Approve Flow.

Business Made Easier

Approve Flow is a business solution application, designed to simplify the approval process and open up the lines of communication between clients, vendors and staff.


Fast. Easy. Intuitive.

Online solution for your business, creative and legal approvals.

What is Approve Flow?

Easy to use online application allows users to request approvals and track communication on their business, legal and creative documents, invoices and other tasks.

How it Works

Sign up for an account, create a approval, personalize your settings, select your participants, upload your file and let the approval process begin.

Open Communication

ApproveFlow makes the approval process a breeze for any workplace. Manage and organize everything from purchase order approvals to document uploading and storage.

Simplify your workplace with our easy to use application that lets you to automate the approval process online. And what’s best, IT’s FREE!

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    Affordable & Easy

    Try our free easy-to-use approval software or subscribe to one of our affordably priced plans as low as $19.95 per month. There are no software installation requirements and users do not need to be registered on the site to participate in the approval process.

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    Personalize your process

    Control how your approval process is handled and who participates at what level tier. The tools are there. You set the rules. And, ApproveFlow will follow.

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    Measure your progress

    Standardize your approval methods and maintain accountability for everyone involved in the project.

  • Connector.

    Open lines of communication

    Get approvals online for your invoices, projects, design comps, legal documents and more. Add and organize up to 100 users per tier to participate in the approval process and make people accountable by tracking communication in our easy-to-use system.

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    Improved customer service

    Get a better understanding of what your customers, colleagues or supervisors want as the project progresses by creating a consistent method of communication.

  • Connector.

    Work smarter

    Manage your approval process on your mobile phone with the new Droid and iPhone ApproveFlow app.

Latest Updates From Our Blog

Mobile Apps for Cannabis Entrepreneurs

weed apps

weed apps

The mobile technology industry makes it easy for businesses to stay engaged with customers, and on top of current events going on in their industry. You could say there are apps for everything, including weed apps for entrepreneurs. If you manage a thriving CBD edibles business or you’re starting from scratch, these apps can help you find information, track sales and inventory, and even manage your financials. Find out how these apps can help you manage your business.

Best in Grow
Best in Grow is an app that is specifically designed for cannabis businesses. Entrepreneurs can use the software for managing a dispensary or for building a new cannabis brand. Build relationships, track your employee schedules, communicate, assign tasks, and more.

SimLeaf
SimLeaf is an application for cannabis businesses that offers something different. With this application, businesses can learn about all the growing aspects in a 3D experience. It is a fun application to use because it is set up much like a game where you learn to grow your own virtual plants and gain the skills for running a successful business. It’s a great hand-on learning software. Works for Android, and Iphone/iPad users.

Trym
Trym is another software program specifically created for cannabis entrepreneurs. The integrated management software is custom-built for cannabis businesses. This platform can help entrepreneurs manage their businesses more efficiently, consistently, and it may also help streamline their operations. Trym touts itself as the first cannabis farm management software built from the ground up.

Green Entrepreneur
Green Entrepreneur is perfect for large and small business owners, as well as those thinking about starting a cannabis venture. The app offers access to industry information, including podcasts and videos, as well as news, insights, and what’s trending. Topics of interest include starting a business, marketing strategies, raising funds, growing, and success stories from people who out started just like you.




Leafly
Leafly is a large cannabis website similar to Weedmaps with a lot of information available on a variety of topics. You can learn all about CBD edibles, concentrates, and vaping CBD. You can also read about the latest research and flavor profiles of your favorite products based on terpenes and cannabinoids. The mobile app allows users to rate and review different strains of cannabis, and cannabis and CBD dispensaries. The “strain explorer” features more than 3,100 cannabis strains with names like 2 Fast 2 Vast, Slurricane, and ’98 Aloha White Widow. Click on the strain to read reviews, find out the effects, and locate a seller. Users can customize their purchase by matching the desired effects with the right strain.

Weedmaps
Weedmaps is the largest website for information on the different strains of cannabis, THC percentage, effects, products like CBD edibles, and where to find them. It was originally considered the equivalent of Yelp for weed but grew to be more than just a directory. Click on the “Brands” tab to browse products, their information (THC percentage) and where to buy that product.

Simleaf
Simleaf is similar to another simulation app designed for growing cannabis. If you’re a fan of SimCity you’ll like this app. It follows the same concept as the popular game. It allows you to grow your own virtual weed plant, from seed to flower, in a 3-D environment. Through weed apps like this one, you can learn about growing cycles and everything you need to know about growing cannabis without losing money if your first efforts don’t succeed. It’s a fool-proof way to try your hand at growing – without any financial risk.

