Cannabis Industry Digital Resource Strain Merchant Is Raising $2M Seed Round For FDA Contract

Biotech startup Strain Merchant recently opened their angel investor seed round on popular crowdfunding site AngelList. Looks like they may be gaining significant traction follow 2 provisional patent filed under their parent company.
By: Strain Merchant, Inc
 
WILMINGTON, Del. - Aug. 23, 2015 - PRLog -- The primary challenge the marijuana industry is facing has to do with our society’s pursuit of the idea of a perfect union. And sometimes that pursuit creates situations where governments have to legislate activity and morality. That voice in a politician’s head/pocket isn’t wrong for insinuating concepts which it believes best serves the people. The problem arises when governments superimpose policies that are nothing more than hypocrisy similar to what we saw with alcohol prohibition from 1913-1933. While the laws may have been well-intentioned, they were short sighted and created a myriad of problems that required even more laws to regulate. This over-criminalization of alcohol, rather than taking preventative measures to combat alcohol abuse is just one example of the often heavy-handed approach taken by decision makers when their moral compass is the source of policies instead of actual data.

Prohibition was accepted into law because decision makers didn’t have the insights to allow them to fully understand the moving dynamics and monetization benefits. Our company’s macro and micro instances are tailored to create the needed business processes as well as change public perception.

Strain Merchant provides Integrated Data Analytic Solutions for the cannabis industry, enabling seamless access to medical research, legislation, business insights, and in-depth cannabis laboratory data. Partnering with industry leaders, we’ve built an eco-system geared at enabling the dissemination of scientific and cultural facts that dissects the cannabis industry and it’s moving dynamics.

Our aim is to combat the misinformation plaguing the cannabis industry’s innovation and legislation growth by leveraging data from all sectors to aid in the development of a new global industry.

As Strain Merchant continues to develop solutions that integrate globally, we’ve made concerted efforts to look closely at micro instances that are hindering growth. In local markets such as municipalities and districts, we’ve engaged decision makers in order to better understand legislation, political position, tax laws, and the economic challenges of operating a business in the cannabis industry.

We’ve observed several obstacles to federal decriminalization and many embody the negative stigmas that have been around for decades. We come to understand that lack of industry data as a whole that enable actionable insights available to decision makers is what the industry needs prior to any progression.

If you examine similar product oriented vertical models such as alcohol, tobacco or even the fashion industry, you can understand that governments only allow new industries to flourish if they are able levy favorable taxation mechanisms on both the consumer and business verticals. Strain Merchant was created to solve that problem as a whole.

Media Contact
Strain Merchant, Inc
info@strainmerchant.com
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Source:Strain Merchant, Inc
Email:***@strainmerchant.com
Tags:Startup, Healthcare, Marijuana
Industry:Biotech
Location:Wilmington - Delaware - United States
Subject:Companies
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