Simplifya provides compliance software specifically designed for the cannabis industry, enabling licensed operators to efficiently manage and maintain adherence to state regulations through a centralized platform. The software streamlines the compliance process by offering a comprehensive regulatory database, audit tools, and standard operating procedure templates, significantly reducing the time and costs associated with compliance management.
Funding
$14.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Cannabis businesses face a complex and rapidly evolving regulatory landscape, making it difficult and time-consuming to maintain full compliance with state and local requirements. Licensed operators risk fines, license suspension, or even revocation due to inadvertent non-compliance with operational regulations. Existing solutions often lack comprehensive coverage and real-time updates, leaving businesses vulnerable to regulatory changes.
Solution
Simplifya offers a suite of compliance software solutions designed specifically for the cannabis industry, enabling licensed operators to efficiently manage and adhere to state and local regulations. The platform provides a centralized hub for accessing a comprehensive and up-to-date regulatory database, conducting internal audits, and implementing standardized operating procedures (SOPs). Simplifya streamlines the compliance process, reducing the time, costs, and risks associated with navigating the complex regulatory environment.
Target Audience
Simplifya serves licensed cannabis operators, including multi-state operators (MSOs) and single-location businesses, as well as financial institutions, consultants, lawyers, insurance providers, online retailers, payroll providers, and lenders operating in the cannabis industry.
Features
- Comprehensive regulatory database covering 32+ states, updated in real-time to reflect the latest changes in cannabis regulations.
- Audit tools that enable operators to verify compliance with state cannabis regulations through self-audits.
- SOP templates that provide a framework for creating and implementing standardized operating procedures, including GMPs.
- Smart Cabinet feature for secure and organized document management, ensuring easy access to compliance-related documents.
- License Tracker to manage and track license renewals, preventing lapses in licensure.
- Simplifya Verified, a license verification service to ensure business partners and vendors are properly licensed.
- Simplifya RegFinder and Hemp RegFinder, search tools for cannabis and hemp regulations, respectively.
- Simplifya Scann, a tool to help stop illicit cannabis operations.