Simplifya further grows by expanding their footprint to 29 states and launches a cannabis compliance suite located in Rhode Island.
Simplifya, a leading regulatory and operational software platform and operational compliance software platform within the cannabis industry, recently issued a press release (1) where they disclosed that the company has expanded their business to 29 states and launched their cannabis compliance suite to help businesses in Rhode Island.
The software and compliance platform company offers a variety of products. Some of those services include self audit, standard operating procedures (SOPs), smart cabinet, and license tracker (1). All these items were created to assist cannabis businesses in managing risks in a cost-effective manner and to stay compliant under Rhode Island state law.
“The Ocean State’s new adult-use market holds significant opportunity, but as it evolves, regulations will become more complex,” said Marion Mariathasan, Simplifya CEO and cofounder, in the press release (1). “Our RegTech suite enables operators and ancillary businesses to easily stay on top of compliance issues, mitigate risk, and reduce pain points. Simplifya’s team of experts stand at the ready to make real-time updates as new measures occur, so businesses can protect their most valuable assets – licenses. Our solutions also help cut costs and create more efficient operations, which is especially important for companies establishing footing in a nascent market.”
In Rhode Island, cannabis-related businesses and operators are able to receive 70% off the cost of the company’s core solutions when they sign up (1). This offering was created through Simplifya’s partnership with the Risk Mitigation Alliance (RMA), an organization that is able to give larger access to a conglomerate of vetted risk mitigation companies who provide bundled and discounted services which include legal, insurance, lending, banking, operational compliance, payments, and payroll under one contract.
To learn more about Simplifya’s offerings, please visit: https://www.simplifya.com.
Reference
Ep 24, Part II: Data Transparency in Cannabis Testing with Yasha Khan
December 12th 2024Evan Friedmann and Yasha Kahn, co-founder of MCR Labs, discuss the discrepancies between current regulations and data on mycotoxins and pesticides in cannabis products. They highlight the need for updated regulations based on new data, emphasizing the importance of accurate testing and labeling. They also discuss the issue of result manipulation, particularly in THC content, and the need for public health officials to address this. Yasha suggests making testing data public to enhance oversight and suggests a national entity to manage this data for better consistency and public safety.
Ep 24, Part I: Data Transparency in Cannabis Testing with Yasha Khan
November 21st 2024Evan Friedmann interviews Yasha Khan, co-founder of MCR Labs, about his journey into the cannabis industry and his efforts to promote transparency and integrity in laboratory practices. Yasha discusses the origins of MCR Labs, which began in Massachusetts to meet the needs of the soon-to-be legal medical cannabis market. He explains the challenges faced, including result manipulation by labs and the impact on public health. Yasha's Freedom of Information Act (FOIA) project aimed to gather testing data from 37 states, revealed significant discrepancies in potency and mold results. Despite some states' reluctance to share data, Yasha has made much of this data public, leading to collaborative research and publications on various aspects of cannabis testing.