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[Denver,  January 25, 2024] – Figgro, a prominent Cannabis Manufacturing Platform, is thrilled to announce a groundbreaking partnership with Metropolitan State University of Denver to introduce an immersive educational experience for students entering the Spring 2024 cohort of “Cannabis in the Kitchen.” With the School of Hospitality.

In a pioneering move, Figgro is set to revolutionize cannabis education by providing students with access to an interactive training platform specializing in recipe and supply chain management. The collaboration aims to equip students with practical skills using cutting-edge technology in the cannabis industry. 

Shannon Donnelly, Program Director and Instructor for Cannabis in the Kitchen, expressed enthusiasm about the partnership, stating, “This collaboration with Figgro marks a significant milestone in cannabis education. By integrating Figgro’s leading Cannabis Manufacturing Platform into our curriculum, we are ensuring that our students receive hands-on training with the latest technology, preparing them for real-world experiences in the dynamic cannabis industry.” 

The innovative training platform offered by Figgro will enable students to delve into the complexities of recipe formulation and supply chain management, providing a comprehensive understanding of the industry’s intricacies. This initiative is part of Figgro’s commitment to fostering education and innovation within the cannabis sector. 

Figgro’s Co-Founder & Head of Product, Gerry Dumani, commented on the collaboration, saying, “We are excited to partner with Metropolitan State University of Denver to shape the future of cannabis education. Figgro’s platform will serve as a bridge between academia and industry, empowering students with the skills and knowledge needed to excel in the rapidly evolving cannabis landscape.” 

The Cannabis in the Kitchen program at Metropolitan State University of Denver has gained recognition for its forward-thinking approach to cannabis education. The collaboration with Figgro further solidifies the program’s commitment to providing students with a comprehensive and industry-relevant education. 

For media inquiries or further information, please contact: 

Figgro Media Contact Information

gerry@figgro.com

University Media Contact Information

sdonnel3@msudenver.edu

About Figgro:

Figgro is a leading Cannabis Manufacturing Platform that empowers businesses in the cannabis industry with innovative solutions for manufacturing, supply chain management, and compliance. With a commitment to advancing the industry through technology, Figgro provides comprehensive tools for cannabis producers to streamline operations and enhance product quality. 

About Metropolitan State University of Denver:

Metropolitan State University of Denver is a public university located in Denver, Colorado. Recognized for its commitment to inclusive excellence and student success, the university offers a range of programs, including the pioneering “Cannabis in the Kitchen” program, designed to provide students with a holistic education in the cannabis industry. 

Author: Gerry Dumani

Figgro, a leading Cannabis Cloud Technology Platform, has announced its sponsorship of the MJ Unpacked Social Impact Scholarship Program in partnership with Our Academy. This move is a significant step towards promoting social equity in the cannabis industry, which has been marred by the war on drugs and systemic inequalities.

Our Academy is a volunteer-run 501(c)(3) non-profit organization that provides workshops, mentorship programs, and open educational resources to individuals impacted by the War on Drugs, including equity applicants and legacy operators. The organization aims to help these individuals succeed in the cannabis industry and promote diversity and inclusion in the sector.

The MJ Unpacked Social Impact Scholarship Program, on the other hand, seeks to support and promote social equity in the cannabis industry by providing financial assistance to individuals and organizations committed to social justice and equity initiatives. The program offers scholarships to equity applicants, social equity organizations, and other initiatives aimed at promoting diversity and inclusion in the industry.

Through its sponsorship of the program, Figgro is taking an important step towards supporting social equity in the cannabis industry. The company recognizes that the cannabis sector has a long history of discrimination and systemic inequality, which has disproportionately affected marginalized communities. By partnering with Our Academy and supporting the MJ Unpacked Social Impact Scholarship Program, Figgro is demonstrating its commitment to promoting social justice and equity in the cannabis industry.

Figgro’s Cofounder Marc Wells, commented on the partnership, stating, “We are proud to be a part of this initiative, which is aimed at creating a more equitable and just cannabis industry. Our sponsorship of the MJ Unpacked Social Impact Scholarship Program in partnership with Our Academy reflects our commitment to supporting diversity and inclusion in the sector, and we look forward to working with Our Academy and other partners to make a meaningful difference.”

In conclusion, Figgro’s sponsorship of the MJ Unpacked Social Impact Scholarship Program in partnership with Our Academy is an important step towards promoting social equity in the cannabis industry. The company’s commitment to supporting diversity and inclusion in the sector is commendable, and we hope that other players in the industry will follow suit. With continued efforts like these, we can work towards creating a more equitable and just cannabis industry for all.

Author: Gerry Dumani

From left to right: Gerry Dumani (Figgro Co-Founder), Duncan Cameron (SOW Consulting) Tiffany Goldman (CEO THC Health), Danny Richards (Director of Cultivation Operations) Blake Facello (Director of Operations)

Figgro, a leading Cannabis Cloud Platform, has announced a new partnership with THC Health, a renowned vertically integrated Single State Operator with facilities in Colorado to help the company streamline its data collection and analysis process.