MassRoots
MassRoots has an extensive directory of information about local cannabis-related news, cannabis strain type, THC and CBD levels. Find your favorite strain by flavor, effects and more. The app also allows you to share pictures, videos, news, and any cannabis-related news with the community on MassRoots.

GrowBuddy
GrowBuddy is a powerful mobile app that tracks the development of your plants and processes. Anyone serious about growing cannabis needs this piece of software in their arsenal – it’s a must-have. Learn all the aspects of growing in the “Growers Marketplace.”

2 Non-Growing Apps
These two apps are more for marketing your business and managing your finances. For cannabis entrepreneurs, networking with others in the industry is important and access to important industry information is invaluable to any business owner.




Mint
Mint is a financial app that helps you manage your money. Take control of your finances with their budget calculator and planning software. Keep all of your accounts in one place to see your bills and payments, invoices, and more. It is free to use and set up takes only a few minutes. The more accounts you have linked, the more control you have over your financial situation.

LinkedIn
Many platforms limit cannabis businesses from advertising or promoting themselves. LinkedIn is one of the few platforms that aren’t as stringent as others. Use the app to find groups and connect with other growers and industry managers for networking and more. This is a great platform for business professionals in all industries. The apps listed here were created to simplify business management processes for cannabis entrepreneurs. Weed apps are so helpful because there are an estimated 3 billion+ smartphone and tablet users worldwide. The demand for mobile applications geared toward the cannabis industry is at an all-time high.

CBD Apps You Can Download Right Now

weed apps

The wonders of CBD in American society today are undeniable. However, not everyone has access to the right information that can keep us up to date on the goodies that come with CBD’s consumption and how to get it. One would be surprised at how close one is to a wealth of resources that can make one’s CBD journey run smoothly and even much easier. For a comprehensive knowledge of CBD’s brands, that is safe to purchase, or you are curious to learn more about how CBD affects you compared to others, you need to check out our list of the best CBD mobile apps. The fact is that as the number of people using CBD is growing, so is the rate at which the myths and misinformation are flooding consumers seeking to buy quality products.

If you are new to using CBD, you are probably interested in its many reported health and wellness benefits. These CBD apps or weed apps would give a newcomer, in CDB experience, a guide on what to take, how much to take, and where to get it, which might be difficult due to its legal flux status and lack of regulation. It is a known fact that Consumers need a place to go to find quality information. One can posit that anytime a little direction is required these days, the easiest thing to do is pull out a phone and search using relevant apps. With the Internet at your fingertips, you can use apps to collect and store CBD information and meet new people to exchange information. CBD industry is growing strong and rapidly in recent times. Inspired by this trend and challenge, app developers are working on new and innovative ways of helping consumers stay up to date on the latest research, understand the difference between brands, and keep track of their dosing and symptoms. Check below to find the perfect app that will help you meet your CBD goals.

1. CBD Talk Podcast: This mobile App helps acquire comprehensive knowledge of CBD as a product. It also helps to be acquainted with any updates in the industry that you need to know about. This podcast hosts get everyone from scientists to doctors to come in and talk about CBD edibles and other types that are available in the supermarkets. CBD Talk Podcast provides the perfect way to learn about developments and products in the CBD industry. The hosts of the podcast interview doctors, scientists, and leaders in the industry to bring you fact-driven information in an entertaining format. You can listen to the podcast in your car on the way to work, or with your headphones. This Android version of the app comes with all sorts of extras like articles to read, videos, and documentaries to watch.

2. WeSay: This is another app that can be downloaded right now to get the needed vital information about CBD. This App, WeSay, provides real people’s real reviews, so you can trust that they are not bots with automatic reviews. Through this weed App, you can see how individual CBD products affect other people and make confident decisions based on actual experiences by other humans rather than bots or fake accounts. WeSay weed App is an excellent resource to help you get to know your CBD products and get organized to make a solid, confident decision about what to try. It is acclaimed to be one of the first apps that let you categorize your search so that you can find exactly what you are looking for. Through this app, you can sort your search by purpose, price, rating, CBD level, THC level, and more. When you can look at the different categories and see them directly compared to each other, it helps make better decisions about which product is best for you.

