SAN DIEGO, April 13, 2018 (GLOBE NEWSWIRE) --
Integrated Compliance Solutions, LLC. (ICS) is pleased to announce that it has completed a Strategic Partnership with TheraCann International Benchmark Corporation. (“TheraCann”), a leading full service international cannabis business and “Seed to Sale” technology firm and TKS Ventures (dba Tokes Platform) a provider of point of sale and inventory tracking services and solutions for the multi-billion-dollar retail cannabis industry.
ICS (ICSLV.com), a leader in the Cannabis Banking solutions space, has continuously strived to integrate with Leaders in the S2S (Seed to Sale) space.
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TheraCann and TKS Ventures have brought to market a full-service enterprise software ecosystem for inventory control, POS, financial services management, genetic traceability and other ancillary services that truly redefine the traditional S2S framework. This new partnership allows ICS and TheraCann to expand service offerings that redefine compliance support by increasing their client’s operational efficiencies, thereby increasing their profit margins.
Said TheraCann COO, Chris Bolton: “With the real risk of black and grey market product entering the legal supply chain, the ability to provide best in class anti-money laundering (AMT) and know your customer (KYC) protocols is a primary concern for TheraCann.
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This strategic partnership with ICS will allow TheraCann and TKS Ventures to build compliant products and solutions for our clients, helping them to mitigate risk and preventing them from being overwhelmed by strict regulatory requirements.”
Said TKS Ventures CEO, Michael Wagner: “By incorporating the sophisticated compliance, reporting, and banking feature set of ICS into the ecosystem developed by TheraCann and Tokes, we’re able to provide one of the most robust solutions for tracking and traceability.
In an industry that requires the highest levels of transparency and accountability, it is imperative that we deliver a complete system capable of storing and distributing incorruptible data to those in a position of oversight, and this partnership with ICS is instrumental in accomplishing that objective.”
Said ICS CEO, Christopher Johnson: “In this highly regulated industry, we at Integrated Compliance Solutions are constantly on the lookout for key partnerships in the S2S space.
TheraCann and TKS Venture’s unique framework and services offering is truly a game changer in the market today. Easy to use workflows partnered with strong technology enables this unique product.”
About Integrated Compliance Solutions
ICS is the industry leader in compliance software and innovative, cost effective merchant payment solutions.
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Their experience in financial services and payments technology allows them to apply the heightened federal requirements to preferred providers that meet strict requirements. The result: a competitive, complete, and stable set of services that complement the merchant’s goals.
As a Seed to Bank compliance partner, ICS has simply been used by more banks, for longer, and more CRB businesses than any one of their competitors in the space. Their services are proven and well respected in the industry.
About TheraCann International Benchmark Corporation
Founded in 2004, TheraCann International Benchmark Corporation offers a one-stop, full-service solution for the International cannabis marketplace.
TheraCann provides business, technology and industry experts who apply advanced technology to help clients design, build and run their cannabis businesses. With nearly 3.5 million square feet of cannabis operations under management and the successful launch of groundbreaking Enterprise Resource Planning (ERP) software, Aeroponic cultivation systems and patented genetic tracking and diversion prevention systems, TheraCann provides cannabis-related businesses with solutions to fit their regulatory requirements.
More information about TheraCann is available at www.theracanncorp.com.
About TKS Ventures (dba Tokes Platform)
The TKS Ventures is a digital currency and software development company focused on the legal cannabis industry.
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TKS’s core initiatives include a blockchain-based e-payment solutions, industry agnostic point-of-sale software, as well as compliance and provenance management through a dedicated ERP seed-to-sale application.
The ERP enables external developer integration through a modular design and improves regulatory compliance through transparency of payments and supply chain management.
More details about the company available at www.tokesplatform.org
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words.
Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved.
Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.
This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.Public Relations and Media Contact: www.icslv.com [email protected]