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Welcome to the Cannablog

Microsoft has announced this week that they are partnering with LA-based cannabis software company Kind Financial. This company creates software that tracks plants throughout their entire cycle, and Microsoft is the first major corporation to make the dive into the Cannabis business.

Microsoft will not be getting near the growers or dispensaries, they will instead be working with the government divisions. Working with Kind’s “government solutions” and offering software to state or local governments building compliance systems.

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The Cannabis industry is booming, And Wall Street is investing, and yet the wheels of government refuse to spin. This lack of action isn’t particularly surprising to anyone, but when you see so much growth in a new market you’d expect politicians to start to give to this new special interest(or at least try to placate to). In this piece, we’ll look at why we are all still waiting and why wall street isn’t.

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