3. CBD Oil Guide Course for Beginners: This app is a great format to learn everything you need to know about CBD. It is a free course that teaches you all the essential basics. You will learn the science behind how CBD oil works in your body, the geography and history of the use of hemp and CBD, current research, and local and national laws. Once you finish this course, you will be an expert in all things CBD and you will know precisely how to purchase what you need to feel your best every day. CBD Oil guide course aims to help users obtain a healthy lifestyle that includes using CBD and other hemp-derived products. You will find a lot of consumer education pieces all in one convenient place with this app. You can also buy products and get customer service through the weed app as well. This is the best weed App for you if you want to understand how to use CBD for pain relief and a healthier lifestyle.

4. CBD Dose Calculator: This helps to calculate those tricky dosage measurements that are hard to get right sometimes because getting the right dose could occasionally be a challenge. If you are taking CBD oil orally, you will have to spend a little bit of time figuring out how much CBD is actually in the bottle. The CBD Oil Dose Calculator is the solution to the dosing problem because all you have to do is input a few numbers. Then at bate of an eyelid, you have the answer for the number of drops you should take. It is simple and convenient, no more math on the fly when you are just trying to get your daily CBD dose. It is a comfortable, simple way to figure out how much CBD oil you should take in.

5. Weed Map App: This is an app designed to help you find all things about cannabis. If you are looking for information about which products to buy or where to find them, Weedmaps is the resource you need to stay informed and up-to-date. With Weedmaps, you can find the location or website selling the brand you are looking for. You can also find a doctor to help you get an evaluation if you need one in your state of residence. Again, you can get detailed information about each brand, and the lab results if available. Weedmaps is a one-stop app, very comprehensive, and it will provide you with all the info you need when you are trying to find the right CBD product for you. Weedmaps is now the number-two medical app on iTunes. Consider it your one-stop-shop for loads of cannabis consumer knowledge. It is a blend of Google Maps, Yelp, and Amazon for dispensaries, delivery services, doctors, and brands.

6. CBD+me: With this App, you can also communicate directly with some suppliers about their products, contribute to a community of advocacy, and sometimes even sample and review products. CBD+me App is the perfect way to track your results and participate in a community of like-minded people on their journey to wellness. This is the best App to download right now if you are looking for a way to track your product use and its effects. CBD+me provides a wealth of resources about CBD products and research, and so much more. This app is about personal growth and discovering what wellness through CBD means to you. It is also a community. You can share your ratings and comments anonymously with others and read their ratings and comments about products.

7. Buy and Sell CBD Hemp Oil: With this App, you can purchase CBD oil, and you can also sell it. If you have always wanted to help others and make a little extra cash while you are at it, this is your weed App. With these App, you can register to become an affiliate of Hempworx products, a Cannabis Industry, and use this app as your springboard to make a commission off of selling a product you believe in.

8. GrowBuddy: This one connects you with fellows that grow weed in the state you reside in. If you live in a place where you can grow your plants, this app will help you with the learning curve. With a license, you can now legally grow marijuana plants of your own in some states in America. This app can help you track your home plants’ growth and cultivation and get more information on what it takes to grow different types. You can grow larger, healthier plants with ease. You can keep a grow journal right on your phone for easy access.

Guide To Mobile App Marketing

mobile app

Getting your mobile app online to app stores opens up a new way of communicating and interacting between your audience and your brand. However, making the app available to mobile users is just the beginning. Promoting the app is the real challenge. Fortunately, there are several mobile app marketing strategies that can help you.

Following are some tips that will help you get started in mobile app marketing:

Make Your App Useful
No matter how extensive your mobile app marketing strategies are, they won’t be effective if your app does not appeal to your target audience. So, it is recommended that you focus on making your app useful so that it can simplify the everyday life of your target audience. Don’t just create an extension of your website in the form of an app. Instead, get creative and hire the help of digital marketing consultant to come up with ideas to make the app attractive and useful.

App Store Optimization (ASO)
App Store Optimization is crucial if you want to get your app discovered in market that already houses millions of apps.

To optimize your app for app store, keep the following points in mind:

•App Name: Make it as intriguing and unique as possible.
•App Description: It should be concise and really help potential users.
•App Keywords: Include only relevant keywords.
•App Screenshots/Video: Use high-quality screenshots or video to highlight the app’s features.
•App Ratings: Ask for user feedback and reply to them.

digital marketing consultant

Promote on Social Networks
Promoting your mobile app on social media is a key marketing step. Start by featuring your app to attract interested users and use important updates or unique content to keep them entertained. There are many other strategies you can implement here to promote your app. Consider hiring a digital marketing consultant so you can create the most effective ones.




