Integration to provide mutual clients with a comprehensive point-of-sale and cash management solution to grow revenue and improve efficiency
DENVER, CO—MJ Freeway®, the industry-leading cannabis business software platform, and Jane?, the premier cash management solution for marijuana retailers, announced a strategic partnership to transform the customer purchase experience with the seamless integration of each company’s distinct platform strengths.
Medical and legal recreational marijuana retailers deal solely in cash stemming from banks and credit unions being mostly unwilling to provide banking facilities and card services due to Federal U.S. anti-money-laundering legislation. This creates a very real challenge for these business owners around diversion, theft and human error.
The integration of MJ Freeway’s seed-to-sale tracking and point-of-sale software with Jane’s cash management solution provides medical and recreational marijuana dispensary owners with a complete set of tools to securely and efficiently manage their inventory and cash while meeting all regulatory requirements and guidelines. All cash transactions occur through the Jane kiosk, automating the reconciliation process and creating a cashless environment, which allows for real-time reporting and eliminates employee theft and error.
Additionally, the kiosk solution allows dispensaries to meet the consumer’s preference for greater control over their shopping experience and a quicker, more convenient purchase process. Research has proven self-service kiosks not only reduce consumer wait times but also increase average purchase amounts.
“MJ Freeway is the cannabis business owner’s trusted partner. The integration with Jane is an example of the industry’s best technology and service providers coming together to deliver problem-solving innovation for our customers. It’s proof we understand our customers’ needs and create smart partnerships that make cannabis businesses more successful and the industry stronger,” said Amy Poinsett, CEO of MJ Freeway.
“This partnership is about putting the dispensary owners first. MJ Freeway and Jane are both committed to providing marijuana retailers with the tools they need to grow their business and make the consumer buying experience faster and more convenient,” said David Ellerstein, CEO of Jane. “We are excited to partner with MJ Freeway and work together to deliver a comprehensive solution that solves some of the marijuana retailers’ biggest challenges.”
About MJ Freeway
MJ Freeway is the industry-leading software solution for marijuana businesses, with clients in 23 states, the District of Columbia, Canada, Australia, and Europe. Founded in 2010 by a team of career software and IT professionals, the product suite is designed and built from the ground-up specifically for cannabis businesses. MJ Freeway's tracking software products, GrowTracker®, GramTracker™, and MixTracker®, include patent-pending inventory control and grow management applications to streamline workflow and increase efficiency. MJ Freeway also offers SuccessMap™, a complete suite of professional services and consulting for cannabis businesses. For more information, call 888-932-6537 or visit mjfreeway.com.
About Jane?
Jane is a complete cash management solution for medical and recreational marijuana retailers. At Jane we understand the many banking and regulatory challenges facing marijuana retailers. Our mission is to empower marijuana retailers with the financial services tools they need to grow their business while fulfilling the desire of today’s consumers for greater control over their shopping experience. The Jane self-service kiosk was developed by a team with over 75 years of combined experience in payments, kiosks and cannabis to bring financial maturity to the marijuana industry. To learn more, visit trustjane.com or follow us on Twitter @trust_jane and Facebook at facebook.com/trustjanekiosk.
