Green Check (GC), a fintech provider for the cannabis market, announced the expansion of Green Check Access (GCA): a cannabis API and data tool. GCA helps new verticals enter the cannabis industry, while providing insights and data to existing businesses in the space seeking to optimize their operations.
With Green Check Access, businesses get access to unified and normalized data from often-disparate sets, such as point-of-sale, and inventory systems in the cannabis ecosystem. The result is a single source of truth for critical data, including customer and product insights, seed-to-sale data, current market and historical analysis, and much more. As it stands, GCA is one of the largest collections of actionable insights for the cannabis industry.
With the collection of APIs, companies are using GCA to build, connect and monetize solutions specific to the cannabis industry.
Early adopters of GCA are already utilizing the tool in unique ways. CTrust, a Green Check partner and the first credit scoring and monitoring agency for cannabis businesses, uses the unified cannabis API to build a bespoke credit risk rating system for the cannabis industry.
New market entrants ranging from beverage companies and laboratories to pharmaceuticals and delivery can also now access these tools. Additionally, early adopters of GCA, including multi-state operators (MSOs) and other large companies in the cannabis industry, can continue deploying this technology to better understand industry trends, make optimal pricing decisions, and truly know their customers.
