FinCanna Portfolio Company ezGreen, Completes Integration with Metrc in 6 U.S. States ezGreen’s Point-of-Sale solution designed by medical, data and security professionals now sanctioned by Cannabis Control Commissions in 6 States
FinCanna Portfolio Company ezGreen, Completes Integration with Metrc in 6
U.S. States
ezGreen’s Point-of-Sale solution designed by medical, data and security professionals now sanctioned by
Cannabis Control Commissions in 6 States
VANCOUVER, British Columbia, May 09, 2019 -- FinCanna Capital Corp. (“FinCanna”) (CSE: CALI) (OTCQB: FNNZF) a
royalty company for the U.S. licensed cannabis industry, announces that its portfolio company ezGreen Compliance
(“ezGreen”) has completed its integration with Marijuana Tracking Enforcement Compliance (“Metrc”) for the states of
California, Colorado, Maryland, Massachusetts, Montana and Oregon. ezGreen provides state-of-the-art enterprise compliance
and Point-of-Sale (POS) software solutions for licensed cannabis dispensaries in the United States.
Compliance with Metrc is mandatory for all California cannabis permanent licensees . Licensees, to remain
compliant must migrate their current product inventory on to the Metrc platform enabling the tracking and reporting of cannabis
and cannabis products as they move through the commercial cannabis supply chain. ezGreen’s POS software supports and
simplifies the maintenance of accurate reporting, inventory control and taxation requirements for licensees seeking to remain
compliant.
With this integration, ezGreen becomes the first Point-of-Sale solution designed by medical, data and security professionals
to be sanctioned by Cannabis Control Commissions in 6 States, with applications for certification made for the remaining
Metrc States. This integration with Metrc allows ezGreen customers to substantially reduce their time and costs associated
with managing product information and client data, in a fully compliant state-by-state environment.
Specifically developed to address the needs of the licensed cannabis Industry, ezGreen Compliance is a Health Insurance
Portability and Accountability Act (HIPAA) certified POS solution developed and supported by Automated HealthCare
Solutions (AHCS). AHCS is a leading point-of-care tracking and dispensing software solution developed over the past 17 years
which currently supports 3,500+ active physician operated clinics and dispensaries, all while maintaining HIPAA compliance
following essential Health and Human Services standards in the United States.
Metrc is a turnkey regulatory compliance system that provides, tracking and tracing specifically designed for government
agencies regulating legalized marijuana. Metrc covers a substantial portion of the legal U.S. cannabis market having won
exclusive seed-to-sale tracking contracts with twelve states, which include over 5,700 retail dispensary licenses available in
their geographic coverage. Cannabiz Media.
“Cannabis industry data standards are increasingly mirroring the pharmaceutical industry’s patient data security protocols,”
said Mike Coner, President of ezGreen. “Our POS solution delivers data security and integrates with any technology platform
which supports operators in streamlining their operations and lowering costs related to double data entry. ezGreen also
provides fully customized reporting and real time data analytics enabling businesses to make more effective decisions. With
our recent integration with Metrc we are now able to deliver a complete compliance and data management solution.”
“We see this integration as the missing link that combines the Seed-to-Sale power of Metrc with the equally powerful Sale-to-
State tracking and reporting delivered by ezGreen,” said Andriyko Herchak, CEO of FinCanna Capital. “Compliant operations
and reporting is a “must have” for retailers and dispensaries, and this integration with Metrc positions ezGreen as a leader in
the space. We anticipate strong performance from ezGreen going forward as they continue to strategically expand their
market opportunity.”
Integrated via Application Programming Interface (API) with Metrc, ezGreen is now positioned to provide its POS solution to
cannabis operators throughout the 6 states as a complete and comprehensive compliance and business information solution.
This combined solution links the strengths of the Metrc technology which provides aggregate data regarding cultivation,
production, transportation and sales of cannabis within the regulated model with ezGreen’s strengths as a POS solution that
integrates with Metrc under state specific technology guidelines to protect patient and customer records while offering
dispensaries custom data and analytics.
ezGreen tracks products in real time and is able to instantly identify product related discrepancies at point-of-sale, simplifying
management's ability to immediately identify and resolve any Store-to-State inventory reporting issues. ezGreen’s Point-of-
Sale software also eliminates the need for manual data entry when reporting information to Metrc. As retailers or dispensaries
accept inbound product information on their Metrc portal, the ezGreen information system is activated, automatically batching
and labeling every product prior to sale. This seamless data exchange delivers complete compliance ensuring that products
sold are reported referencing their corresponding product label tracking information versus other standard inventory tracking
methods. For state’s tracking workflows that do not allow integration ezGreen provides its users the ability to generate or
request custom reports, which eliminates further manual entry in Metrc or any other state tracking system.
About Metrc
First deployed in 2013 Metrc is a web-based solution made up of a browser interface and a mobile application for both the
industry and regulatory users that provides end to end tracking and tracing of marijuana plants and products. The backend is
a series of secure Web Services, Database and an Application Programming Interface (API). This solution was specifically
designed for government agencies in charge of legalized marijuana enforcement. Metrc provides the necessary visibility for
adherence to rules, regulations and statues. Currently Metrc is contracted by the following states, Alaska, California,
Colorado, Oregon, Maryland, Michigan, Ohio, Massachusetts, Montana, Nevada, Louisiana and Washington D.C.
For additional information visit https://www.metrc.com .
About ezGreen Compliance
ezGreen Compliance, located in Fort Lauderdale FL, provides through its ezGreen software technology, a proven state-of-the-
art enterprise compliance and Point-of-Sale software solution for licensed medical cannabis dispensaries and cultivators.
Navigating through state-by-state license, tax and compliance issues has been challenging for the legal cannabis industry.
ezGreen Compliance helps its customers comply with both the Health Insurance Portability and Accountability Act (“HIPAA”)
and State Laws by ensuring patients’ confidential data is being handled properly, helping to protect from possible security
breaches and financial and criminal liability resulting from potential violations. For more information around a HIPAA
compliance strategy for the Cannabis industry, please visit www.ezgreencompliance.com.
About FinCanna Capital Corp.
FinCanna is a royalty company that provides growth capital to rapidly emerging private companies operating in the licensed
U.S cannabis industry. The Company earns its revenue from royalties paid by its investee companies that are calculated
based on a percentage of their total revenues.
FinCanna’s scalable royalty model provides an attractive alternative or complement to debt or equity financing for its investee
companies. FinCanna is focused on delivering high-impact returns to its shareholders by way of a strategically diversified
investment portfolio.
For additional information visit www.fincannacapital.com and www.sedar.com.
FinCanna Capital Corp.
Andriyko Herchak, CEO & Director
Investor Relations:
Arlen Hansen
Kin Communications
1-866-684-6730
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