its seed-to-sale system and Persistent Systems to run the eLicensing system to track licensees and employees. Metrc, which has won several other states recently, is slated to earn $1.178mm, according to a Fact Sheet the department issued. The company was selected over four other applicants, including BioTrackTHC, Kind Government Solutions, MJ Freeway and Symplmed Technologies. Persistent Systems, a publicly-traded company based in India, will earn $573,600 and beat DevCare Solutions, Coastal Cloud and Accenture.
Based in Houston, Alan leverages his experience as founder of online communities 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV.
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