Adherence Colorado, a provider of compliance audits and inventory reconciliation for the cannabis industry, on Tuesday announced a strategic alliance with BioTrackTHC, a provider of seed-to-sale software solutions for medical and retail marijuana businesses.
The agreement allows BioTrackTHC to leverage Adherence Colorado's regulatory compliance and inventory management services to help solve issues for BioTrackTHC's rapidly growing number of clients in Colorado.
“We're very excited to be working with BioTrackTHC, and to be providing our auditing and inventory optimization services to help even more marijuana industry businesses in Colorado,” said Steve Owens, founder and CEO of Adherence Colorado. “Our agreement creates a one-stop shop for best-of-breed software, regulatory compliance audits, inventory process improvement and more.”
Adherence Colorado said it currently has more than 15 licensed and badged auditors and consultants who work on-site with licensees to correct issues related to compliance, inventory control and tracking. As part of the agreement, Adherence Colorado will provide BioTrackTHC's clients with reduced price compliance audits for $500 per license through March 31.
"We continue to create alliances with fellow industry leaders like Adherence Colorado to benefit our customers' operations," said Steven Siegel, CEO, BioTrackTHC.