THC Health has been operating sophisticated cultivation and processing operations, but the company has been struggling with collecting and collating data from sensors and spreadsheets, which has limited its ability to make more informed business decisions. The lack of data analytics has been particularly significant in the cultivation process, where environmental setpoints need to be graphed in each stage and over the entirety of the plant life cycle.
Through this partnership, Figgro will provide THC Health with cutting-edge data analytics and automation solutions, enabling the company to consolidate data from disparate spreadsheets into one comprehensive picture that can provide actionable insights. This will help THC Health to make better-informed decisions regarding their cultivation and processing operations.

The partnership is expected to drive significant improvements in THC Health’s operations, as it will enable the company to optimize its cultivation and processing processes, leading to better quality cannabis products and increased profitability.

Commenting on the partnership, THC Health’s CEO, Tiffany Goldman, said, “We are thrilled to partner with Figgro. Their expertise in Enterprise Relationship Platforms (ERP) and automation will help us take our operations to the next level. By consolidating data from various sources, we will be able to make more informed business decisions and drive better outcomes for our customers.”

Figgro’s Co-Founder; Gerry Dumani, added, “We are excited to work with THC Health to help them improve their data analytics capabilities. By leveraging our cutting-edge solutions, THC Health will be able to optimize their cultivation and processing operations, resulting in better quality products and increased profitability.”

The partnership between Figgro and THC Health is expected to be a significant step towards leveraging data analytics and automation to optimize cannabis cultivation and processing operations, helping companies like THC Health to stay ahead of the competition in the rapidly evolving cannabis industry.

Author: Gerry Dumani

Figgro to Provide Retail Marijuana Excise Tax Reporting and Filing for the Town of Moffat in Colorado.

Figgro, a leading provider of cannabis tax compliance solutions, has secured a new contract to provide Retail Marijuana Excise Tax Reporting and Filing for the Town of Moffat in Colorado. This move is part of Figgro’s efforts to extend its reporting and compliance capabilities in the state.

The service will be available to all 81 licensed operators in the town and is expected to be launched in May of this year. The new service will allow cannabis businesses in Moffat to streamline their excise tax reporting and filing process, saving them time and money.

According to Figgro, the company’s tax compliance software simplifies the excise tax reporting process, making it easy for businesses to calculate and file their taxes accurately and on time. The company’s solution is designed to integrate with popular point-of-sale systems and accounting software, making it easy for cannabis businesses to manage their tax compliance requirements.

In a statement, Town of Moffat’s clerk, Nina Magee, said: “We’re thrilled to be partnering with the Figgro to provide our excise tax reporting and filing solution to licensed cannabis businesses in the area. We’re confident that this solution will help our local businesses streamline their operations and remain compliant with state regulations.”

The new contract is expected to boost Figgro’s revenue and further solidify its position as a leading provider of cannabis tax compliance solutions in the state of Colorado.

Author: Gerry Dumani

CNN — The cannabis industry has had a major impact on the tiny town of Moffat, Colorado – so much that the town is now considering changing its name to “Kush.”

Cassandra Foxx, the mayor of Moffat, tells CNN that the town is home to around 120 residents.

Still, “Moffat feels like it’s on the verge of massive growth right now,” she said. “We might be super tiny, but we’re trying to do big things here.”

The name change proposal came from Mike Biggio, the owner and founder of Area 420, which licenses land for cannabis cultivation in Moffat. “Kush” is a popular slang term for cannabis, which was legalized for recreational use in Colorado in 2012.

Foxx says that Biggio’s business has had a major impact on the town economy.

“They kind of gave us life, like a rebirth,” she said. “They provided an industry for Moffat.”

“We’ve got a lot of open space, a lot of good resources, beautiful elevation, good climate that lends itself to marijuana cultivation,” Foxx said.

Licenses for cannabis cultivation in Moffat, according to Foxx, have shot up from just two to over 70 in the past six years, in large part thanks to Area 420.

After Biggio suggested the name change during the public comment period at a meeting, they put it on the agenda for a town hall on June 7.

“It felt like almost the whole town came out to share their side,” Foxx said.

Foxx says that not everyone in the town was enthusiastic about the possible name change. Some residents wanted to keep the town’s “history, heritage, and identity” embodied in its name. The town was originally named after David H. Moffat, an industrialist who contributed heavily to the development of railroads and mines in Colorado.

The next step in transforming Moffat to Kush would be for a resident to start a petition, Foxx says.

“Currently it’s just a discussion, we haven’t done anything,” she said.

Foxx thinks the possibility of changing the town’s name is “exciting.”

“A little silly, but that’s good,” she said. “It’s the right kind of silly. But it’s also accurate, like it is a good representation of this region, of the industry that we’re trying to promote, and the lifeblood of our town.”

“Change is always good,” she added.

