Simplifya and Akerna have entered into a collaboration to deliver integrated compliance and regulatory solutions to the cannabis industry through Leaf Data Systems.
“We are incredibly excited that this partnership with Akerna will allow us to deliver an even more comprehensive compliance solution to the cannabis industry, across all segments,” said Marion Mariathasan, Simplifya CEO. “Simplifya provides easy-to-use tools to help proactively ensure business compliance to protect licenses and company investments.”
Regulatory and compliance issues are a consistent concern for the cannabis industry. Most dispensaries maintain at least one full-time compliance officer on staff. Arduous documentation, implementation of Standard Operating Procedures (SOPs), rigorous training, and constant reminders, all come with the territory of running a legal cannabis business. Eighty-six percent of compliance failures are a result of a lack of timely information.
“Through our collaboration with Simplifya, those charged with finding an efficient and effective way to monitor compliance in the cannabis industry now have an easy to use, integrated solution,” said Jessica Billingsley, CEO, Akerna. “This will be the first time some operators move away from spreadsheets and start using technology to make compliance and adherence to regulatory guidelines more seamless.”
The multi-prong relationship will center around the integration of Simplifya’s leading regulatory compliance content-driven software with Akerna’s cannabis license application service, and their proprietary government compliance solution, Leaf Data Systems. The partnership will also establish Akerna as a channel partner for Simplifya’s core product, which includes a compliance self-auditing system, SOP templates, and document management and storage, all customized by license type and tied directly to the state and local regulations.
As part of the integrated offering, as Akerna develops license applications on behalf of clients in new and growing cannabis markets, Simplifya’s core auditing solution will be included with the application as a tool to help newly licensed operators manage and maintain regulatory compliance. Akerna will also bundle Simplifya’s auditing product into its government platform Leaf Data Systems, providing governments with a resource to deliver compliance enforcement efficiency.
For more information:
455 Sherman St Ste 510
Denver CO 80203