rising tide........Puff, puff, pass: Microsoft scores first big pot deal
CNBC By Eamon Javers
18 hours ago
Puff, puff, pass: Microsoft scores first big pot deal
400tmax | Getty Images. Microsoft on Thursday will announce its first-ever partnership with a software firm that supports the burgeoning cannabis industry.
Microsoft puts its cloud into cannabis startup AFP
Microsoft is firing up a marijuana-software service American City Business Journals
Microsoft to help bring marijuana business to the cloud CNET
Microsoft invests in marijuana with KIND Financial partnership MarketWatch
Microsoft gets into the weed business MarketWatch
2 New Stock Picks Every Month The Motley Fool Sponsored
Microsoft Corporation Watchlist
NASDAQThu, Jun 16, 2016 4:00 PM EDT
June 17 Premarket Briefing: 10 Things You Should Know TheStreet q 47 mins ago
Microsoft’s LinkedIn to Be Like Facebook for Careers, Gates Says Bloomberg q 1 hr 45 mins ago
Call it a sign of the (high) times.
After the legalization of medical or recreational marijuana in more than 20 states, Microsoft (NASDAQ: MSFT) on Thursday will announce its first-ever partnership with a software company that supports the burgeoning cannabis industry.
The collaboration involves Kind Financial, a Los Angeles-based start-up company that makes technology and tools for marijuana-related businesses to navigate the myriad rules and regulations in states across the country that allow the sale of marijuana. Kind sells what it calls "Agrisoft Seed to Sale software," that lets growers track their plants from planting to the point of sale, and it provides kiosks that cannabis businesses use for cash management inside their stores.
It's the first time Microsoft has done a marijuana industry-related partnership, a Microsoft official told CNBC on Thursday. But the company's founder, at least, is not unaware of the issue. Bill Gates told BuzzFeed in a 2014 interview that he voted "yes" on the legalization of marijuana in his home state of Washington. "It's an experiment, and it's probably good to have a couple states try it out to see before you make that national policy," he said at the time.
Now that experiment has turned into a business opportunity for the software behemoth. According to Kind, the deal announced Thursday involves Kind participating in Microsoft's newly created Microsoft health and human services pod for managed service providers. That means Kind's products will be available to customers using Microsoft's Azure government cloud product.
In a press release set to go out Thursday, Kimberly Nelson, Microsoft's executive director of state and local government solutions, said, "Kind's strategic industry positioning, experienced team and top-notch-technology running in the Microsoft Azure Government cloud, made for an easy decision to align efforts."
Kind's CEO, David Dinenberg, said "No one can predict the future of cannabis legalization, however, it is clear that legalized cannabis will always be subject to strict oversight and regulations similar to alcohol and tobacco; and, Kind is proud to offer governments and regulatory agencies the tools and technology to monitor cannabis compliance."
CrowdGather to Provide Corporate Update on $3.5 Million Sale of Gaming Subsidiary and New Corporate Strategy at LD Micro Conference
Marketwired CrowdGather, Inc.
8 hours ago
CrowdGather, Inc. Watchlist
OTC Markets1:17 PM EDT
CROWDGATHER, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obli EDGAR Online 1 mth 14 days ago
CROWDGATHER, INC. Financials EDGAR Online Financials 1 mth 18 days ago
CALABASAS, CA--(Marketwired - Jun 3, 2016) - Specialty Cannabis and consumer publishing network, CrowdGather, Inc. (OTCQB: CRWG), today announced that Sanjay Sabnani, Chairman and CEO of the Company, will be providing a corporate update at the LD Micro Invitational Conference on Thursday, June 9th at 11:00am PDT at the Luxe Sunset Hotel in Los Angeles. A live webcast of the presentation will be available at http://wsw.com/webcast/ldmicro10/crwg.
For more information on the list of presenting companies or to register for the event, please visit LD Micro or contact David Scher at firstname.lastname@example.org.
About CrowdGather, Inc.
CrowdGather, Inc. is an investor, acquirer, operator and owner of digital assets in the consumer and cannabis sectors. In 2016, CrowdGather intends to launch a crowdfunding portal at CrowdGather to assist cannabis and digital startups in procuring financing. The Company's online publishing network is anchored by DIY community builder, Yuku.com while its cannabis holdings include long standing online communities WeedTracker and RapMusic.
This press release contains forward-loo