The cannabis industry is one of the fastest-growing industries in the world, and for good reason. The legalization of marijuana for both medical and recreational use has led to a surge in demand for cannabis products, and as a result, the number of cannabis businesses has skyrocketed. From growers and manufacturers to dispensaries and retailers, the cannabis industry is now a multi-billion dollar market that is projected to continue growing at an astonishing pace.

However, the cannabis industry is still in its infancy, and as such, many cannabis businesses are struggling to keep up with the demands of running a legitimate and successful operation. As cannabis transitions from back alleys to main street retailers and the industry becomes mainstream, it will be crucial for cannabis producers and distributors to focus on running a streamlined and efficient business. This is where Figgro comes in. Figgro has developed Cannabis Manufacturing ERP (Enterprise Resource Planning) to provide cannabis manufacturing and distribution companies with the tools they need to manage their operations effectively and efficiently from end to end.

Managing Business from Seed-to-Sale

The Figgro platform is a comprehensive system that includes modules for inventory management, order management, accounting, and compliance. It also includes a customer relationship management (CRM) system and a point of sale (POS) system.

This allows cannabis businesses to manage all aspects of their operations, from tracking inventory and managing orders to analyzing sales data and ensuring compliance with state and federal regulations.

I spoke with Gerry Dumani, co-founder of Figgro, about the company and its vision. “What we’re doing with Figgro is that we are able say to customers. ‘Let’s look at the data.’ We help them optimize in the most simplest way possible, so that they’re able to say, ‘This is the lot, this is the farmer, this is how we’re going to rate this particular lot because of the quality of output.’ Right? And, ‘These are our processes. If we streamline our processes and Figgro SOPs [standard operating procedures], we are able to continuously get the same amount of yield every time.” Gerry also told me that Figgro is currently developing a Plant Cultivation and Management Platform for growers in the 38 legal weed markets.

One of the key benefits of Cannabis Manufacturing ERP is that it is cloud-based, which means that it can be accessed from anywhere with an internet connection. This allows businesses to manage their operations remotely, which is especially important for companies that have multiple locations or that operate in multiple states. Additionally, because the system is cloud-based, it is always up-to-date and requires no additional hardware or software to be installed.

Another benefit of the Figgro platform is its ability to integrate with other systems. This allows businesses to seamlessly connect their existing systems, such as accounting software, with Cannabis Manufacturing ERP. This eliminates the need for manual data entry and ensures that all of the business’s data is accurate and up-to-date.

Reporting and Compliance

Cannabis Manufacturing ERP also includes advanced reporting and analytics features that allow businesses to gain valuable insights into their operations. For example, businesses can track sales data and inventory levels in real time, which helps them make more informed decisions about production and inventory management. Additionally, businesses can analyze sales data to identify trends and make strategic decisions about marketing and product development.

One of the most important aspects of any business is compliance, and the cannabis industry is no different. The Cannabis Manufacturing ERP includes a compliance module that helps businesses ensure that they are meeting all state and federal regulations. This includes tracking inventory, keeping accurate records, and reporting to state and federal agencies.

As part of extending its reporting and compliance footprint, Figgro recently won the contract to provide Retail Marijuana Excise Tax Reporting and Filing for the Town of Moffat, located in Colorado as part of its revenue assurance. The service will be available to all 81 licensed operators in the Town of Moffat and goes live in May of this year.

An Analysis for Figgro

Harry Brelsford, founder and Principal Analyst at The CannaTech Group, shared his thoughts on Figgro. “There are many cannabis software solutions entering and leaving this early-stage growth market. I’d offer the first wave over the past few years were solutions trying to be CannaTech solutions but not staying in their lane to be effective. What impressed me about Figgro were a few things. First, the solution is taking a holistic platform view of the world and positioning itself as truly seed-to-sale, the common term in CannaTech for ERP. Second, the compliance integrations suggest this solution is ready to go.”

Brelsford also noted a couple of areas where Figgro has room for improvement. “A couple of noteworthy observations that demand mentioning are these. First, while integrating with QuickBooks is a no-brainer, a surprising number of multi-state operators are using Sage X3 in that space—and that is missing. Likewise, there are state-specific compliance solutions, such as that used by the State of Washington, and it appears Figgro isn’t integrated into that ecosystem.“

Figgro executives acknowledged this issue and noted that they are currently working on extending the third-party integrations of the platform to include additional accounting products—namely, Sage, Xero and Accounting Suite.

The Operative Word in Cannabis Business is “Business”

The cannabis industry is a rapidly growing and rapidly changing industry, and it can be challenging for businesses to keep up. Figgro’s Cannabis Manufacturing ERP is a comprehensive system that provides cannabis manufacturing and distribution companies with the tools they need to manage their operations effectively and efficiently.

The issues Brelsford noted notwithstanding, with its inventory management, order management, accounting, compliance, CRM, and POS modules, the platform offers a useful solution for a cannabis business looking to stay ahead of the curve.