DENVER, Feb. 9, 2016 /PRNewswire/ -- Colorado Cannabis Company - owner and operator of fifteen (15) medical and recreational cannabis licenses, with retail outlets operating under the Pure Marijuana Dispensary brand - announced today it has signed a licensing agreement to utilize Adherence Compliance's SCORE App and Enterprise Compliance Platform (ECP) to manage cannabis compliance.
The agreement provides unlimited use of the SCORE software application, automated regulatory and financial compliance updates for federal, state and local requirements along with recurring detailed compliance reports and license-based risk scores.
"Adherence's SCORE App allows Colorado Cannabis Company to effectively automate regulatory and financial compliance on all of our operational licenses. We can routinely and efficiently evaluate our 15 licenses and immediately focus on any non-compliance items. Adherence's software is a natural fit for our evolving business," said Frank Quattrone, CEO of both Colorado Cannabis Company and Pure Marijuana Dispensaries.
"We are thrilled to partner with the Colorado Cannabis Company team and provide our innovative cannabis compliance solution. The Colorado Cannabis Company will be able to further strengthen regulatory and financial compliance for all of its licenses, along with quantifying and mitigating operational risk. Compliance audits from third parties can be expensive. The cost savings by utilizing our SCORE App internally are significant," said Steve Owens, CEO of Adherence Compliance. "As marijuana businesses continue to grow and expand, regulatory and financial compliance becomes increasingly difficult to monitor and proactively manage at local, state and federal levels."
The license agreement is part of Adherence Compliance's Owner/Operator Program that provides the SCORE App to medical and recreational businesses. License operators utilize the software to perform self-assessments and manage compliance on operational marijuana licenses.
About Colorado Cannabis Company & Pure Marijuana Dispensaries
As Colorado's premier concentrates and extract company, Colorado Cannabis Company focuses exclusively on scientifically produced and tested marijuana and marijuana infused products of the highest quality. Through rigorous quality control and assurance, we ensure each individual patient/customer that experiences our products is getting the world's best cannabis. Cannabis is the medium, and Colorado Cannabis Company is the vehicle to educate everyone about clean, safe and accurately dosed cannabis. For more information, contact 303-954-8059 or firstname.lastname@example.org.
At Pure, our mission is to help our patients/customers feel truly cared for, valued and respected. We are committed to delivering the most consistent, best quality cannabis in the market. We've built state-of-the-art grow facilities, incorporating vertical farming and automated systems to enable Pure to control the perfect growing environment. For more information, contact 303-954-8059 or email@example.com.
About Adherence Compliance
Adherence Compliance, the global leader in regulatory and financial compliance software for the cannabis market, developed the industry's first license-based risk score in June 2014. Since then, our SCORE App has delivered more than 350 audits across the country. We offer Owner/Operator, Banking, Insurance, Regulatory and Certified Reseller Compliance Programs via our secure cloud-based Enterprise Compliance Platform.
SOURCE Adherence Compliance