Promote Via Guest Blogging
Guest blogging is an excellent way to build an audience. Look for niche internet space and blog communities that are relevant to your app. Your blog posts don’t need to be promotional. Simply try to offer some valuable insight via content that encourages readers to visit your app’s download link or landing page.

mobile app

Feature Your App in Your Emails
You can use email marketing to boost traffic to your mobile app. Make sure that any email that is sent out, includes a footer that features your app, redirecting the recipients to the download page of your app. This is a simple but effective way to inform your existing contacts about your app

Paid Ads in Mobile App Stores
Some app stores let you bid for relevant keywords so you can get featured in certain user searches. It is a form of paid advertising that lets you target narrow audiences and put your app in front of the people you want.Like any other business venture, you have to invest effort, money, and time, as well as devote energy in order to effectively market your app. With the above-listed key strategies, you can get started easily.

Best Mobile Apps for CBD

best mobile apps

CBD has come a long way since its discovery. It is all because of its beneficial properties that soothe a lot of people’s pain. Now that the CBD has become popular, the users want to get connected to share information regarding CBD. Also, there are a lot of people who get confused with hemp, marijuana, and THC.

Every one of these drugs is used for different purposes and contain different characteristics. So, people must get to know the honest and real information from a credible source. For this specific reason and to connect the users for credible information, experts have developed a few best mobile apps for CBD. Let’s have a look at some of the best mobile apps of CBD.

1 Releaf App:
Releaf is a patent app that is used to track down the live medical sessions of cannabis. It is one of the best mobile apps for CBD-related products. This app also allows you to know how a certain amount of CBD is helping you. This one is great because you can keep track of your symptoms, feelings, doses, and how the intake method is helping you during the cannabis medical session. These records are valid and can be used to have a doctor’s opinion on it.

2 Leafly:
The largest cannabis and marijuana website has now its own apps for iOS and Android. With this app, the Soul CBD users will be able to know the reviews of different dispensaries and what products are available there. It can give nearby dispensaries locations, what flavors and products they offer and recent development about CBD. It used to be an online database, but the developers decided to make its app to facilitate people.

3 Massroots:
This one contains a whole of information for almost everything about CBD even its effect on your insurance policy. It can be considered as the social networking app that has more than 1 million registered users. People can follow their favorite dispensaries, share photos of CBD products, hemp, and others like that. This app lets its users know about the recent news in the industry and let them follow each other. Despite being a high-profile app, it hasn’t been approved by Nasdaq exchange.

4 Healthy Hemp App:
This particular app is the largest distributor of Charlotte’s Web Oil and promotes a healthy lifestyle with cannabis products. Through this app, users can buy authentic industrial hemp products. This one educates its consumers about CBD products and how much dose is enough to let the pain go. So, if you are a beginner in CBD, this app could guide you to the right CBD product and the right dose.

Best Lawyer Mobile Apps

mobile apps

Market these days is greatly influenced by digital technologies. The advent of the internet and mobile has revolutionized our lifestyle. We must say that the 21st century is all about conveniences, and the efficiencies in work can be further improved by using feature-rich apps. Even the attorneys around the world are also making use of mobile apps to ease their work. It helps them to automate their work while ensuring complete comfort to the clients as well.

You may find a variety of lawyer mobile apps in the competitive market; however, it may be difficult to choose the best one to meet your needs. Don’t worry! below we have listed some of the top-rated apps to ease your decision:

Asana:
Asana has a website and an interactive mobile app as well that can maximize your productivity by automating every task. The users can create individual task lists or groups on this platform to meet the deadlines for various activities. It is also possible to view the tasks that are under progress. With this, everyone can stay up to date regarding efforts made by the employees or colleagues. Asana makes coordination efforts more efficient and seamless.

Slack:
Here is another amazing practice management software that is rated high for its in-built chat function. This mobile app permits instant communication between organization members via mobile and desktop versions as well. With this, pregnancy discrimination attorneys also send individual messages to their co-workers. Using this network, the teams can collaborate on the same subjects or specific case types to ensure better outcomes.

Box and Dropbox:
Both these names are widely popular among lawyers. They are useful for document sharing and management so that firms can work paperless. You will be happy to hear that both these platforms are secure and ensure reliable database management. However, it is important to note that these apps are not designed to serve lawyers, specifically; hence, you need to be a little careful. It is better to look for some practice management software that can work in integration with these two apps as well. It will help pregnancy discrimination attorneys enjoy enhanced functionality with higher productivity.

