FinCanna Portfolio Company ezGreen Compliance Receives Endorsement in Maryland ezGreen Becoming Recognized as “Best-in-Class” for its HIPAA Compliant Point-of-Sale Solution
FinCanna Portfolio Company ezGreen Compliance Receives Endorsement in
Maryland
ezGreen Becoming Recognized as “Best-in-Class” for its HIPAA Compliant Point-of-Sale Solution
VANCOUVER, British Columbia, Aug. 14, 2019 -- FinCanna Capital Corp. (“FinCanna”) (CSE: CALI) (OTCQB: FNNZF) a
royalty company for the U.S. licensed cannabis industry, is pleased to announce that it’s portfolio company ezGreen
Compliance has received endorsement from Dr. Francisco A. Ward D.O., Co-Chairman of the Maryland State Medical Society ,
medical cannabis task force, for its Point of Sale (POS) solution. ezGreen, designed by medical, data and security
professionals provides state-of-the-art enterprise compliance POS software solutions for licensed cannabis dispensaries in the
United States.
Dr. Ward whose areas of specialization include Pain Medicine has been involved in the Medical Cannabis industry as a
physician since its onset. In a recent interview , Dr. Ward said that his interest is in protecting doctors and patients
participating in the cannabis wellness market to comply with “medical and legal standards” required by HIPAA. He pointed out
that ezGreen Compliance is a product that was created to address these important issues.
Specifically developed to address the needs of the licensed cannabis Industry, ezGreen Compliance is HIPAA 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.
Additionally, ezGreen has become a member of the Maryland Medical Dispensary Association (MDMDA) whose purpose it is
to support the common interests and goals of Medical Cannabis Dispensaries in the state with the mission to provide the
safest and most secure way for Maryland patients to access Medical Cannabis.
Mike Coner, President of ezGreen stated, “the endorsement from an established and experienced medical doctor of the
stature of Dr. Ward is a validation of everything ezGreen represents. HIPAA compliance is on its way and we are ready.“
Compliance is a major issue for cannabis dispensaries and businesses that collect confidential patient information as fines
arising from violations of HIPAA can be significant. Depending on a dispensary’s level of negligence, fines can be as high as
US$50,000 per violation for a maximum penalty of US$1.5 million.
“This endorsement from a respected medical professional further supports ezGreen as a “best in class” provider of compliant
Point of Sale software,” said Andriyko Herchak, CEO of FinCanna Capital. “ezGreen delivers a “must have” solution that
appears to be very well positioned as they begin their roll out in the Maryland market.”
Maryland's medical marijuana program became operational in Dec. 2017 recording more than 2 million transactions during the
first year to total ~ $95 million in sales. That total surpassed first-year cannabis sales in Illinois, Massachusetts and New
York, combined. An initial patient base of nearly 11,000 grew 191% over seven months , finishing out 2018 with more than
50,000 certified patients. State regulators expect the patient base to grow to 200,000 . Maryland began medical sales with 10
dispensaries and ended the year (2018) with 71. (Marijuana Business Daily, Jan. 2019)
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 cannabis dispensaries. 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
Cautionary Note Regarding Forward-Looking Statements
Forward-Looking Information
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-
looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often
address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without
limitation, statements about the market for, and effectiveness of, ezGreen software, the ability of ezGreen Compliance to
expand operations and generate sales and revenues, FinCanna’s ability to fund and source future projects, and FinCanna’s
ability to earn and realize revenues from its investee companies. By their nature, forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or
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