Ratings and Reviews 0 Ratings
Ratings and Reviews 0 Ratings
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What is Monarch?
Expand your business effortlessly with our innovative solution. Monarch offers banking and payment processing services tailored specifically for the cannabis industry. A major factor contributing to the failure of numerous cannabis businesses is not their lack of operational expertise, but rather their struggle to navigate the complex compliance regulations that affect this sector. The Monarch platform enables financial institutions to broaden their deposit portfolios by allowing fully licensed Hemp/CBD farmers, suppliers, distributors, manufacturers, and dispensaries to open DDA accounts with vital cash management services. Due to the intricate nature and constant evolution of compliance standards in the Hemp/CBD market, many companies find it challenging to stay updated. Designed to help you overcome these hurdles, the Monarch Platform ensures that you stay compliant with both state and federal regulations. It provides extensive support, from client and merchant onboarding to the management of ongoing compliance documentation, solidifying Monarch as your comprehensive solution for real-time compliance monitoring and audit assistance. With Monarch by your side, you can concentrate on scaling your business while we take care of the complexities involved in compliance management, allowing you to pursue growth without the worry of regulatory challenges. This partnership not only simplifies compliance but also enhances your operational efficiency.
What is LucidID?
An integrated platform that aims to reduce costs, improve transparency, and increase revenue is crucial. It streamlines supply chain processes while reducing delays from the point of production to the retail shelf. By eliminating the necessity for secondary stickering, it decreases manual labor and enhances overall profitability. The platform also fosters direct communication with consumers, enabling brands to deliver compliant experiences and reward their loyal clientele. This engagement not only encourages repeat purchases but also generates essential post-purchase insights. Furthermore, the system improves supply chain efficiency by offering complete inventory visibility and establishing a direct communication channel with consumers. Retailers frequently encounter obstacles related to ineffective inventory management and regulatory compliance, which can drive up expenses and erode profit margins. By removing manual data entry during the pick-pack stage and introducing single-scan shipping, while also incorporating regulatory order ID details on each case or unit, businesses can optimize their operations. The introduction of digital approval for Certificates of Analysis (COA) leads to automated label generation, significantly shortening the time from testing to production and boosting overall operational efficacy. In summary, this platform provides a holistic approach to addressing the prevalent challenges retailers face in the contemporary marketplace, ultimately paving the way for greater success and sustainability.
Integrations Supported
SpencerMetrics CONNECT
API Availability
Has API
API Availability
Has API
Pricing Information
$1000 per month
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Monarch Technologies
Company Location
United States
Company Website
www.monarch.is/
Company Facts
Organization Name
LucidID
Company Location
United States
Company Website
www.lucidgreen.io
Categories and Features
Cannabis
Administrative / HR Management
Business Management
CRM
Compliance Tracking
Cultivation Management
Delivery Management
Dispensary Management
Distribution
ERP
For Hemp & CBD
Inventory Management / Control
Lab Testing
Manufacturing
Payment Processing
Point of Sale (POS)
Reporting / Analytics
Retail Management
Sales Tracking
Seed to Sale
Supplier Management
Supply Chain Management
Toll Processing
Traceability
eCommerce / Online Ordering
Categories and Features
Cannabis
Administrative / HR Management
Business Management
CRM
Compliance Tracking
Cultivation Management
Delivery Management
Dispensary Management
Distribution
ERP
For Hemp & CBD
Inventory Management / Control
Lab Testing
Manufacturing
Payment Processing
Point of Sale (POS)
Reporting / Analytics
Retail Management
Sales Tracking
Seed to Sale
Supplier Management
Supply Chain Management
Toll Processing
Traceability
eCommerce / Online Ordering