Retail POS Service Green Bits Wants to Revolutionize the Budding Marijuana Industry
With the sale of marijuana either for recreational or medicinal purposes becoming legal in more and more states, new and existing retailers are struggling to find ways to keep track of inventory while remaining compliant with various state and federal laws.
Former Outright co-founders, a cloud-based financial management application, are tackling this problem with their next venture, Green Bits. Green Bits launched in the Startup Battlefield at Disrupt 2015 and is an iPad-based pot-focused point of sale (POS) solution.
Green Bits is designed to integrate seamlessly into a store’s workflow to help them meet customer demands with speed, accuracy and, perhaps most importantly, automated compliance, by integrating with the WSLCB Traceability API.
Green Bits has achieved a 376 percent growth rate in the past year, and now serves 60 percent of all pot shops in Washington state, including all 10 of the top-revenue-generating...
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