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Description
Your business can expand seamlessly with our solution. Monarch provides banking and payment processing services specifically designed for the cannabis sector. A significant reason for the downfall of many cannabis enterprises is not a lack of expertise in business operations, but rather an inability to navigate the compliance regulations that govern this industry. The Monarch platform empowers financial institutions to enhance their deposit bases by enabling fully licensed Hemp/CBD farmers, suppliers, distributors, manufacturers, and dispensaries to establish DDA accounts equipped with essential cash management services. Given the complexities and frequent changes in compliance standards within the Hemp/CBD sector, many businesses struggle to keep up. The Monarch Platform is designed to guide you through these challenges, ensuring you remain compliant with both state and federal laws. It offers comprehensive support, from onboarding clients and merchants to managing ongoing compliance documentation, making Monarch your all-in-one solution for real-time compliance oversight and audit support. With Monarch, you can focus on growing your business while we handle the intricacies of compliance.
Description
OpenTHC offers a comprehensive suite of open-source software designed specifically for cannabis cultivators, processors, laboratories, and retailers. The Lab portal within OpenTHC enhances the communication flow between laboratories, their clients, and regulatory agencies, allowing for seamless sample tracking, results entry, and submission of Certificates of Analysis (COAs) to both customers and state regulators. Users can manage their retail operations efficiently with the Point-of-Sale system that features in-store menus, loyalty programs, and intuitive inventory management—all at a significantly lower cost than current alternatives. The platform also empowers users to uncover valuable insights through advanced reporting and analytics capabilities, fostering enhanced production efficiency, profitability tracking, and inventory analysis while identifying new opportunities with customers. With a solid five years of experience in adapting to a constantly changing regulatory environment, OpenTHC is well-equipped to offer regulators innovative perspectives that can aid in developing legislation that prioritizes transparency, security, and reliability within the industry. Additionally, OpenTHC's commitment to the cannabis sector is evident in its ongoing efforts to support both businesses and regulatory bodies in achieving their goals.
API Access
Has API
No
API Access
Has API
No
Integrations
SpencerMetrics CONNECT
No
Pricing Details
$1000 per month
Free Trial
No
Free Version
No
Pricing Details
Free
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
Yes
Chromebook
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Monarch Technologies
Country
United States
Website
www.monarch.is/
Vendor Details
Company Name
OpenTHC, Inc.
Founded
2014
Country
United States
Website
openthc.com
Product Features
Cannabis
Administrative / HR Management
No
Business Management
No
CRM
No
Compliance Tracking
No
Cultivation Management
No
Delivery Management
No
Dispensary Management
No
Distribution
No
ERP
No
For Hemp & CBD
No
Inventory Management / Control
No
Lab Testing
No
Manufacturing
No
Payment Processing
No
Point of Sale (POS)
No
Reporting / Analytics
No
Retail Management
No
Sales Tracking
No
Seed to Sale
No
Supplier Management
No
Supply Chain Management
No
Toll Processing
No
Traceability
No
eCommerce / Online Ordering
No
Product Features
Cannabis
Administrative / HR Management
No
Business Management
No
CRM
No
Compliance Tracking
No
Cultivation Management
No
Delivery Management
No
Dispensary Management
No
Distribution
No
ERP
No
For Hemp & CBD
No
Inventory Management / Control
No
Lab Testing
No
Manufacturing
No
Payment Processing
No
Point of Sale (POS)
No
Reporting / Analytics
No
Retail Management
No
Sales Tracking
No
Seed to Sale
No
Supplier Management
No
Supply Chain Management
No
Toll Processing
No
Traceability
No
eCommerce / Online Ordering
No
