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U.S.: How Will Marijuana Influence Super Tuesday?

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By Steve Elliott
Hemp News

As Super Tuesday fast approaches, Kind Financial CEO David Dinenberg decided to take a look at the influence of marijuana on the voters in the affected states.

"Most of the Super Tuesday states are historically Red states, and while that might be true today, many of these states are considering passing laws in favor of medical marijuana," Dinenberg said. "Alabama, Georgia, and Texas are considering legislation.

"Others, such as Vermont and Massachusetts, already have medical marijuana and now are considering recreational," Dinenberg said. "Of course, Alaska and Colorado have recreational use."

Dinenberg pointed out that Donald Trump is leading in the polls in every Super Tuesday state that has passed or is considering medical or recreational marijuana. "Mr. Trump is on record supporting states' rights," Dinenberg said. "While he doesn't favor federal legalization, his pro-states' rights just might be enough to fend off his competitors."

Marco Rubio and Ted Cruz both oppose medical marijuana, according to Dinenberg. "I ask this question to the candidates," he said. "How do you plan on winning an election that 58 percent of the voters disagree with you?"

U.S.: GOP Candidates Out of Touch On Marijuana Legalization

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By Steve Elliott
Hemp News

This week's Republican presidential debate in Colorado showed that the GOP candidates are out of touch with the majority of American voters when it comes to marijuana legalization, according to a leading financial advisor.

"Once again, the Republicans don't take the opportunity to speak to an overwhelming percentage of Americans in regards to state rights and legalization of marijuana," said David Dinenberg, CEO and founder of Kind Financial, a financial services firm for the legal cannabis industry. "The party should realize that several 'Red' states have some form of legalization on the 2016 ballots and the voters and consider the candidates' position on marijuana."

Dinenberg has made it no secret that he thinks the public debate should mirror the increasing intensity of the conversation, with more than 63 percent of Americans who believe marijuana should be legal. David would know, as he's well-versed in the political and financial angles of cannabis legalization issues.

"Last night's debate in Colorado revealed quite a bit about who is grounded in facts with a plan for the U.S. economy and who is just in it for a political dance," Dinenberg said. "How far cannabis has come in this country and how sophomoric the candidates can be!"

U.S.: Acquisition Paves Way For First 'Seed-To-Banking' Solution For Marijuana Industry

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Kind Financial Acquires the Assets of Agrisoft Development Group

Kind Financial, a financial solutions company to the cannabis industry, on Thursday acquired the assets of Agrisoft Development Group, a seed-to-sale compliance software company.

The Agrisoft platform is used in cannabis dispensaries and cultivation operations in numerous states and Canada. It provides these facilities with back-office, inventory, biometric security, state regulation reporting systems and payment system adaptability.

Kind explained that with the expansion of legalized cannabis there's been more stringent regulations for inventory requirements including mandates for tracking cannabis and cannabis products from seed-to-sale.

Agrisoft's platform is the most advanced and detailed technology created specifically for the cannabis industry, offering 100 percent accountability and transparency of reporting to all levels of government, according to the company. "Its team of experts in law enforcement, regulatory compliance, software development and data security have combined their expertise to build the industry's most reliable and comprehensive tracking system," a prepared statement avers.

Agrisoft's platform documents every step in cannabis manufacturing, wholesaling and retailing, according to the company.

U.S.: Kind Financial Gets 2nd Round of Funding to Provide Financial Solutions to Cannabis Industry

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Kind Financial, (formerly KindBanking), the financial solutions platform for the cannabis industry, on Thursday announced that it has secured its second round of funding.

The company, in a prepared statement, said this investment will accelerate its mission to provide the legal cannabis industry with a full platform of financial services including, but not limited to, merchant and payment services, financing, equity investments, and insurance offerings. The company said it plans to launch a payment solution for the cannabis industry in the first quarter of 2015.

"Legitimate cannabis businesses are being denied many of the financial services available to other industries," explained David Dinenberg, founder and CEO of Kind Financial. "As a result of current regulatory measures, most financial institutions such as banks and credit card companies, are reluctant to do business with the cannabis industry.

"Our financial platform will fill this crucial need as the industry continues its exponential growth," Dinenberg said.

The investor group was led by Lindy Snider, founder and CEO of LindiSkin which manufactures and distributes clinically-proven skin care products for cancer patients. This is the latest in a series of investments Snider has made within the cannabis industry including a product designed to safely ship medical marijuana plants as well as an asset management company.

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