Zapier:
Zapier can be integrated into practice management software or in simple terms; it acts as a middleman between multiple platforms. You can integrate different apps and practice management tools using this app. It means, if your software doesn’t connect directly to the mobile app, Zapier can support better integration. It can improve your work performance by a considerable level.

Evernote:
You might be aware that Evernote is basically a note-taking app that can simplify and automate your notes. However, the best part is that it also allows users to annotate various documents. Pregnancy discrimination attorney can also use it to manage their publications and articles. The automatic sync facility makes it a more comprehensive choice for attorneys. The functionality is suitable for legal professionals and entrepreneurs, as well.

You can choose any of these mobile apps to automate your practices while taking your business to a whole new level.

New CBD App

CBD App

Keeping track of the CBD products you purchase has now become easier thanks to the New World Health Brands (NWHB) CBD cannabis mobile app. For those who enjoy products infused with CBD, having instant access to one of the more popular providers offers options that go beyond your account.

NWHB is certainly not the first company to introduce an app for their products and services, but it does represent another step forward in bringing valuable information to customers.

CBD App

Purpose of the App
With the switch from computer and laptops to smartphones and tablets as the primary source of surfing the web, companies such as NWHB have responded by creating apps designed to market their items competitively.

The app is really a connection or link to the main website that provides access to you from the business itself. This means that any updates, promotions, or information that needs to be delivered can be done so in a timely manner. The apps may be passive or interactive depending on what is needed. It’s also not surprising giving the competitive nature of this industry that companies such as NWHB are producing apps so quickly.

While apps are commonplace, they are really taking hold in the CBD and cannabis industry which has grown considerably just in the past few years. Being one of the hottest industries today, the introduction of the app provides access to customers who may want more information for their purchases.

CBD App

How the Cannabis Mobile App Works for You
Apps are used by consumers to keep track of their purchases, access their account, and pay any bills that might be required. However, the app also contains additional information that will help you in other ways.

Updates: When new CBD products are introduced, you will be the first to know thanks to this remarkable app by NWHB. Given the popularity of cannabis and CBD items, it can be difficult to stay informed about any new products that become available. This app will not only inform you of what is new, but also any changes in policies, or regulations that apply to the industry that may affect you.

CBD App

Promotions: Of course, the most prominent reason that most people sign up for apps no matter the company is to become aware of special promotions and discounts when they become available. Given the competitiveness of the market, such promotions are frequent and often short in duration. This means to take advantage you will need to stay informed about what is going on sale.

Special promotions may include new products or older ones that may be overstocked or discontinued. Whatever the case, knowing which products are on sale can help you make the best-informed decision about what to purchase.

The cannabis mobile app by NWHD provides you with valuable information along with discount of CBD products carried by the company. This means that you become aware of new products faster, stay informed about special promotions, and enjoy coupons or discounts on popular items. There is no downside to having this app on your smartphone.

New Jersey as the Silicon Valley of Marijuana

nj marijuana dispensary
nj marijuana dispensary

In any industry, when a place is called the “Silicon Valley” it is usually a lofty praise that will ultimately disappoint. However, this may not be the case of New Jersey which is being called the Silicon Valley of Marijuana.

Many industry experts are referring to New Jersey as the Silicon Valley for cannabis. Everyone is appreciating the major expansion of the medical marijuana program of the state and offering support for its legalization of recreational cannabis in the near future.

In a recent interview with Rolling Stone, the CEO of 1906 Edibles Peter Barsoom stated that New Jersey has the potential to be the Silicon Valley of the cannabis business.

Why New Jersey?

There are several reasons why New Jersey is being called the Silicon Valley of marijuana. Following are some of the top reasons:

Unique Demographic

The unique demographic of New Jersey has certain advantages of over any other west coast state that has already legalized cannabis. Since it is located simply throughout from New York, New Jersey is far more high functioning and prosperous. With the legalization of cannabis, the state will become the hub of marijuana industry in the country.

Potential for Scientific Analysis

nj marijuana dispensary

New Jersey is home to some of the most prestigious analysis amenities and universities in the country. Because of this, the potential for scientific analysis and tutorial on the topic will be great if marijuana is legalized in the state. New Jersey has the potential to become a hub for marijuana know-how and analysis.

