DENVER, April 27, 2022 (Globe Newswire) – Simplify (“Simplifya” or “the Company”)The leading regulatory and operational compliance software platform serving the cannabis industry, announced that it has launched a suite of compliance solutions for the cannabis business in Vermont, expanding the company’s reach into 26 states. Service package that includes Simplify Standard Operating Procedures (SOPs)And Simplifya smart locker And Simplifya self-auditIt is specifically designed to help cannabis businesses stay abreast of developments and stay compliant with the laws of Vermont, as well as manage risk in a cost-effective manner.
While Vermont has taken progressive steps toward legalizing cannabis, the opening of its markets has been relatively slow. Vermont’s first medical dispensary didn’t open its doors until 2013, despite the fact that in 2004, Green Mountain was among the top 10 states in the country—second on the East Coast—to legalize medical cannabis. Despite a number of delays in the legislative process, including the House’s rejection of the initial bill and the governor’s subsequent veto, Act 86 legalized adult personal use in 2018, making Vermont the first state to legalize cannabis through the legislative process, as opposed to during the polling initiative. Regulated sales officially entered law in October 2020, and by October of this year, dispensaries are expected to finally be able to begin selling adult-use cannabis to Vermonters.
To help cannabis operators and help companies stay ahead of the curve in Vermont’s complex and evolving cannabis market, Simplifya has designed a comprehensive suite of solutions that will ensure their compliance and continued success. The company is committed to assisting operators and business owners in Vermont and 25 additional states, and by the end of 2022, Simplifya plans to expand the impact of compliance solutions to a total of 30 states.
“As Vermont prepares to enter its online adult market, there are significant opportunities for operators and affiliates to succeed,” said Simplifya CEO and co-founder Marion Marithasan. “However, it is imperative for entrepreneurs, operators and assistive companies to comply with stringent, comprehensive and frequently changing regulatory requirements. With our tools, companies can focus on their core competencies and leave the rest to us. Our core products and services have proven to be integral to helping navigate complex regulatory landscapes. We are confident that our Vermont suite of products will serve as vital tools to help businesses operate efficiently, effectively and most importantly, legally. As more states come online and cannabis markets continue to grow, we look forward to expanding our services to the general benefit of the industry.”
Simplify Standard Operating Procedures (SOPs)
Simplifya Standard Operating Procedures are designed to help ensure that your cannabis business is operating efficiently, effectively and legally. They define best practices and processes for the entire customer organization. While creating the right SOPs can be long and arduous, Simplifya’s team of analytical and regulatory experts have developed both generic and licensing SOPs packages, which include everything your cannabis business needs to get up and running right away. Standard operating procedures also ensure compliance with cannabis by providing a comprehensive base, which can be used as is or customized to meet the specific needs of the client. If there are changes, Simplifya team also automatically updates the selected SOP and sends a notification to clients.
Simplifya smart locker
Ninety percent of cannabis compliance is documentation, including filing and organizing documents, ensuring that documents do not expire and being able to produce documents for examination at any moment. Simplifya Smart Locker (“Smart Locker”) is an easy-to-use and convenient online document storage center that helps take the worry and stress out of organizing and storing important documents. Smart Cabinet for Business provides a cheat sheet for every required document based on its license, an easy-to-use interface, complete control over who has access to those documents, flexibility in assigning documents to employees, and reminder features when a file needs an update.
Simplifya’s team of attorneys and regulatory analysts review state and local regulations to create a checklist with simple “yes” or “no” questions to help companies determine if they are operating under all the rules for their license type. If the Self-Audit finds an area where the company is not in compliance, the employee can create and assign a procedure to fix the problem, track the task to completion, and store the corrected results in a repair report for future use or reference.
Simplifya is the cannabis industry’s leading regulatory and operational compliance software platform; Our range of products eliminates confusing and ever-changing state and local regulations. Featuring standard operating procedures, badge tracking, document warehousing, tailored reporting and employee accountability features, our customized audit program can reduce the time you spend on compliance by 45 percent. For more information visit www.simplifya.com.