Channelnomics Original
Canadian Nerds Push Cannabis IT Package
Nerds on Site pushes Cannabis IT in-a-Box package, expands into burgeoning marijuana tech market
Channelnomics Staff
Looking to get high on the rapidly expanding marijuana market, Canada-based technology support company Nerds on Site filed for a trademark of its "Cannabis IT in-a-Box" solution, which enables its franchisees to provide a quick and comprehensive start-up package to dispensary operators.
The Lowdown: Nerds on Site recently signed its first Cannabis IT in-a-Box customer, Northern Lights Supply in Alberta. Since then, the Toronto-based company reports increasing demand for its pre-packaged marijuana outlet solution. Since Canada and 33 U.S. states legalized recreational and medicinal use, marijuana cultivation, distribution, testing, and retail have sprouted up all over North America. The U.S. marijuana market is projected to top $24 billion annually by 2025.
The Details: Cannabis IT in-a-Box includes inventory tracking and point-of-sale systems, physical security and on-premises video monitoring, physical and digital access control solutions, network monitoring and management, IT security and support, Web site and e-commerce development, data backup and recovery services, and IT support for existing systems.
The Impact: Somewhat related to the Cannabis IT in-a-Box launch and trademark application is Nerds on Site's expansion into Arizona. The company announced the addition of six new franchises in the Grand Canyon State, where medical marijuana is legal and legislatures are considering allowing recreational usage.
The Buzz: "We have had an outpouring of interest in the Cannabis IT in-a-Box solution since we announced it and signed our first client in the last couple of weeks," said Charles Regan, CEO of Nerds on Site. "Filing the trademark is a necessary step in the progression of the buildout."
"This is an ideal solution for our start-up retail operation," said Derek Shields, president and CEO of Northern Lights Supply. "The Cannabis IT in-a-Box concept is exactly what we needed to ensure, as a small business, that we have the resources and expertise of a highly sophisticated operation when it comes to best practices and applications for our information technology."
CHANNELNOMICS: Cannabis Tech a Growth Opportunity