It’s a New Marketplace for Marijuana

New Jersey is completely different from other states in a way that marijuana is new to them. Other states have had a cannabis marketplace for years as the cannabis for medical use was legalized years ago. In contrast, New Jersey is a new marketplace for marijuana and presents new opportunities and potential for businesses such as NJ marijuana dispensary, cannabis edibles businesses, etc.

Cannabis Legalization in NJ Will Be a Boost for the Cannabis Industry

New Jersey is located near Pennsylvania and New York, two states that have relatively limited medical cannabis programs. If the recreational marijuana is legalized in New Jersey before New York, the cannabis industry will see a huge boost as a lot of consumers, producers, and entrepreneurs alike will flood their neighboring state to buy legal cannabis.

A Prime Location for Medical Marijuana Advancement

nj marijuana dispensary

Another reason New Jersey is loved by the experts in the marijuana industry is that the state is home to several biotech and pharmaceutical companies, as well as many medical research facilities. These key companies and facilities make NJ a prime location for the medical marijuana advancement.

So, if you are looking for great opportunities for a NJ marijuana dispensary or your cannabis edibles business, perhaps New Jersey is actually the place to be.

Are the Benefits Unique to New Jersey?

New Jersey is unique in a way that other states have cannabis market with legacy stoner culture and they had to struggle to overcome it. California for example, had an uneven gray market for many years and they have struggled to transition from that to a regulated marijuana market. New Jersey on the other hand, has no strong ‘stoner culture’. Instead, it has an insignificant current market so there are many opportunities to start from scratch. The potential for cannabis edibles industry growth in NJ is great.

The Potential for Cannabis Industry Growth in New Jersey

The potential for marijuana growth in NJ is great. According to a 2018 estimate, if marijuana is legalized in the state, it would create a new $850 million industry for NJ. The industry is expected to produce thousands of direct jobs in the state – NJ marijuana dispensary workers, processors, and growers – and an equal number of secondary jobs, including home-delivery couriers, technology and software consultants, compliance experts, real estate professionals, security personnel, community-relationship managers, lobbyists, lawyers, chefs, and accountants.

The Bottom Line

Legalization is tough as the laws vary from one state to another. But that hasn’t stopped cannabis business owners and entrepreneurs across the country to dive into the cannabis market. There are many things a cannabis company has to take into account when looking to establish in a new state like NJ. And as the legalization spreads, established marijuana companies in states where marijuana is legalized are looking to expand – particularly to New Jersey and the rest of the East Coast, which is expected to legalize cannabis in the near future.

Investors Eye New Jersey Marijuana Businesses

nj marijuana dispensary
nj marijuana dispensary

Marijuana is a substance that is still illegal in New Jersey under the federal law, which means that federally insured, large banks don’t handle cannabis transactions. This may seem discouraging to investors who are looking to invest in NJ marijuana companies and businesses. Even though the cannabis industry presents a $75 billion investment opportunity to investors, cannabis investment is not for the sensitive of wallets or weak of heart. The investment opportunities in the state are ideal for pioneers and thrill-seekers. Investing in NJ marijuana dispensary or other similar cannabis business is basically a gold rush which will yield a lot of profits, but not everyone who invests is going to win.

Investors Eye NJ Marijuana Businesses

New Jersey is a prime location for the advancement of the cannabis marketplace. Gov. Phil Murphy is one of the key supporters of adult-use marijuana legalization in New Jersey. He estimates that the cannabis market could reach $1.2 billion. Because of this projection of the industry, lobbyists for legal marijuana in the state are encouraging investors to commit their money to ancillary and real estate industries like greenhouses that would serve the cannabis industry greatly.

Marijuana Business Largely Cash-Only

The projections by analysts regarding the success of the marijuana industry haven’t always met reality. Murphy is projecting $300 million a year in NJ tax revenue from cannabis, which assumes $1.2 billion in sales at a 25% tax rate. Brach Eichler, a Roseland law firm, projected about $1 billion a year in tax revenue to NJ from legal marijuana sales – which would be way ahead of the combined tax windfalls to Washington and Colorado, the first two states to legalize adult use of cannabis.

Because of the federal banking laws, all of the money that is flowing into the cannabis industry still largely uses cash. Any bank that is chartered by the federal government cannot handle money from cannabis businesses and such businesses usually operate with cash payments. John Chiang, California Treasurer, has proposed a state-run bank that could serve the ever-expanding cannabis industry. This idea is widely supported in New Jersey.

