Mi­crosoft en­ters into drugs busi­ness

Pakistan Observer - - ECONOMY WATCH -

NEW YORK—The world largest soft­ware de­vel­oper, Mi­crosoft has now en­tered the lu­cra­tive busi­ness of drugs, le­gal drugs though as it be­comes the first com­pany an­nounc­ing a part­ner­ship to be­gin of­fer­ing soft­ware that tracks mar­i­juana plants from “seed to sale.” Break­ing the cor­po­rate taboo, the move by Mi­crosoft came as states in USA, con­tin­ues to le­gal­ize mar­i­juana. Ac­cord­ing to USA To­day, Mi­crosoft is wel­com­ing Los Angeles-based Kind Fi­nan­cial onto its Azure Gov­ern­ment cloud plat­form, and will help it mar­ket its soft­ware to lo­cal and state gov­ern­ment agen­cies that mon­i­tor mar­i­juana grow­ers or dis­trib­u­tors for com­pli­ance with reg­u­la­tions in­volv­ing pot pro­duc­tion and sales.

“Thanks to Mi­crosoft’s huge reach, it’ll be eas­ier for us to tar­get ev­ery state with our com­pli­ance so­lu­tions,” says Kind CEO David Di­nen­berg. “It’s a win-win for both of us as more states look to le­gal­ize med­i­cal mar­i­juana.” The New York Times re­ported that Mi­crosoft will be work­ing with Kind’s “gov­ern­ment so­lu­tions” divi­sion, and will of­fer soft­ware only to state and lo­cal govern­ments, which are try­ing to build com­pli­ance sys­tems. “No­body has re­ally come out of the closet, if you will,” said Matthew A. Karnes, the founder of Green Wave Ad­vi­sors, which pro­vides data and anal­y­sis of the mar­i­juana busi­ness.—Agen­cies

KARACHI: The new Siemens ser­vice and re­pair cen­tre in Karachi in­au­gu­rated by Hel­mut von Struve, MD, Siemens Pak­istan, and Rainer Sch­mied­chen, Con­sul Gen­eral of Ger­many in Pak­istan.

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