GrowLife, a company that serves the legal cannabis industry, has developed kiosk-based retail point of sale software.
Through the GrowLife Financial brand, the software can be installed on a dedicated kiosk. The software includes a product ordering system that receives cash and credit payments, and it supports cash and credit reporting for tax and compliance.
"Our GrowLife Financial brand deploys into a new market segment for us: cannabis industry software development and electronic regulatory compliance. While we will continue to focus upon our core competency of hydroponic equipment and growing support, we now supplement these offerings with hardware and software tools geared specifically to the cash-intensive regulatory environment of our customers," says Sterling Scott, CEO of GrowLife, in a Nov. 15 press release.
Mainstream payment companies have generally avoided legal marijuana sales. This avoidance has opened the market to alternative payment providers.