Market Date:24 February, 2020

FinCanna investee ezGreen compliance starts tax reporting technologies

FinCanna Capital Corp. (“FinCanna”) (CSE: CALI) (OTCQB: FNNZF) a transcription firm for its U.S. accredited medical cannabis business, declares its investee firm ezGreen Compliance (“ezGreen”) that offers a state-of-the-art enterprise compliance and point-of-sale (POS) software alternative for accredited medical cannabis dispensaries and cultivators, has enlarged its own proprietary Business Intelligence Dashboard (BID) with the accession of a brand new comprehensive taxation attribute to automate crucial earnings reporting performance. Testing using a cannabis management firm carrying a portfolio of over 30 dispensaries in the state of California, the business thinks it is the only extensive tax coverage solution on the marketplace. EzGreen’s brand new proprietary taxation operation resolves the issue of labor intensive, error prone manual intrusion of crucial financial information because it’s intended to make sure that crucial financial information is immediately captured and seamlessly arranged for complicated municipal and state tax protection. 

ezGreen’s automation of this country taxation formulations are customizable to monitor both state and municipal conditions around sales and excise taxes.

ezGreen plans to roll out this new tax attribute as a fully integrated part of its Business Intelligence Dashboard into the Organization’s affiliate system Including a pipeline of more than 200 dispensary customer places.  

With 30 nations from the U.S. with some kind of cannabis regulatory policies set up, navigating through country by state permit, taxation and compliance problems has been hard for the legal, medical cannabis market. EzGreen’s, Business Intelligence Dashboard has been an established front-to-back compliance alternative that supports both the medical insurance Portability and Accountability Act (“HIPAA”) and state legislation by ensuring secure customer information storage and transmission which protects clients from potential security breaches and criminal and financial accountability caused by such offenses.  Additional ezGreen BID platform attributes comprise, free custom made business analytics, handled workflow capabilities and third party stock validation allowing for real time management and cross referencing of seed-to-sale and point-of-sale databases.

Moreover, ezGreen Compliance is operating with several State Cannabis Control Boards on creating opioid recreation strategies by establishing secure protection mechanisms, including with ezGreen’s BID platform to monitor essential stock and sales information.

“Compliance reporting is becoming a “must have” for each company in the cannabis business,” explained Andriyko Herchak, President and CEO of FinCanna Capital. “We believe ezGreen is clearly the industry leader in the compliance software space as evidenced by their superior Business Intelligence Dashboard which now incorporates a mission critical taxation reporting solution. Compliance reporting is an enormously lucrative space and we are confident ezGreen will deliver outstanding results for our shareholders.”

Especially designed to address the requirements of this cannabis business, ezGreen Compliance is a HIPAA accredited POS solution created and endorsed by Automated HealthCare Solutions (AHCS). AHCS is a top point of maintenance monitoring and administering software solution developed previously 16 years which supports 3,500+ active physician worked clinics and dispensaries, all while keeping HIPAA compliance after crucial Health and Human Services criteria in the USA.