Want to Invest in NJ Cannabis Businesses? It Won’t Be Easy

nj marijuana dispensary

New Jersey is primed to be among the top places for a growing marijuana marketplace as it is on the cusp of legalizing marijuana. With less than a quarter of the 350 licenses required to ensure that the new cannabis market of the state doesn’t fall flat and about 80 licenses to divvy up, NJ has the potential to become one of the toughest regulators in the country.

If you are looking to invest in marijuana companies or establish NJ marijuana dispensary, you will be required to submit ‘merit-based application’. The story is a bit different in Colorado and Oregon, where municipal approval all but guarantees that an investor or retailer will receive a state license to sell marijuana. In NJ, applications will be scored on their:
• Real estate location, including a signed notice, lease, or deed from a town that indicates marijuana sales will be permitted.
• Business history, giving applicants an opportunity to show regulators what makes their team different.
• Security plan, including cameras as well as areas where marijuana will be securely stored.
• Operations plan, where the experience of the applicant in the cannabis industry – especially in other states – will play a role.

And it’s a one-strike rule which means there is no margin for error. One mistake – a DUI arrest by any team member applying for the license or a bad loan – spells doom for an application, on the basis of his experience in other states that have legalized marijuana.

The Bottom Line

nj marijuana dispensary

The market for investors looking to establish NJ marijuana dispensary or investing in other marijuana companies may seem quite challenging. However, the cutthroat nature of the cannabis industry has done little to discourage investors from looking into the marijuana industry as the next big thing.

Clearing a location is one of the most obvious hurdles for investors in NJ. An application with a commitment from a marijuana-friendly state has a higher chance to get a license as opposed to a similar application in a state that hasn’t taken a stance on the issue. New Jersey would join several states soon to legalize adult use marijuana, opening its doors to investors and entrepreneurs who live within a day’s drive of legal marijuana. It will present many opportunities for investors, marijuana companies, and producers alike by becoming the 10th state to legalize recreational cannabis.

PillPack Accused of Illicitly Obtaining Patient Data

Rx Apps

As per a recent report published in The Wall Street Journal, PillPack, the online pharmacy of Amazon is accused of releasing patient data to third parties.

Surescripts, a company that offers tech to route prescriptions, filed a complaint against PillPack for indiscretion; they revealed this information via a news release.

Amazon has recently entered into the healthcare sector, and it is serving a wide range of customers all over the world. PillPack is popular for offering multiple medications to the customers that are labeled and separated as per time and date. Hence, patients need not worry about remembering dosage and days for their medications; PillPack simplifies the treatment process up to a great extent with special rx discount.

Note that, PillPack makes use of third-party software vendor named as ReMy Health to collect essential medication histories from potential customers. The issue over unauthorized access to patient data is raised by Surescript, and they have referred the case to the Fedeal Bureau of Investigation (FBI).

It is worth to know that prescription drug market at present has reached the value of $424 billion. There are many well-established companies that act as gatekeepers to this medical health industry with Rx apps. Hence, newcomers rarely find a way to enter into the competition or to avail access to the essential information from this extensive network.

Hospitals and doctors keep on buying patient data from Surescripts with rx discount. This company is owned by the Express Scripts, CVS Health, National Community Pharmacists Association (NCPA) and National Association of Chain Drug Stores (NACDS). They are big names in the list of biggest RX benefit holders in the country. Currently, they are serving more than 175 million people with their health care facilities online. It is worth mentioning that consortium also manages a large mail order pharmacy.

Evercore ISI Analyst, Michael Newshel recently revealed that the major competition in the market is due to Amazon trying to enter this industry. The true fact is that the existing big giants don’t want to make it so easy for a newcomer.

Reports reveal that access to Surescript data from PillPack is paramount due to the nature of the business. In order to serve customers with higher accuracy and reliable medicines alternatives; PillPack not just need partial rather full access to prescription information and RX Apps. Such details are important to ensure that the company provides the most suitable medications to the patients; the combinations should not interact in their body to cause some side effect.

Jacquelyn Miller, PillPack Spokeswoman recently said that the main question in this war is that whether Surescripts will provide access to medication history of the customers or not; if they are not interested in doing so, it is important to give a solid reason for that.

Medications purchase composition with two hands buyer and seller in flat style vector illustration

On the other side, Surescript says that they have never allowed any access to patient data to PillPack. The Surescript CEO also mentioned that they had not signed any agreement with PillPack for offering any kind of medical history on RX Apps.

