BioTrackTHC CEO Dr. Steven Siegel Among 100 Most Influential People Named by Cannabis Business Executive Magazine

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Nov 24, 2014, 01:50 ET

FT. LAUDERDALE, Fla., Nov. 24, 2014 /PRNewswire/ -- BioTrackTHC™, the most extensively-used seed-to-sale enterprise system in the marijuana industry, announced that CEO Dr. Steven Siegel has been named to the CBE 100 by Cannabis Business Executive magazine.

The list recognizes both private and public sector individuals who have had the greatest impact on the cannabis industry. The magazine noted that because cannabis is still illegal under federal law, this year's CBE 100 is heavily weighted towards political and activist members. It added that this balance should shift to the business sector as the legitimate cannabis industry takes hold nationwide over the next several years and its expectation that federal prohibition will be lifted.

Dr. Siegel, who holds a Ph.D. in psychology and in organizational development, is a seasoned executive, published inventor, and serial entrepreneur with a 30 year history of creating successful startups.

Dr. Siegel co-authored two state-level, pro-marijuana legislative bills - Florida HB143 and Colorado HB1242.

"This award is a testament to years of dedication by the BioTrackTHC team to create an exceptional solution for the industry's business and regulatory compliance needs," said Dr. Steven Siegel.

BioTrackTHC's commercial platform is deployed in more than 800 locations in 15 states, Washington D.C., Canada and South America. Its traceability system is utilized state-wide as the official regulatory capability for all recreational marijuana businesses in the state of Washington. The company pivoted from tracking pharmaceuticals to become the national leader in cannabis tracking for marijuana growers, dispensaries and regulators.

The company's standard tracking program assigns unique numerical identifiers to every part of a company's operations and inventory movements. The same assigned value is extended to cover exact monetary denominations made through the sale of each product, which can then be tied to individual bank, credit card, or debit transactions.

Visit http://www.cannabisbusinessexecutive.com/2014/11/100-most-influential-people-in-the-cannabis-industry to learn more about the CBE 100.

About BioTrackTHC

BioTrackTHC employs custom-made tracking software to ensure the most rigorous standards are met for the ever-evolving cannabis industry. Visit www.BioTrackTHC.com for more information and [email protected] or call 1-800-797-4711 to order software.

This Press Release is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities in the Company or any related or associated company.

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SOURCE BioTrackTHC