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A small, publicly traded tech company hopes to cash in on Michigan's medical marijuana laws by offering patients apps to find doctors to write them recommendations, digital identification cards and cashless transactions at marijuana distribution centers.
MediSwipe has recently moved its headquarters to Birmingham from Florida and plans to open additional workspace in Ann Arbor in May – and hire a dozen employees.
The company hopes to capitalize on the growing medical marijuana industry, which by some estimates may be $2 billion nationally.
By next year, as states like Michigan consider revisions to medical marijuana laws, CEO Michael Friedman said he hopes to have thousands of customers who can turn to the company to help them navigate state laws and paperwork similar to how financial services companies help customers file for their income tax refunds each year.
"We want to be known as the H&R Block – or the TurboTax service – of the industry," Friedman told the Detroit Free Press.
MediSwipe seeks to offer patients a way to digitally store their medical records and other documents – such as a medical marijuana card – that may be required to get medicinal marijuana.
The company will help put them in touch with doctors and help them make electronic payments at medical marijuana distribution centers.
MediSwipe would make money, Friedman said, by charging fees for the services – most about $20.
Friedman said the company decided to move to Michigan because of its medical marijuana laws, and it plans to focus on providing services to patients who use marijuana for medical purposes.
The 4-year-old company also operates in California, Colorado, Massachusetts and New Jersey.
Some of what MediSwipe wants to do depends on the Legislature's actions.
A bill recently introduced, for example, seeks to legalize medical marijuana distribution centers. The proposal would let individual communities decide whether to allow such centers.
But a Michigan Supreme Court ruling was interpreted to ban public facilities that distribute medical marijuana.
"Our whole reason for being is to legitimize the industry – and track transactions," Friedman said.
News Hawk- TruthSeekr420 420 MAGAZINE
Source: livingstondaily.com
Author: Frank Witsil
Contact: Online Feedback | Livingston Daily | livingstondaily.com
Website: Tech company designs medical marijuana apps | Livingston Daily | livingstondaily.com
MediSwipe has recently moved its headquarters to Birmingham from Florida and plans to open additional workspace in Ann Arbor in May – and hire a dozen employees.
The company hopes to capitalize on the growing medical marijuana industry, which by some estimates may be $2 billion nationally.
By next year, as states like Michigan consider revisions to medical marijuana laws, CEO Michael Friedman said he hopes to have thousands of customers who can turn to the company to help them navigate state laws and paperwork similar to how financial services companies help customers file for their income tax refunds each year.
"We want to be known as the H&R Block – or the TurboTax service – of the industry," Friedman told the Detroit Free Press.
MediSwipe seeks to offer patients a way to digitally store their medical records and other documents – such as a medical marijuana card – that may be required to get medicinal marijuana.
The company will help put them in touch with doctors and help them make electronic payments at medical marijuana distribution centers.
MediSwipe would make money, Friedman said, by charging fees for the services – most about $20.
Friedman said the company decided to move to Michigan because of its medical marijuana laws, and it plans to focus on providing services to patients who use marijuana for medical purposes.
The 4-year-old company also operates in California, Colorado, Massachusetts and New Jersey.
Some of what MediSwipe wants to do depends on the Legislature's actions.
A bill recently introduced, for example, seeks to legalize medical marijuana distribution centers. The proposal would let individual communities decide whether to allow such centers.
But a Michigan Supreme Court ruling was interpreted to ban public facilities that distribute medical marijuana.
"Our whole reason for being is to legitimize the industry – and track transactions," Friedman said.
News Hawk- TruthSeekr420 420 MAGAZINE
Source: livingstondaily.com
Author: Frank Witsil
Contact: Online Feedback | Livingston Daily | livingstondaily.com
Website: Tech company designs medical marijuana apps | Livingston Daily | livingstondaily.com
