420Pal.com launches the First and Only Payment and Inventory Management System specifically for the Medical Marijuana Industry

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Patients are now able to pay for their prescriptions with credit or debit cards or eChecks safely and securely, while collectives, dispensaries and cooperatives will be able to process these payments while automatically updating their inventory and patient information without huge fees.

We are not a non-profit organization; we just believe that the patients who use the products and medicine in our industry need all the help they can get.

Medical marijuana patients, growers and distributors, take note: on March 1, 2011, 420Pal opened for business, providing the only ONE-STOP e-commerce solution for the medicinal cannabis industry.

In 1996, the state of California authorized the first legal use of medical marijuana, and a new industry was born. Today, 15 states and Washington, D.C. allow registered patients to use cannabis for medicinal purposes, and prescriptive pot is becoming a commodity in a whole new way. Some states allow collectives and dispensaries, others have approved commercial plantations, but whatever the source, cash has been the only consistent way to pay for the medicine relied upon by their patients.

With 420pal medical marijuana truly enters the 21st century. Collectives and dispensaries will be able to accept most all payment types either online or in the store, and can even verify funds before completing a transaction. More importantly, 420Pal is a complete POS (point of sale) system, allowing dispensaries to track their sales, and export that data into their accounting software instantly. As more and more states consider imposing sales tax on dispensaries, 420Pal will be able to support that as well.

Why create such a system? President of 420Pal, Mr. Sherman says, "Medical marijuana isn't just a miracle drug helping people live more normal, less pain-filled lives while managing chronic conditions like cancer, multiple sclerosis, and HIV/AIDS. It's also a rapid-growth industry, one devoted to helping people on both sides of the counter." … And help people it does. Part of 420Pal's mission is philanthropic - every transaction will provide much needed support to local medical marijuana-related charities or organizations. As the website says, "We are not a non-profit organization; we just believe that the patients who use the products and medicine in our industry need all the help they can get."

Mr. Sherman goes on to say, "Whatever your feelings are about cannabis, the science behind it cannot be denied. New data shows that it might actually arrest the growth of cancer cells, and this isn't a substance we have to spend millions of dollars learning to synthesize. As state and local laws continue to evolve, increasing regulations will force the industry to adapt. 420Pal provides the tools necessary for collectives and dispensaries to sleep soundly at night.”


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Todd Sherman
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