We’ve had a busy few months here at Odava and we are excited about the progress of Odava Retail and the traction we’re seeing with customers.
Our biggest focus on Odava Retail recently has been refining inventory management and general reporting, both compliance and accounting. The more time we spend with our customers and showing them the product the more excited they get. We are also very excited to be offering a means to migrate from MJ Freeway or BioTrack as part of our signup for new customers. This allows potential customers to try-before-buy and see what their existing data will look like in the Odava platform.
We’re also going to be launching our menu systems later this quarter that allow a web-based and in-store menu that automatically pulls from your inventory. With some basic customization, we can even brand your menus so that you get to tell your story and better communicate with the consumers looking to visit your shops or buy your products.
Odava Grow continues to come along and we’re targeting a Fall release date. While we won’t be offering a complete grow management solution (i.e. no fertilization tracking, etc) we will have the means to track your plants for Oregon’s seed-to-sale tracking system Metrc. In addition, we have built hooks into Odava Retail that allow for ease of transfer of product to retailers as well as general inventory monitoring with the permission of those retailers so you can better understand the needs of the retailers you are providing product to. If you’re interested in learning more about Odava Grow, please get in touch and we’ll sign you up for the beta program to get early access.
Compliance in Oregon
The rules continue to change across the board for reporting in Oregon. The Oregon Health Authority announced several new reports that are now due on 7/31/2016 but will be due for the previous month moving forward by at least the 10th of the following month. These are non-trivial reports for tracking product in and out to medical marijuana patients and most existing systems do not support these as of yet.
In addition to the OHA medical marijuana reports, recreational retailers also have to provide a listing of birthdates to the OHA on a quarterly basis. Also, the Department of Revenue (DOR) requires a proof of tax payments per store as well. The OLCC will also require several reports although those are as of yet defined.
One of the keys for us at Odava is to deliver these types of reports quickly and effortlessly with our platform. In our web dashboard that is available from any computer you will be able to get a listing of each of the reports that are required, generate them and see what is due when so that you remain in compliance.
Polling Shows Strong Support for Marijuana Legalization Nationally in 2016 - The opportunity nationally for marijuana continues to grow at a break neck speed and we’re hoping to capitalize on that - https://massroots.com/blog/polling-shows-strong-support-for-marijuana-legalization-in-2016
Legal US Marijuana Market Will Grow to $7.1B in 2016 - It seems like every report on market size is eclipsed by the next and fortunately its all based on actual data - http://www.forbes.com/sites/katiesola/2016/04/19/legal-u-s-marijuana-market-will-grow-to-7-1-billion-in-2016-report/
Overview: States Voting on Recreational Marijuana Laws in 2016 - More about the drive to legalization for recreational marijuana. We’re convinced that things get really, really interesting should California or Florida fall in this election - https://massroots.com/blog/overview-states-voting-on-recreational-marijuana-laws-in-2016