How Microsoft Will Help To Track Legalised Marijuana Sales
Marijuana is a combination of shredded leaves, stems and flower buds of the Cannabis sativa plant.
It is one of the oldest psychoactive substances used by man.
The intoxicating chemical in marijuana is tetrahydracannabinol, or THC.It binds to cannabinoid receptors throughout the body, and this binding in turn triggers a chemical cascade that eventually stimulates the production of dopamine, a brain chemical often called the “feel good chemical,” and results in a postion known as marijuana’s “high”.
Short-term use of the drug impairs thinking and coordination, and in long-term this intoxicating seed can be linked to mental illnesses such as schizophrenia.Research shows that continuous use of this weed can have an adverse effect especially on men’s health. Infact male smokers could be courting sexual dysfunction.
Recently, an anxiolytic constituent of marijuana called Cannabidiol (CBD) has been found to be having medicinal usage.It can help in treatment of diseases like multiple sclerosis, Crohn’s disease, epilepsy, anxiety,cancer etc.
Countries around the world have different laws about the use of cannabis recreationally and medicinally. There are also different regulations for possession and sale of the drug.
Cannabis is decriminalized in many countries, meaning it’s prohibited but is not considered a criminal offence and would merit minor penalties.
Microsoft alongwith a California based technology start-up , Kind Financial will work to make cannabis compliance easy.Its seed-to-sale tracking and compliance platform will help to legalise the seed. Together, the KIND platform provides an end-to-end solution to close the loop between marijuana-related businesses and financial institutions.