Accela Partners with KIND to Ensure Accountability and Transparency in Cannabis Seed-to-Sale Tracking

The partnership will provide state and local governments with advanced capabilities to collect and monitor the critical data needed to track compliance with regulations governing cannabis-related businesses

News provided by

Accela

Jul 12, 2019, 12:21 ET

SAN RAMON, Calif., July 12, 2019 /PRNewswire/ -- Accela®, the leading provider of cloud-based solutions for government, today announced a partnership with KIND Financial, a leader in compliance solutions for the cannabis industry. The KIND seed-to-sale solution is a technologically advanced, true cloud-based platform, now being offered to Accela customers to streamline the complex process of tracking the cannabis supply chain for any medical or recreational regulatory environment.

Governments and businesses alike face significant legal and regulatory hurdles in navigating the emerging and evolving cannabis market. Successfully accounting for tracking product movement, data safety and ensuring product integrity are top concerns. Responding to these issues is especially important in light of reported system breaches, and market risks that come with vulnerable legacy systems.

The integration of KIND into the Accela-led cannabis regulation ecosystem provides customers with support at every stage of the regulatory process — from licensing, to enforcement, patient registration, to "track and trace" — this intentionally-designed, prescriptive approach focuses on empowering safe and thriving communities, despite the new complexities found in cannabis regulation.

"The partnership between Accela and KIND is based on a strong alignment centered on client needs and a new generation of capabilities they are requesting," said Greg Felix, Accela's Vice President of Strategic Solutions. "We are both committed to creating the most functionally advanced, flexible, cloud-based solutions to support state and local governments with new levels of integrated capabilities, data security, and workflow optimization associated with cannabis regulation."

"By partnering with Accela, we believe governments will now have an all-in-one, best-in-class cannabis solution built on the pillars of patient safety, diversion prevention, and tax collection," said KIND CEO David Dinenberg.

"With the inclusion of Accela's ecosystem, I am confident we will also supply high-level automation that will give back a lot of time to government teams for other tasks," said Dan Stofka, chief technology officer at KIND.

The solution provides additional protections and resource automation to meet the demands of businesses and governments for a more timely exchange of data. Blockchain, RFID, and other protected functionality are being utilized to provide new detail on tax collection, to stop product diversion and to protect patient safety.

"The new methods we are currently deploying for cannabis tracking will bring a new level of transparency, personalization, and user-friendly tools to government agencies that require the highest level track-and-trace functionality," Stofka said.

Accela's partnership with KIND comes on the heels of a renewed wave of collaboration between Accela and implementation, technology and industry partners to further enable success for Accela's customers and the citizens they serve amidst a rapidly-evolving regulatory landscape.

To learn more about Accela's solution for cannabis regulation, please visit: https://www.accela.com/solutions/cannabis-regulation//.

To learn more about KIND, please visit: http://kind.financial

About Accela

Accela provides market-leading solutions that empower state and local governments to build thriving communities, grow businesses and protect citizens. Accela's fast-to-implement Civic Applications, and robust and extensible solutions platform, help agencies address specific needs today, while ensuring they are prepared for any emerging or complex challenges in the future. Accela is headquartered in San Ramon, California, with additional offices around the world. For more information, visit www.accela.com.

About KIND Financial

KIND Financial is the leader in compliance and financial solutions for the cannabis industry. KIND's Technology Platform promotes patient safety, prevents product diversion and manages the tax collection process through an ecosystem of easy-to-use, end-to-end solutions for businesses, government agencies, and financial institutions. Working together, these products facilitate the entire cannabis business lifecycle through its KIND Seed to Sale software, which provides retail operations, growers, and producers with the critical tools for plant tracking and management. KIND Government Solutions provides technology for cannabis tracking to governments and regulatory agencies, which include the tools government agencies need to monitor and regulate all aspects of the cannabis business life-cycle including plant management, point-of-sale transactions, and financial reporting.

For more information, visit http://kind.financial.

Contact: Jason Shueh, (925) 659-3200, [email protected]

SOURCE Accela