US company CannaTech BLAZE® acquires Canadian point-of-sale software company Greenline
BLAZE extends to Canada in strategic move to enter a federally regulated market
NEWPORT BEACH, Calif., May 10, 2022 /PRNewswire/ — Cannabis technology company BLAZE Solutions, Inc. (“BLAZE” or “the Company”) has acquired Vancouverdispensary POS software company Greenline, becoming one of the few cannabis operating software systems in both Canada and in the United States. The acquisition allows BLAZE to better serve its international customers, while allowing the Company to gain experience operating in from Canada federally regulated market.
BLAZE acquires Canadian software company Greenline
“The acquisition of Greenline adds value to potential customers by giving them the opportunity to expand their presence in the United States or Canada using the same software vendor,” said BLAZE CEO Chris Altos. “It’s critical for increasingly sophisticated cannabis retailers in border states like Washington, Illinois, Michigan, New York, Massachusetts and Maine.”
“When I met Chris, I knew his company was planning great things and that we had an aligned vision for the future,” said the CEO of Greenline. Albert Kim. “Our mission has always been to help cannabis retailers grow, and this acquisition allows us to do that on a much larger scale.”
The acquisition of Greenline provides an added advantage for BLAZE customers looking to expand their reach into a new market using the existing platform, while providing Greenline operators with the benefits of the comprehensive, service-focused operating software. BLAZE compliance.
“This acquisition is important to our expansion goals beyond US borders,” Violas said. “Although the Canadian market is federally legal, there are still nuances that we must consider. The acquisition of Greenline allows us to shorten the learning curve.”
BLAZE will roll out this acquisition gradually over the next six months. BLAZE and Greenline will retain their current organizational structures and respective C-level leadership. Greenline’s Canadian retailers should not expect to see any immediate changes with this acquisition, but can expect to see increased innovation moving forward within the BLAZE family.
“As we move into a national market in the United States, BLAZE wants to gain experience in a federally regulated market to better serve our customers when legalization becomes a reality,” Violas said. “This is the first step in our global plan to become the operating system for the cannabis trade worldwide.”
About BLAZE®
BLAZE powers the cannabis industry with intuitive technology solutions. Founded in 2017 by tech entrepreneurs and cannabis company operators, the BLAZE software suite fully supports vertically integrated operations, standalone dispensaries, delivery services, distributors, and growers with an easy-to-use front-end and Robust enterprise level backend. The platform’s start-to-sell software and apps enable businesses across the supply chain to automate compliance reporting and operate securely within tax laws and requirements local. Trading cannabis is effortless with a point-of-sale platform that centralizes operations and combines efficient online ordering, inventory management, and payment processing. BLAZE offers comprehensive APIs and seamlessly integrates with over 60 cannabis technology platforms. Learn more at BLAZE.me
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