In the meanwhile, ReMy said that probably the company’s decision for this war is financially motivated and they are doing so as a part of rx discount market strategy.

CAN NEW JERSEY ATTRACT Marijuana TECH COMPANIES?

nj marijuana dispensary
cannabis edibles

While the growth of the U.S. marijuana market owes fundamentally to consumer demand, the use of technology in spreading access to it also plays a key part in its success. Entrepreneurs have developed innovative ways of crafting and distributing cannabis products such as cannabis edibles, vapes, etc. by incorporating technology to its processes. With New Jersey on the cusp of legalizing marijuana, the state has the potential to attract many marijuana tech companies.

The State of Tech and Marijuana

Given the great market potential of marijuana and cannabis edibles, it’s not surprising to learn that tech companies have already infiltrated the marijuana industry. Marijuana is popular enough that dispensaries like NJ marijuana dispensary now operate authentic businesses using tools that are quite similar to the ones you would find in more traditional companies.

For instance, Flowhub is an innovative system that allows dealers to sell cannabis in compliance with legal standards. The system also offers a dedicated enterprise resource planning function facilitating both customer relationship and inventory management. Applications such as Baker and Reefer provide dispensaries like NJ marijuana dispensary with loyalty rewards programs. Cannatech companies use automation tech and AI to grow marijuana.

If marijuana is legalized in New Jersey, you can surely expect to see NJ cannabis market become a hotbed for technological innovations. The number of marijuana tech companies in New Jersey will certainly increase as entrepreneurs become comfortable investing around marijuana. Tech will revolutionize the cannabis ecosystem for consumers, distributors, and producers alike.

Many Tech Firms Are Eager to Come to New Jersey

cannabis edibles

Although it is very clear that Cannatech companies like Grownetics – that use AI and automation technology to grow cannabis – are eager to come to New Jersey, it will probably take some time before they actually establish themselves in the state. The main reason behind it is of course the wait for the cannabis legalization that will expand the availability of medical marijuana and legalize the adult recreational marijuana use. Once such companies establish in NJ, cannabis edibles growers can expect reduced operational costs, lower energy use, and improved security, making a healthy, more profitable NJ cannabis market.

Although Cannatech companies may not be willing to enter the NJ cannabis market yet, there are some enterprises that aren’t waiting for the cannabis legalization in the state to start their marijuana-related business activities. Applied Cannabis Sciences of New Jersey is one such company. Based on Woodland Park, ACS has recently made a deal with a Canadian-based investment firm.

Earlier this year, Applied Cannabis Sciences of New Jersey announced that it would file an application with the state’s department of health to establish and operate marijuana businesses. Apart from ACS, there are many other tech firms that are eager to enter the New Jersey’s cannabis market and it’s only a matter of time before every NJ marijuana dispensary is equipped with innovative tech, making New Jersey’s marijuana market an attractive one for consumers.

The Future of Marijuana Innovation

cannabis edibles

Innovation has started to outpace marijuana legalization as tech companies make groundbreaking studies in developing applications for cannabis. For instance, Kalytera is studying how CBD could be used to target diseases such as osteoporosis and obesity. The findings of such studies could revolutionize how people deal with chronic pain and illness.

Tech firms are also experimenting with improvements in cannabis-growing processes. Marijuana is a picky crop, so the ability to improve the growing process could generate far superior products. Apart from this, several tech companies are devising energy-efficient, smart systems that automatically adjust the cannabis growth environments according to changes in sunlight, temperature, and moisture. In the meantime, data-capture technologies allow growers to find the best conditions for their plants, leading to better-quality and larger yields.

Technology will play a great role in ensuring efficiency, consistency, and quality on the production side. Several startups like Teewinoit Life Sciences are already focusing on offering a scientific, tech-enabled approach to mass scientific distribution and production of marijuana.

The Bottom Line

cannabis edibles

As the marijuana industry expands, the opportunity for growth are extensive and diverse. Tech companies will certainly spur that growth, revolutionizing customer experiences, crop development, and medicine. The drive created by marijuana legalization will transform a once-forbidden drug into a mainstream product, and the tech world will benefit from it greatly.

However, the success of tech implementation in the cannabis industry relies heavily on cannabis legalization in more states. New Jersey is likely to be the next state to legalize adult-use cannabis and hence holds the potential to attract numerous marijuana tech companies in the future.