BioTrackTHC Raises $5M in Funding

Funding Rounds

▤ Summary

BioTrackTHC, a Fort Lauderdale, Florida-based provider of transaction tracking software for the legal cannabis sector, raised $5m in funding.The Enterprise System provides operators with cultivation tracking; management of inventory, patients and point-of-sale; and easy accounting reporting.The Traceability System enables government agencies to track every gram of cannabis throughout the entire production lifecycle, from cultivation, harvest and cure, quality assurance testing, transportation, destruction, and sale.The system provides real-time reporting to assist government agencies with enforcing regulations, collecting taxes and preventing the illegal sale of cannabis.BioTrackTHC is a division of Bio-Tech Medical Software, Inc., a Florida based company, with offices in Denver, Colorado, and Washington State.

$ Funding

$
Amount $5.0M Total raised
□
Date October 5, 2015 Announcement date
◎
Investors - Lead investors
▥
Company http://www.biotrackthc.com Funded company

▥ Classifications

industries
Manufacturing Industry
applications
Business Intelligence

◇ AskAI Classifications

Labels
Cannabis Cultivation Software Cannabis Processing & Manufacturing Software Cannabis Dispensary Point-of-Sale Software

▦ Linked Companies

BioTrack
$10M to $25M