The New Mexico Department of Health's Medical Cannabis Program has awarded BioTrackTHC™, a division of Bio-Tech Medical Software, Inc., a contract for the provision and deployment of an integrated patient and provider tracking software application.
This makes BioTrackTHC the cannabis industry's first company with marijuana regulatory technology contracts in two states, according to a company press release, following the company's existing contract for the state of Washington's Marijuana Seed-to-Sale Traceability System.
"I commend the New Mexico Department of Health on its comprehensive RFP process in securing the right technology and team for the state's needs," said Steven Siegel, CEO, BioTrackTHC. "Our experience implementing compliance technology in this sector will serve the state and the public well in maintaining a reliable and efficient regulatory infrastructure."
The New Mexico Medical Cannabis Program (MCP) was created under the Lynn and Erin Compassionate Use Act to allow for the beneficial use of medical cannabis in a regulated system. In pursuit of its mission, the MCP issued an extensive RFP on July 22, 2014 for a software solution to maintain regulatory compliance.
After extensive proposal evaluations and live software demonstrations, BioTrackTHC achieved a marijuana industry first: back-to-back government contract wins.