Sunday, June 19, 2016

Microsoft is the first major company to invest in marijuana – EXAME.com

Sao Paulo – More and more states have legalized marijuana in United States and it is natural that major corporations are interested in this market worth billions. Even many people looking askance this kind of investment, some entrepreneurs are betting strong in over this niche.

This is the case of the Microsoft . This week came out in the New York Times that she closed her business with startup Kind, who came up with an application that tracks legal seeds and seedlings for sale for medicinal purposes and recreation.

It works in partnership with government and consumers, facilitating control and ensuring that these developments remain acting in accordance with federal laws.

the software is intended to help the twenty-five states, including the largest, California. Eyeing this promising market, many investors are beginning to see otherwise the canábico planting.

So far, only small banks and instigators deposited some money in this business. With the entry of Microsoft the trend is that this scenario changes.

“We believe there will be significant growth,” said Kimberly Nelson, executive director of state government and local solutions from Microsoft. “There will be more transactions, and we believe we have ways even more sophisticated and new platforms coming up.”

Topics: United States , rich countries , Marijuana , Microsoft , Companies , information technology American companies , technology companies

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