Microsoft Partners With California based Company to Get In On Marijuana Trade

Microsoft have expanded their horizons by getting in on the burgeoning US drug trade.

Known better for producing operating systems and office software, the Redstone based company is helping out the newly (in some states) legalized marijuana industry.

Microsoft has formed a partnership with a California-based technology start-up named Kind Financial, which helps keeps sales data for businesses and government agencies tracking the legalized marijuana market.

Kind has been in business for three years promoting and selling its marijuana tracking software to businesses and government agencies alike.

While the trade continues to grow, as US state after US state has legalized marijuana in one way or another, bigger players and well known brands have stayed away from entering into the market. According to federal law, marijuana is still 100% illegal.

Washington State, where Microsoft is headquartered, and where marijuana is now legal as well, is essentially letting Kind Financial sell MS cloud services directly to authorities so they can better administer and track legal sales. Of course what this means, is that really Microsoft is saved from directly selling to drug farmers, legal, or not.

A spokesman for Kind Financial said:

“Every business that works in the cannabis space, we all clamour for legitimacy. I would like to think that this is the first of many dominoes to fall.”

The legitimate marijuana drug industry has struggled to gain acceptance from the wider business market, with farmers struggling to gain finance or hold bank accounts with national names. It is hoped that with one of the world’s largest tech companies now getting involved perhaps others will follow soon enough.

Comments

Security Alert; Bart Ransomware Bypasses Corporate Firewalls

A new ransomware variant has emerged that’s similar to widespread threats such as Dridex 220 and Locky Affid=3, but uses a security-evading technique that may allow it to attack organisations protected from other malware, according to computer security researchers. Ransomware has spread quickly in the last few months, as a number of payouts have attracted cyber-criminals to the technique.

US Demands Immediate End To South Sudan Fighting

The United States demanded an immediate end to renewed fighting in the capital of South Sudan on Sunday, ordering all non-essential personnel out of the troubled country. "The United States strongly condemns the latest outbreak of fighting in Juba today between forces aligned with President Salva Kiir Mayardit and those aligned with First Vice President Riek Machar Teny, including reports we have that civilian sites may have been attacked," State Department spokesman John Kirby said in a statement.

Prisoner escapes in Benin city

An inmate on Wednesday morning escaped from the court where he was taken to for his trial. The unidentified inmate, escaped from the watchful eyes of prison officials who took him and other inmates to court. The prisoner, an awaiting trial inmate in Oko medium prison, Benin, escaped at the premises of the state high court, Benin. A prison official who spoke with The reporter under the condition of anonymity, said prison warders have been sent to go after the escaped prisoner. Meanwhile, the spokesman of the Edo command of the Nigerian Prison Services (NPS), Mr Aminu Suleiman declined speaking to journalists on it. The spokesman, who could neither deny nor confirm the report, said he was not in a position to speak on the issue. Suleiman said that the state commander of the NPS, Mr Effiom Etowa, was out of the state on official assignment.

Welcome to VinMike's Blog

Search This Blog